HOW to successfuly participate in an IEO? Initial exchange offering

leea-1334

hero member

Activity: 2282

Merit: 953

Temporary forum vacation

Quote from: allanr on April 21, 2019, 09:24:04 AM

Quote from: btc_angela on April 17, 2019, 02:55:15 AM

Nice, because usually it was reported that bots really do the buying in most IEO because how quick it was getting sold, like literally in seconds. How much did you able to buy though? I'm just curious cat here. Grin

Most participants who join the IEO are 90%bot - 10%human.
My regret is that I only bought $100, but I am happy because I sell it at a price 17x from IEO price. Grin

I suspected this as much to be honest. I was curious to see how an IEO looked like and went to a Bittrex one and the screen simply could not even load for me. By the time I could load it, sale was over. So I have pretty okay internet and a fast computer. If I could not do it, I guess most people cannot. The only explanation left is just automatic bots waiting and flooding the server with requests to achieve a buy order.

BlueStackz

legendary

Activity: 1204

Merit: 1028

Quote from: prtty2gal2 on April 20, 2019, 04:22:44 AM

The major thing you need is a very good web provider, preferably a 4g network because there will be millions of users visiting the site to make purchase at a time and not everyone would be able to make purchase because the token is limited and can be sold out at anytime, another you need to do is to be on the website very early, let's say if possible 2 hours before the sales begin so that you would know what is left is for you to make purchase immediately, make sure you fund your account on time so that you won't have problem with confirmation.

What we need is more projects to be registered on IEO and opened to many investors, there was an announcement on Yobit yesterday that I saw, on their upcoming IEO, which I check and I saw that they only have 1 upcoming IEO that will be on board in 70 days, imagine how many people would have seen this and preparing for the 70 days, when the time comes, it’s the fastest person that will participate, and it’s just beginning to look like a raffle draw. If we have so such projects, then there won’t be any rush, because 1 person cannot participate in many IEO at the same time.

tranduong123

copper member

Activity: 714

Merit: 5

I am like you, joining several IEOs, and the result is not buying any IEO. The reason is because there are fraudsters who use support tools, they can complete the purchase in 1s. I hope new forms like Binance's lottery will bring more fairness. Let's see

futile-resistance

hero member

Activity: 840

Merit: 516

Quote from: sujonali1819 on April 16, 2019, 10:04:38 AM

I think when you will try in high ranked exchange like binance, bittrex, it totally depends on your luck. Most of the IEO ever I have seen was finished in a second. Maybe who was successful yet by using bots.

Exactly and which also shows how big the demand is for IEO among people. I think that it would be good if you have an account on the exchange which is planning to conduct an IEO. This is important because if you try to make an account just a day ago before the launch of IEO, you will never make it because the verification process takes time. And yes some of the IEOs are done with the tokens in seconds so make sure you are there when it is conducted.

I guess, there will be no new mechanism is needed specially for participating into IEO as usual ICO procedures itself more than enough to filter out scam things even with IEOs.

MRlong

sr. member

Activity: 518

Merit: 250

I think to successful in an IEO we must be lucky cause it's very difficult to buy coin/token in IEO cause number of investors is very huge while number of coin/token in IEO is limited. But I think you should make a team about 4 - 5 persons, maybe it'll help cause as I can see there are so many teams created to buy token/coin from IEO and it worked although amount of token/coin they could buy wasn't so much.

Doging

hero member

Activity: 1036

Merit: 500

I tried to take part many times, but it never ended successfully. Unfortunately, the only protection against bots is a lottery. IEO bots are a new type of fraud. I hope that in the near future the situation will change for the better and everyone will play by the same rules.

trash321

full member

Activity: 602

Merit: 100

There is nothing difficult there. Everything is very simple and very similar to the usual process at ICO, KYC is also a must-have procedure. Therefore, I do not understand exactly what the problem was. I think you will understand everything.

allanr

full member

Activity: 345

Merit: 114

Quote from: btc_angela on April 17, 2019, 02:55:15 AM

Nice, because usually it was reported that bots really do the buying in most IEO because how quick it was getting sold, like literally in seconds. How much did you able to buy though? I'm just curious cat here. Grin

Most participants who join the IEO are 90%bot - 10%human.
My regret is that I only bought $100, but I am happy because I sell it at a price 17x from IEO price. Grin

absurde

jr. member

Activity: 532

Merit: 5

i had tried twice in Binance, but i couldn't purchase even i am in %0.17, i don't believe that system , because it's not fair enough therefore transparent.

