Have you made anything with ICO's? | Bitcointalksearch.org

Ben Barubal

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Quote from: JustineCollins09 on January 16, 2024, 03:46:07 PM

With bitcointalk being the largest forum, I would like to know if you coins were rag pulled in ICO's. Do you consider it a scam or legit way to invest? I came in a conversation with a person who made fortune in ICO's. So, I would like to know what you know about it. A thing to try or should I ignore?

I didn't catch the time of ICO's, but I heard that there was a lot of profit there, so I cannot say that he was a scam during 2017 when it boomed. But when 2018 onwards entered, this is where the ICO campaign projects started to fall.

I have never experienced earning from bounties except for the current signature campaign that I am a part of now, where somehow we are paid weekly via bitcoin payment. And crypto trading activity also helps somehow.

Gladitorcomeback

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Quote from: JustineCollins09 on January 16, 2024, 03:46:07 PM

With bitcointalk being the largest forum, I would like to know if you coins were rag pulled in ICO's. Do you consider it a scam or legit way to invest? I came in a conversation with a person who made fortune in ICO's. So, I would like to know what you know about it. A thing to try or should I ignore?

ICO is not profitable, Projects are mostly doing scam by just paying some $ to exchange/Influencers to raise fund. Now private sell and IDO are profitable but we have to check project details before investing. 1/10 of project gives profit while 90% projects results in the loss. IDO and Private sell Vesting period is very boring. Most of project just release 10% at TGE and then one year linear vesting. Currently I think the most profitable initial buying token is through exchange launchpad (Bybit, bitget) but it need luck.

yazher

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I never thought someone would still want to talk about it this year because the ICO times were over and there are already lots of new trends after they fell into garbage. Of course, there are lots of people who got rich because of it and some of them didn't need to invest their money, just with their time to promote it via bounties in social media. If only the scammers didn't create their own fake projects, we would have lots of projects that became successful because the investment would be focused on them, not on those fake projects that ended up stealing the investor's money using their sugarcoated words to promote their fake ICO projects.

Questat

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Quote from: JustineCollins09 on January 16, 2024, 03:46:07 PM

With bitcointalk being the largest forum, I would like to know if you coins were rag pulled in ICO's. Do you consider it a scam or legit way to invest? I came in a conversation with a person who made fortune in ICO's. So, I would like to know what you know about it. A thing to try or should I ignore?

ICO projects once became too popular and profitable, and early investors and bounty participants knew it. But it was just in the past years and their time is over, they have now not gained such fame instead, they are in the rejection because of huge scams and shitcoins.
Ignoring them is the best thing to do. At this time, AI projects have already been on the move after meme coins, you may have to take a look and consider them. Still, you need to be cautious in choosing new projects, not all of them are worth it, many are still scam and useless projects.

lovesmayfamilis

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I was that idiot who believed in every new project that came out in 2018. ICO was very popular then, and I thought that everything was really so real, watching videos on YouTube and reading various advertisements and people's reviews.
But the veil of charm quickly fell from my eyes, and I began to dissect each new project to its bones, observing dozens of scams almost every day.
Today, I also don’t believe in any new coin that is brightly advertised, since they all sooner or later turn into dust. The purpose of creating such projects has always been and will be to profit from investors who are ready to believe the lies that scammers so beautifully hang on their ears.

JustineCollins09

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Great share about the experience of members. I came to a website called ICOdrops. I see ICO's still getting great initial fundings but I don't think many of them stand anywhere to what they promise.

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Quote from: JustineCollins09 on January 16, 2024, 03:46:07 PM

With bitcointalk being the largest forum, I would like to know if you coins were rag pulled in ICO's. Do you consider it a scam or legit way to invest? I came in a conversation with a person who made fortune in ICO's. So, I would like to know what you know about it. A thing to try or should I ignore?

Many have rugpulled in the past and even in the present. Yes they are still thriving but you need to pick which platform to choose an ICO. Mostly the best one for me is coinlist and all those ido on such platform like avalaunch, seedify, apeterminal and daomaker. These platform will surely give you a good profits. However avoid one that making on their own platform without any third party cause chances that they will rugpull is huge. Unless they are proven to be legit.

