Buy new altcoins in ICO stage = profit? - page 2.

Simss

sr. member

Activity: 616

Merit: 250

Quote from: manifo1d on July 25, 2017, 10:59:34 AM

Title.

Basically is this how its done to receive a profit on Cryptocurrency?

or just invest when research and news is done.

Thank you

not all,
I think it depends on our luck, sometimes a lot of ICO which has a low price after marketing. Do I think buy altcoin at ICO = ? .. Grin

ewonardo

sr. member

Activity: 616

Merit: 250

Buying new altcoin at ICO stage doesn't always giving profit, I've experienced a loss after buying an ICO altcoin. There are still many ways to make benefit from cryptocurrency, such as existing altcoin trading, by doing research scrupulous. We can make profit for longterm.

Mormyr

newbie

Activity: 17

Merit: 0

Quote from: xwshamim on July 25, 2017, 12:55:40 PM

how to choose any coin from the ico and invest? I think its very tough to do so

It has been proven by some study that if you invest the same amount in all the big campaigns you end up with a profit. So yes, it means profit.

Omega Weapon

hero member

Activity: 1092

Merit: 501

Quote from: slaman29 on August 07, 2017, 01:05:26 AM

Quote from: Omega Weapon on August 07, 2017, 12:42:46 AM

Quote from: SonnetStar on August 04, 2017, 06:22:12 AM

Quote from: manifo1d on July 25, 2017, 10:59:34 AM

Title.

Basically is this how its done to receive a profit on Cryptocurrency?

or just invest when research and news is done.

Thank you

This is the type of thinking that actually crashed the market, at least partially. Coins like STATUS, BAT, Bancor, etc. Prettty much screwed people over - I myself "lost" a lot of value When the coins I got went down in value a lot.
Its simply not a gaurantee

Correct many altcoins go down in price after the ICO, so for many investors it would have been better to buy after the ICO, but I think this is a consequence of the crazy bonuses ICOs are giving for early investment, someone can buy tokens for a price and receive and extra percentage then he immediately sells for the ICO price to someone else and he earns that percentage as profit.

Big mistakes but ICOs love them because they attract big whales in the beginning:
1. Bonuses. Maybe one small early bonus is ok. 5%? 10%? But 50% is too stupid.
2. Bounties. I have seen 10% of token for bounty. What? They should set aside BTC for bounty and that's it. Don't be cheap and give tokens. You KNOW these will be dumped.

But anyway, people won't be smart. They always make the same mistake.

Your point number 1 is my biggest issue, I have seen in the last weeks more and more ICOs that are giving bonuses that are too high as an example if you buy 1 BTC worth tokens and you received a bonus of 25% then in theory you have 1.25 BTC worth in tokens if you sell at ICO price as soon as you can then you get 1.25 BTC with a 25% profit and this is why the price of those coins dumps.

cryptor47

full member

Activity: 252

Merit: 100

What do you all think about this one - https://equiplatform.io/ ?
I found it by coincidence and nobody is talking about it.
But the idea seems good to me, I can see an user case here.
Seems like a steemit/quora hybrid where you can earn $ when contributing useful info to those requesting it. Not to mention the other part, the business part that looks like a dashbord/all-the-tools-you-need when starting a firm or a startup.

yua_na

full member

Activity: 434

Merit: 175

basically it is stupid idea and kids doing it right now, the big investor is searching a good project to put money on it, so they will put it not in hurry, but if they offered a bonus for early investing and they trust the projevt, they will invest in early phase, it will give them more profit,

what i try to say here is : dont think you can get any gain if you only do an early buying in ico, at first you need to research where you will put your money

BMG86

full member

Activity: 322

Merit: 100

I feel like lately with these icos, the coins end up being cheaper that the ico price once they hit the market. So why bother investing in an ico when you can just wait and get a better price on the exchanges?

