Buy new altcoins in ICO stage = profit? - page 6.

13abyknight

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Quote from: manifo1d on July 25, 2017, 11:59:34 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

It basically depends on what the coin or entity can offer that isn't already existing, like something specific in its own fields which will help for better and efficient transactions. Not to mention, a majority of the coins end up as 'shitcoins' because they have nothing new or specific to offer and if you bought coins during their ICO, you are surely to incur a loss.

Invester

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Quote from: manifo1d on July 25, 2017, 11:59:34 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

You are correct mate. Invest only after enough research and news (not just FUD and shallow hype) are done. Buying on or after ICO is not anymore immaterial. There are tokens that grow much higher in price right after ICO. There are also those whose prices go all the way down rock bottom after ICO. And there are ICOs that are simply scam, many of them. Study all of them before investing.

Yuhee

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Quote from: Warry on July 25, 2017, 10:53:27 PM

Quote from: manifo1d on July 25, 2017, 11:59:34 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

Basically, not every ICO is succeed, if it is not, the price after ICO will be decreased or even if that ICO is succeed, after ICO, there may be many people sell their coins, it could lead the price go down.

Its not just.on its sells but sometimes you jave to know what is the coin offering or what is its function. Because this coins now arent just for mining but they are now integrating functions such as bank affiliations or how to transact artworks. Also being familiar with its developer can be a goos impact on the flow an ico. Many have now became victims of false promises by some ico during the early staged but i can see now that most people are now well informed when it comes to things like this.

thanhnc46947

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Buy new altcoins in ICO stage not = profit. this mean you are investing and investment then you will get profit or you will lost your money

Warry

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Quote from: manifo1d on July 25, 2017, 11:59:34 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

Basically, not every ICO is succeed, if it is not, the price after ICO will be decreased or even if that ICO is succeed, after ICO, there may be many people sell their coins, it could lead the price go down.

mikhael

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Quote from: NorrisK on July 25, 2017, 05:50:28 PM

Last year and several months ago this may have been the case.

Back then there were real projects being released with long planning and recource gathering along with it.

Now, there are mostly get rich fast schemes for the ones that run the ICO.

That's definitely true, anyone who planning to invest their hard-earned money in ICO should exercise caution and perform due diligence.

USBitcoinServices.Com

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It depends, but you can support a project buying this coins from ICO stage and hold until the team reach maturity in their product or services, Tomorrow is the last day to buy Dent tokens, this token is for the mobile data industry, so user buy and sell unused mobile data.

NorrisK

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Last year and several months ago this may have been the case.

Back then there were real projects being released with long planning and recource gathering along with it.

Now, there are mostly get rich fast schemes for the ones that run the ICO.

realdeanz

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Lots of ICOS are outright scams, some more intricate than others, so you ought to be extremely critical and do your own thourough research. The SEC today ruled that DAO'S (And ICOS) can be considered securities, meaning in the long run, i belive that the industry will be regulated and the scamming will get harder. But in any case, verify info on many different sources (website, social media, forums) before you invest your hard earned crypto/cash

2double0

legendary

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It isn't that easy. Before knowing what (the coin and the concept behind it) and whom (the company as well as the owners) you are investing for and doing complete research about the coin, you should never invest in an ICO. Must have seen that SkyWay scam, right? Many users thought they will get a huge share but after searching and going through SkyWay's real website and chatting with their representatives (even I did that), we all came to know that they were just trying to scam everyone. So, trusting any company blindly and putting our money there is not a good choice, but waiting till the first week starts or checking before about the coin and then investing could give serious returns over your investment if it turns out to be the one as expected.

manifo1d

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Quote from: mekar sari on July 25, 2017, 02:09:45 PM

No, not necessarily you get a profit, even that you get is a loss, because all the coins at the time of entering the market the price is very destroyed, you better invest when the coin already in the market

So best point of entry is when the coin enters the market and seems promising?

Also can you hold money in USDT on standby for till a new coin enters the market?

hosseinimr93

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It depends on the ICO you invest in. Sometimes you can buy a coin at a lower price in markets. Note that it's not general an sometimes you can buy coins in ICOs and a make a good profit due to get some bonuses as reward. Anyway you should check out projects before investing and decide.

mekar sari

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No, not necessarily you get a profit, even that you get is a loss, because all the coins at the time of entering the market the price is very destroyed, you better invest when the coin already in the market

xwshamim

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

manifo1d

newbie

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Title.

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

or just invest when research and news is done.

Thank you

Topic: Buy new altcoins in ICO stage = profit? - page 6. (Read 4087 times)