FinneysTrueVision

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Ethereum is one of the few cryptocurrencies that I can think of which were launched in an ICO and actually achieved long-term success. I think Tron was also originally an ICO token. For every ETH and TRON success story there are hundreds of failed projects launched from an ICO. Civic and BAT had two of the most successful ICOs during the 2017 craze but looking at where they stand now, you would have been much better off staying with Bitcoin or Ethereum.

I missed most of the early ICOs and felt some regret after seeing the initial success of some tokens. I eventually ended up investing a small amount in several projects which are now completely dead. IEOs and IDOs had a bit of hype in more recent years but I managed to stay away from these despite some of them promising ridiculous APYs when yield farming was really popular.

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Quote from: JustineCollins09 on January 16, 2024, 03:46:07 PM

With bitcointalk being the largest forum, I would like to know if you coins were rag pulled in ICO's. Do you consider it a scam or legit way to invest? I came in a conversation with a person who made fortune in ICO's. So, I would like to know what you know about it. A thing to try or should I ignore?

Absolutely because going rag pulled is a step taken by the developer team and things like that have been planned, not sudden steps, so of course they have planned that this project is just to cheat and enrich themselves but unfortunately there is not much that can be done or to be able to detect it, that's why only invest in money that we can afford to lose.

I don't think ICO is an investment because there are no definite benchmarks to judge what a good ICO is and also because there are no definite regulations so this is just speculation, and indeed ICO is one way we can get very big and fast money or vice versa and ICO is more for short term since investment is for long term so ICO cannot said to be investment.
If I were you than I will ignore it or if want to buy than should use money we can afford to lose.

icalical

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I don't know if the terms ICO is still popular for now, there is definitely new project that raised fund by offering their coin, but I rarely read that they use this term. For me, I made more profit with ICO then with trading or holding coin, by percentage of the initial capital I used on each investment, the biggest profit I get with 8000x times, but actually this project turns out failed after 2 years or something, I sell it few months before the project failed and (maybe) rugpulled.

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Quote from: JustineCollins09 on January 16, 2024, 03:46:07 PM

With bitcointalk being the largest forum, I would like to know if you coins were rag pulled in ICO's. Do you consider it a scam or legit way to invest? I came in a conversation with a person who made fortune in ICO's. So, I would like to know what you know about it. A thing to try or should I ignore?

I am also one of those who participated. I made some fortunes during the ICO boom when I was just starting, and my approach had no caution. Many ICOs turned out to be scams, with the creators disappearing after raising funds, a practice known as rug pulling. I don't see many ICOs nowadays, but if there are still any and you're considering investing, thorough research is very important. Look into the project's whitepaper, team members, and community feedback. This forum is a valuable resource, but it's important to filter through opinions and rely on credible sources.

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Quote from: JustineCollins09 on January 16, 2024, 03:46:07 PM

With bitcointalk being the largest forum, I would like to know if you coins were rag pulled in ICO's. Do you consider it a scam or legit way to invest? I came in a conversation with a person who made fortune in ICO's. So, I would like to know what you know about it. A thing to try or should I ignore?

Yeah, i've made profit from them, but i've also lost with them. But if you need to ask it they are legit, i would say that you should ignore them, as whole premise of your question is too broad. There are legit icos, as there are legit private sales, idos and ieos and what not, but over 99% of them are not legit. And the way you ask your question makes me think you most likely wouldn't find the legit ones. Even if you would find legit one, even if you did everything right, some scam most likely moons way better then your investment.

There are so many things that can be red flags, that you would need lots of experience to DYOR.

I think in bitcointalk too, there are some good threads on how to find good icos, but frankly you might be better of investing something that's currently undervalued. Icos can be overvaluated as well.

btc78

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ICOs were once considered to be profitable albeit being very risky but now we see a lot of altcoins not really being able to compete with bitcoin or ethereum anymore they might look like they have a lot of potential but then the coin usually dumps after a while I guess if you still want to invest in ICOs then you better research religiously about the project, its team behind it and study how much money should you only invest

Wexnident

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In the past yes. It was the golden time for ICOs and a lot of people were able to make profit from it. Even if you consider the losses I reckon most would've been able to get a net profit of at least some amount really. Past a certain year though which was I think 2018? Almost every ICO was pretty bad, most of which blinded users by "possible" profits from god knows what analysis bs their team got from. Which, well, some people, myself included, believed.