Whosdaddy

hero member

Activity: 1148

Merit: 527

Quote from: rafi035 on April 19, 2019, 01:32:48 PM

The IEO is for me, I always follow IEO from large exchanges like Binance, Bittrex, and other exchanges, if the IEO is made a small exchange then I don't participate.

These are still the exchanges carrying out IEO projects for now and that is why it feels safe for many investors, but it is not just to follow but to participate, have you ever participated in any of these IEO projects ? Because to me, it has been quite difficult for many people to gain access to it because of tokens that gets sold out within minutes.

I am also following the projects and monitoring their progress but what is the essence of doing do when I dint have any slot or shares in the project, these top exchanges you mentioned really need to simplify it application method, so people can equally participate in it.

installer

full member

Activity: 294

Merit: 100

Only Binance, Huobi and some more exchanges can guarantee profit from an IEO. Because Latoken and Probit have launched IEOs far earlier than Binance, but there was almost no buyers because the only thing that matters in this community is the exchange where this token is going to be listed at.

hrunya102

member

Activity: 546

Merit: 11

I am a member of a group of people who systematically try to get to the IEO, everyone does it without bots or scripts, in the last 10 days the percentage of getting 0, before it was 5-10 %.

Neo.op

sr. member

Activity: 1092

Merit: 254

I think I've never participated in any of the ICO crazies in 2017.But then I found out that people made serious money with these ICOs.Now, Binance started it again and I couldn't make it if I tried to get in all the time.

DeathProxy

sr. member

Activity: 756

Merit: 251

World's First Crowd Owned Cryptocurrency Exchange

IEO is hard to get in now. Many IEO are saturated by bots that purchase the whole token allocated to IEO under few seconds making it difficult for the normal investors to buy in . The best way to buy into this type of token is through their presale.

leavolnhals

full member

Activity: 770

Merit: 101

Quote from: Mrtenex on April 15, 2019, 03:37:50 AM

hello guys, lately many investors and crypto enthusiasts are excited and talking about IEOS or Initial exchange offerings because of the returns X they get. X3 To 10X their money but not all of us can get in, I've tried to participate in many IEOS but all failed to get in coz I participate manually without using any bots.
so if you successfully participate in any IEO from
binance before lottery system,
LBANK, okex; zbg, Kucoin.......

please share with us your experience, how did you successfully participate did you use any bots?

If you don't have a tool to buy coins, you definitely won't be able to buy a token. I tried to buy VBK's token by hand, although I did it very quickly but still couldn't be as fast as the fraudster's tool.
I'm quite upset about this and hope exchanges will have a solution for this. Lottery is also a good option for poor investors like us.

prtty2gal2

hero member

Activity: 1092

Merit: 523

The major thing you need is a very good web provider, preferably a 4g network because there will be millions of users visiting the site to make purchase at a time and not everyone would be able to make purchase because the token is limited and can be sold out at anytime, another you need to do is to be on the website very early, let's say if possible 2 hours before the sales begin so that you would know what is left is for you to make purchase immediately, make sure you fund your account on time so that you won't have problem with confirmation.

Pet240

jr. member

Activity: 486

Merit: 3

I know it is quite difficult to participate in the IEO of big exchanges, such as, Binance, Bittrex and the likes.
As a beginner and being my first time of participating in IEO, I would consider exchanges that are just coming up and that can be trusted. Exchanges such as BW.COM, Bitmax and the likes, are very good for such purpose.

MUG1WARA

full member

Activity: 1008

Merit: 101

I have never joined IEO but some of my friends have joined IEO and they say if not all IEOs will benefit and there are some friends I also say if you don't join IEO who have a small market

maianh09

full member

Activity: 672

Merit: 100

IEO is increasingly popular and becomes the investment trend of all people. But many IEO projects you can't join and buy them, so I think to choose other options. If you can not invest in it during the IEO period, please buy after the first trade.

rafi035

sr. member

Activity: 854

Merit: 250

The IEO is for me, I always follow IEO from large exchanges like Binance, Bittrex, and other exchanges, if the IEO is made a small exchange then I don't participate.

Topic: HOW to successfuly participate in an IEO? Initial exchange offering (Read 596 times)