M0N3YMAGNET

full member

Activity: 159

Merit: 100

I bought Pillar and it ended up in the top 100 list on Crypto Market Cap within a month. So it's not a scam - BUT, they have yet to release their "wallet" so who knows. You just need to be smart and choose a project that has a lot of known people behind it. The team is highly important. I also invested in Presearch because someone on CNBC mentioned it who runs a large Hedge Fund. He also said Game Credits were a good investment. So you need to read the news constantly and use your gut.

prabakharras

sr. member

Activity: 546

Merit: 250

Just watch the long list of ICO here https://www.coingecko.com/ico
There is now an ICO for everything anything, is it nuts that money is flowing to all these? ICO used to be special... Sad

nakata90

sr. member

Activity: 381

Merit: 251

Quote from: NJB18 on August 07, 2017, 07:22:08 AM

Quote from: manifo1d on July 25, 2017, 10:59:34 AM

Title.

Basically is this how its done to receive a profit on Cryptocurrency?

or just invest when research and news is done.

Thank you

Not necessarily, bro. Buy new altcoins in ICO stage = profit is not the thing here all the time. Although the are occasions that it will happen. You are right that investment should only come after research and news is done. If the project is really good then ICO investment=profit.

I think most ICO in recently are have small profit in first time after listed to exchange, but this time very short and investor need update information this ICO everytime for sell token before it dump to lowest price, depending this ICOs good or bad, the time this token drop down will 1-2 days or 1-2 hours after listed.

Muhammad Muneeb

full member

Activity: 644

Merit: 101

📱 CARTESI 📱 INFRASTRUCTURE FOR DAP

investing in any ico is just like gambling.. not every ico gives you profit you may end up getting some losses.. there are allot of scam coins be alert

NJB18

sr. member

Activity: 663

Merit: 250

Quote from: manifo1d on July 25, 2017, 10:59:34 AM

Title.

Basically is this how its done to receive a profit on Cryptocurrency?

or just invest when research and news is done.

Thank you

Not necessarily, bro. Buy new altcoins in ICO stage = profit is not the thing here all the time. Although the are occasions that it will happen. You are right that investment should only come after research and news is done. If the project is really good then ICO investment=profit.

Cart

sr. member

Activity: 378

Merit: 250

Quote from: sweerty1 on August 07, 2017, 06:15:12 AM

I think only ICOs with great ideas mean profit, not all makes money to token holders. But I really love current stage, lots of devs bring whole new ideas into crypto.

I think that too. But it shouldn't be a random ERC20 token, there are too much right now. It should really be something totally new!

mkmdoc

sr. member

Activity: 658

Merit: 251

VIMee - Social Network

Every ICO will not give your profit because it will take some time to get profit. After completion of ICO when they listed in the exchange many people start dumping at a higher price. So we have to check whether the coin is profitable or not because many ICO is failing to make money after completion of ICO.

sweerty1

sr. member

Activity: 453

Merit: 251

Presale Starting May 1st

I think only ICOs with great ideas mean profit, not all makes money to token holders. But I really love current stage, lots of devs bring whole new ideas into crypto.

Fatunad

sr. member

Activity: 2226

Merit: 347

ICO wont really be profitable anymore from its investors because once the coin hit exchanges the price would automatically dumps because from those people who do recieve free coins from bounty which would really cause the price to go lower and in this case we can really think that its not really profitable anymore thats why investors are already smart as of now they do only choose up on potential projects.

BitcoinGirl.Club

legendary

Activity: 2800

Merit: 2736

Farewell LEO: o_e_l_e_o

Quote from: slaman29 on August 07, 2017, 01:05:26 AM

Quote from: Omega Weapon on August 07, 2017, 12:42:46 AM

Quote from: SonnetStar on August 04, 2017, 06:22:12 AM

Quote from: manifo1d on July 25, 2017, 10:59:34 AM

Title.

Basically is this how its done to receive a profit on Cryptocurrency?

or just invest when research and news is done.

Thank you

This is the type of thinking that actually crashed the market, at least partially. Coins like STATUS, BAT, Bancor, etc. Prettty much screwed people over - I myself "lost" a lot of value When the coins I got went down in value a lot.
Its simply not a gaurantee

Correct many altcoins go down in price after the ICO, so for many investors it would have been better to buy after the ICO, but I think this is a consequence of the crazy bonuses ICOs are giving for early investment, someone can buy tokens for a price and receive and extra percentage then he immediately sells for the ICO price to someone else and he earns that percentage as profit.