I personally avoid ICOs like a plague now but if you have the time and money to spend to look them up as well as accommodate their conditions to participate, then up to you really. A lot of legit ICOs are hard to find these days. Personally don't think it's worth the time and effort.

kamvreto

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ICOs are not popular nowadays and this is a project of the past that has many fans. Unfortunately, I participated in several ICOs and made a lot of profit at first, but when the bitcoin market was not good, all the projects did not make a profit, some were just abandoned and not listed anywhere and I experienced losses. Now the ICO period is over and replaced by launchpad or launchpool on large Cex markets such as Binance, Bybit, OKX etc. A launchpool or launchpad like that is more guaranteed because it manages an exchange that is already popular and has many users, so the success rate is greater and you can immediately list it on the market that facilitates the launchpad.

Dr.Bitcoin_Strange

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Some years ago, while I was actively buying altcoins, I only kept track of the project until it finally got listed. I prefer to buy from newly listed companies than from ICOs. There is a high chance that you can buy a token for $5 during an ICO, and the project might make a promise stating that the listing price of that token would be $10, but just a few minutes after listening, you will see the same token or coin trading below $2, whereas you actually bought $5 during their ICO.

Some people have actually made a great loss by investing during an ICO, while others have also made a profit from it. But the fact is that investing during an ICO doesn't guarantee 100% profit; you could still be unlucky and experience a heavy loss.

I still remember one coin called the VENICE coin. During their ICO the coin was sold for about $10, during IEO the it was sold for $15, and so many investors who thought that the project was worth it invested a huge amount of money, but when the coin got listed, it was listed in the range of $5. You can now see the current price below.

I am not in any way promoting this shit coin Cool

, just using it to set an example.

nakamura12

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The time when ICO is very trendy is already long gone. If you are going to ask if there's still some ico left and yes, there's still some ico left but it won't be easy to find a legit ico. I was able to join a legit ICO If I remember the correctly, I think it's 2022. Anyway, if you want to invest then it's much better if you invest in different crypto like bitcoin or other cryptocurrency within the leaderboard. There's nothing wrong if you want to try since it's your own money and time.

tyz

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Quote from: JustineCollins09 on January 16, 2024, 03:46:07 PM

With bitcointalk being the largest forum, I would like to know if you coins were rag pulled in ICO's. Do you consider it a scam or legit way to invest? I came in a conversation with a person who made fortune in ICO's. So, I would like to know what you know about it. A thing to try or should I ignore?

The days of good ICOs are long gone. ICOs were useful when Bitcoin was not yet so mainstream (2014-2017). Since then, no project with a good idea and solid technology has had trouble finding initial investors, as there are enough venture capital firms specializing in crypto. ICOs are therefore only made by second- or third-class projects today that are hardly worthwhile for investors in the end. I would be cautious investing in such projects nowadays.

LTU_btc

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Investing in ICO's was one of worst my mistakes in crypto. Back in peak time of ICO's I invested into several. It wasn't a lot of money, but still I regret getting fooled by nice whitepaper and good PR. Basically I have thrown away my money and helped creatorsof ICO's to get rich. Now I'd rather would give these money to charity or random panhandler.
Cases when investor made fortune in ICO's is rare, it's already good if you managed to get ROI. But there is plenty people who made fortune - creators of all these ICO's obviously.

Xal0lex

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ICOs were popular a few years ago. And yes, indeed, back then many investors earned quite a lot by investing in various ICOs. Now ICOs have faded into oblivion, replaced by IDOs, retrodrops, etc. It is more difficult to make money in these events, as the conditions for participation, for example, in retrodrop, have become more complicated.

Topic: Have you made anything with ICO's? (Read 193 times)