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Topic: Creating New Coin or Invest in ICO - page 5. (Read 1100 times)

jr. member
Activity: 420
Merit: 1
October 14, 2018, 11:47:55 AM
#43
for me, if I have to choose, I prefer to invest in ICO. although it is very risky, but we can minimize it by looking at the team that is competent in it, has a good vision, a product that is ready and useful for the lives of many people. for companies that are already large, I think they will choose to make their own coins. because the benefits that can be obtained will be far greater than investing in the ICO.
member
Activity: 634
Merit: 10
October 14, 2018, 11:31:16 AM
#42
As the title pronounced which do you prefer Invest or create? For me the capability of creating new coin can make big income and big loss there is a certain period of time that this idea will fail, as for Investing in some ICO compare to other side you have a freedom to choose, we all heard, don't put all your eggs in one basket but what if *if* half of the dozen egg broke and the other four was on fatal condition and the last two was successful and these two coin made you around 10m usd and your capital was 11m usd all of effort and time come to waste you see it's really hard to choose between two, how bout you share your opinions and express yourselves into this topic.
Like what you've said, I think investing in an ICO is better than creating new coin where you have to have good ideas that will capture the interest and attentions of investors which can either be a success or a failure, unlike Investing in cryptos where you have to choose the ICO you think has the potential to grow and be useful to investors and to the blockchain technology as well. From here you can choose trustworthy ICOs to put your money in that may give you good amount of profits in the future.
sr. member
Activity: 980
Merit: 261
October 14, 2018, 10:32:55 AM
#41
As the title pronounced which do you prefer Invest or create? For me the capability of creating new coin can make big income and big loss there is a certain period of time that this idea will fail, as for Investing in some ICO compare to other side you have a freedom to choose, we all heard, don't put all your eggs in one basket but what if *if* half of the dozen egg broke and the other four was on fatal condition and the last two was successful and these two coin made you around 10m usd and your capital was 11m usd all of effort and time come to waste you see it's really hard to choose between two, how bout you share your opinions and express yourselves into this topic.

creating new coin is too fussy it requires lots of thing to be settle for the legality of the coin ofcourse if you will not settle those things then your ICO may fail it is not about having an idea but it is about having a good team to manage the idea that you have you cant run it by yourself you need to have a good partners doing that things.
sr. member
Activity: 1988
Merit: 283
October 14, 2018, 09:19:42 AM
#40
In my personal opinion probably much better to invest in any ICO investment site even some projects are not trustworthy.  rather than investing your money by creating new coin on this very volatile market, because it's not safe and very difficult honestly. common reason why there are more shitcoin nowadays .so don't waste your money and efforts on that idea  mate especially if you don't have knowledge how it works. which is much better to choose the best and sure way to become profitable.  
member
Activity: 196
Merit: 10
October 14, 2018, 08:31:45 AM
#39
both actions are not easy to take on, create a new coin is massive work with a correct people, if not it can get fail and investing in an ICO also not easy you must study the entire project and the people then you can get clear picture about it
member
Activity: 2044
Merit: 16
October 14, 2018, 08:19:38 AM
#38
If you have much knowledge and has big financial assets then you can create coins of yours but both of them required great risked to begin with because even ICO don't give guarantee that it really succeed in the market and gain investors to it. Maybe i would suggest to invest on tokens or projects that already on the market that have a good feedback and well participated from the crypto community. With that it surely guarantee your gain from you investments.
hero member
Activity: 1067
Merit: 501
October 14, 2018, 08:04:19 AM
#37
If someone gave me a lot of money and I have to pick one of the two I would go for ICOs. Starting your own coin requires a lot of work,money and if it fails there's no going back. ICOs have a downside too it's not that easy to determine which one would give you profit but the amount of effort you put in to investing is less compared to having your own coin.

If you really want to have a lot of money then you should try to create a coin even though it's useless. You can gather a lot of funds and sponsors if you create a nice ads about it since a lot of ICO and new coins is doing the same.
There's also a possibility that he won't gather enough funds due to countless ICOs appearing every day there won't be enough money for every single ICO out there. Some will succeed and others won't.