Big mistakes but ICOs love them because they attract big whales in the beginning:
1. Bonuses. Maybe one small early bonus is ok. 5%? 10%? But 50% is too stupid.
2. Bounties. I have seen 10% of token for bounty. What? They should set aside BTC for bounty and that's it. Don't be cheap and give tokens. You KNOW these will be dumped.

But anyway, people won't be smart. They always make the same mistake.

I agree the whole bonus scheme is to attract the whales but I think the idea of the big bonuses like the 50% should be reduced to save their projects because if this is allowed to continue, it means people will afford to dump their extra coins to claim these as a profit and this will make it more difficult for project succeeding.

slaman29

legendary

Activity: 2674

Merit: 1226

Livecasino, 20% cashback, no fuss payouts.

Quote from: Omega Weapon on August 07, 2017, 12:42:46 AM

Quote from: SonnetStar on August 04, 2017, 06:22:12 AM

Quote from: manifo1d on July 25, 2017, 10:59:34 AM

Title.

Basically is this how its done to receive a profit on Cryptocurrency?

or just invest when research and news is done.

Thank you

This is the type of thinking that actually crashed the market, at least partially. Coins like STATUS, BAT, Bancor, etc. Prettty much screwed people over - I myself "lost" a lot of value When the coins I got went down in value a lot.
Its simply not a gaurantee

Correct many altcoins go down in price after the ICO, so for many investors it would have been better to buy after the ICO, but I think this is a consequence of the crazy bonuses ICOs are giving for early investment, someone can buy tokens for a price and receive and extra percentage then he immediately sells for the ICO price to someone else and he earns that percentage as profit.

Big mistakes but ICOs love them because they attract big whales in the beginning:
1. Bonuses. Maybe one small early bonus is ok. 5%? 10%? But 50% is too stupid.
2. Bounties. I have seen 10% of token for bounty. What? They should set aside BTC for bounty and that's it. Don't be cheap and give tokens. You KNOW these will be dumped.

But anyway, people won't be smart. They always make the same mistake.

dimatu

member

Activity: 90

Merit: 10

Quote from: Omega Weapon on August 07, 2017, 12:42:46 AM

Quote from: SonnetStar on August 04, 2017, 06:22:12 AM

Quote from: manifo1d on July 25, 2017, 10:59:34 AM

Title.

Basically is this how its done to receive a profit on Cryptocurrency?

or just invest when research and news is done.

Thank you

This is the type of thinking that actually crashed the market, at least partially. Coins like STATUS, BAT, Bancor, etc. Prettty much screwed people over - I myself "lost" a lot of value When the coins I got went down in value a lot.
Its simply not a gaurantee

Correct many altcoins go down in price after the ICO, so for many investors it would have been better to buy after the ICO, but I think this is a consequence of the crazy bonuses ICOs are giving for early investment, someone can buy tokens for a price and receive and extra percentage then he immediately sells for the ICO price to someone else and he earns that percentage as profit.

Many ICOs also go up as soon as the ICO is over. The bonuses are a thing yes but it comes down to whether the demand was there or not as to whether the price pumps or dumps.

Omega Weapon

hero member

Activity: 1092

Merit: 501

Quote from: SonnetStar on August 04, 2017, 06:22:12 AM

Quote from: manifo1d on July 25, 2017, 10:59:34 AM

Title.

Basically is this how its done to receive a profit on Cryptocurrency?

or just invest when research and news is done.

Thank you

This is the type of thinking that actually crashed the market, at least partially. Coins like STATUS, BAT, Bancor, etc. Prettty much screwed people over - I myself "lost" a lot of value When the coins I got went down in value a lot.
Its simply not a gaurantee

Correct many altcoins go down in price after the ICO, so for many investors it would have been better to buy after the ICO, but I think this is a consequence of the crazy bonuses ICOs are giving for early investment, someone can buy tokens for a price and receive and extra percentage then he immediately sells for the ICO price to someone else and he earns that percentage as profit.

Topic: Buy new altcoins in ICO stage = profit? - page 2. (Read 4103 times)