In other words, you prefer to risk investors money rather than your own.  Cool Very smart Wink

However, the difference between new coin and the ICO is too big to discuss it only about the funds.
To create a new coin - with the current high level of development of existing coins, someone will need really large resources and a group of very good specialists to even try.. There are a lot of good coins on the market, so the competition is huge - it's hard to imagine how hard it would be to fight with them on the market!
ICO gives the opportunity to promote a new idea that does not necessarily have to be related to the cryptocurrency market. That's all you need is a good idea, willingness and the ability to convince investors to trust you.
If you don't think about tens of millions $$$, but only about realizing your dream, but a good and perspective project - I definitely recommend ICO.
member
Activity: 400
Merit: 59
October 14, 2018, 07:53:46 AM
#36
If you have enough money and experience, then starting your own business by creating a new coin will be more profitable.
But, keep un mind that creating the coin is not the most important thing (I think it would be the easiest part).
Investing in ICOs is less profitable (in 99% of cases) but does not require any effort.

But you need to be smart enough then probably you might as well do the two. Invest then start a new one. Real businessman used different ways to gain profit. And with this it is both profitable so do the same if you really wanted to gain profit. But then you need to have enough knowledge.
full member
Activity: 406
Merit: 100
October 14, 2018, 07:41:51 AM
#35
If you have a unique project with a usefullness of extreme and you have an amazing and professional team, and mind you, you should have a good money to start up for advertising, then making your own coin will be good, else investing will be the best decision.
sr. member
Activity: 1274
Merit: 263
October 13, 2018, 11:33:17 PM
#34
Creating a coin is really hard because you need a team and smart team. You need also develop you unique and good project so the investor will invest to the coin that you created. Investing in ICO is good but choose only a good project that yout money will grow and not gone.
sr. member
Activity: 658
Merit: 250
October 13, 2018, 11:08:04 PM
#33
As the title pronounced which do you prefer Invest or create? For me the capability of creating new coin can make big income and big loss there is a certain period of time that this idea will fail, as for Investing in some ICO compare to other side you have a freedom to choose, we all heard, don't put all your eggs in one basket but what if *if* half of the dozen egg broke and the other four was on fatal condition and the last two was successful and these two coin made you around 10m usd and your capital was 11m usd all of effort and time come to waste you see it's really hard to choose between two, how bout you share your opinions and express yourselves into this topic.
I prefer to invest in an ICO than creating a new coin because this is the easiest way to earn huge profit when you're lucky enough.Creating a project is never that easy,developers need to be very knowledgeable inorder to earn trust from its investors and could create huge adoption.Cryptocurrency needs it and creating also a coin has high probability of speculations if its gonna work out or fail.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
October 13, 2018, 11:00:54 PM
#32
Why creating a new cryptocurrency if you don"t have something news to give to people? There are thousands of coins already, so you really need to make THE difference from others.

Invest in ICOs? Same here, why would you invest in an ICO knowing that most are either scam, dead born, no innovation behind. There are too many existing coins

If it's all about money I prefer to invest in an established project rather than jumping on creating a coin or who knows what else, while I have no idea how to...

Now is a difficult time for all iso projects. But I think that you can find decent projects that have a good idea and team.

Take the shortcut and avoid each of them
full member
Activity: 644
Merit: 100
October 13, 2018, 07:45:00 PM
#31
As the title pronounced which do you prefer Invest or create? For me the capability of creating new coin can make big income and big loss there is a certain period of time that this idea will fail, as for Investing in some ICO compare to other side you have a freedom to choose, we all heard, don't put all your eggs in one basket but what if *if* half of the dozen egg broke and the other four was on fatal condition and the last two was successful and these two coin made you around 10m usd and your capital was 11m usd all of effort and time come to waste you see it's really hard to choose between two, how bout you share your opinions and express yourselves into this topic.

It seems to me that, you need to think it either you invest or creating a new coins. But personally, If I will choose between investing or creating a new coins I would rather to invest. why? because it is not easy to create a new coins because there has a possibilty that it did not work and many of your hardwork will ne useless rather that investing that you will only spend a money that you can afford to lose.
sr. member
Activity: 574
Merit: 250
October 13, 2018, 06:53:29 PM
#30
In my opinion. You better invest in coins that have been circulating in the trade market than you make new coins or invest in ICOs. currently the number of digital currencies is very large and many of these coins which do not have good credibility so they cannot last long in the trade market. and currently there are many ICOs that have failed because of the poor quality of their products. so, you better choose a coin that has been able to survive in the trade market and has good quality.
full member
Activity: 532
Merit: 100
October 13, 2018, 05:56:14 PM
#29
Creating a new coin is more complicated. You need to have a good and knowledgeable team with you. And you need to have resources so you can support all the needs in creating your coin. So for me investing in an ICO is better. But we need to take a good look on the ICO that we are investing in. So we won't be a victim of scam ICO's.
hero member
Activity: 882
Merit: 517
cloverdex.io
October 13, 2018, 04:19:12 PM
#28
As the title pronounced which do you prefer Invest or create? For me the capability of creating new coin can make big income and big loss there is a certain period of time that this idea will fail, as for Investing in some ICO compare to other side you have a freedom to choose, we all heard, don't put all your eggs in one basket but what if *if* half of the dozen egg broke and the other four was on fatal condition and the last two was successful and these two coin made you around 10m usd and your capital was 11m usd all of effort and time come to waste you see it's really hard to choose between two, how bout you share your opinions and express yourselves into this topic.

Investing in a ICO is good and requires just a reasonable amount but creating a new coin is not easy and it does require more knowledge and more stuffs besides money. If you are skilled enough and have a team who has experience in creating a coin, then yes you can do so. A big capital and technical experience is damnly required. Nothing else. Just spend time analysing the market growth and pitch in when you ate done with your new coin.
newbie
Activity: 9
Merit: 0
October 13, 2018, 03:33:46 PM
#27
Now is a difficult time for all iso projects. But I think that you can find decent projects that have a good idea and team.
jr. member
Activity: 98
Merit: 2
October 13, 2018, 10:39:39 AM
#26
ICO is risky already, but nothing compared to creating a new coin. It is possible to create it, all right, but the problem is to promote it and convince people they actually need your coin.
For this reason we see a lot of new projects based on some original idea: coin integrated in a service or store, and even in this condition it is hard for them to survive.
legendary
Activity: 3290
Merit: 1901
Shuffle.com
October 13, 2018, 10:27:28 AM
#25
If someone gave me a lot of money and I have to pick one of the two I would go for ICOs. Starting your own coin requires a lot of work,money and if it fails there's no going back. ICOs have a downside too it's not that easy to determine which one would give you profit but the amount of effort you put in to investing is less compared to having your own coin.

If you really want to have a lot of money then you should try to create a coin even though it's useless. You can gather a lot of funds and sponsors if you create a nice ads about it since a lot of ICO and new coins is doing the same.
There's also a possibility that he won't gather enough funds due to countless ICOs appearing every day there won't be enough money for every single ICO out there. Some will succeed and others won't.
sr. member
Activity: 910
Merit: 257
October 13, 2018, 10:22:10 AM
#24
As the title pronounced which do you prefer Invest or create? For me the capability of creating new coin can make big income and big loss there is a certain period of time that this idea will fail, as for Investing in some ICO compare to other side you have a freedom to choose, we all heard, don't put all your eggs in one basket but what if *if* half of the dozen egg broke and the other four was on fatal condition and the last two was successful and these two coin made you around 10m usd and your capital was 11m usd all of effort and time come to waste you see it's really hard to choose between two, how bout you share your opinions and express yourselves into this topic.

I think this comparison is just so far off each other to actually compare. Creating a new coin, as a developer, is something that is not easy to do since you have to prepare for a lot of aspects, and also, you have to legally register your coin and set off a good product to support it, especially nowadays when its so hard to actually put up a coin unlike before. On the one hand, investing in ICO is fairly easy compared to making your own coin. Don't get me wrong; it's not easy, but in comparing the two, investing in ICO is easier. The biggest consideration you should considering with investing is choosing which project to commit to.
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