ICO is Useless - page 2. | Bitcointalksearch.org

Gotomoon

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Quote from: Kang TB on October 24, 2017, 08:29:28 PM

do some research first before you invest your money on ICO
read carefully the whitepaper and roadmap also don't forget to check their team background, is that real man or just a pict

There are some ICO's that are legit and needed to verify the project. So before investing check the roadmap, team's marketing strategy to be able the ICO to become successful. Thus, not all ICo are useless these days.

suncokreten

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That's what happens when you invest in an ICO that raises $40m, you can't really expect it to trade over ICO price based on idea. It might trade over ICO price in 2 years, but come on, no ICO needs $40m to develop their product.

Kang TB

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Revolutionizing Reward Points

do some research first before you invest your money on ICO
read carefully the whitepaper and roadmap also don't forget to check their team background, is that real man or just a pict

Invester

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Activity: 646

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PNNV.COM Live bitcoin price monitor

Quote from: iamteody on October 24, 2017, 07:16:06 PM

Initial Coin Offering is useless now a day. They meant to dump after it was release. Very useless buying at ICO stage.

Try to step up your background checking skills before joining any ICO. That is your very important job as an investor. You will end up whining and crying and blaming ICO in general if you fail to do this. Legitimate ICOs will not dump after the release. In fact, some projects offering their tokens through ICO will not give the tokens right away so that there will be no dumping after the release. Legit projects will carefully protect the value of their tokens or coins.

Swinging Phallus

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I agree to an extent, Most ICOs (let's say around 85%) are just sophisticated dumps. I know of three that are already in the top 100 that are obvious scams. That's the risk of crypto though, with the massive gains that can be made in ICOs - there are losses. I've been a victim to them and I'm sure many others have to. There are gems, you just need to find them. Just stray far away to anything that signals even one red flag.

Coenlogan

newbie

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Quote from: iamteody on October 24, 2017, 07:16:06 PM

Initial Coin Offering is useless now a day. They meant to dump after it was release. Very useless buying at ICO stage.

How is a company supposed to reach their goals without funding and crowd support - the whole point of an ICO is to fund a great new idea and in return this idea will give the investors $$$

Davidbugs2

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I agree, most people who participate in ICOs dump them very quickly, they just see it an opertunity to earn faster. nothing good though.

gbosah

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ICOs need regulation cos most of them are just there to scam people. Is just few of them that implement their promises, but i don't want government to regulate it.

Didin

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Quote from: Mang Li on October 24, 2017, 07:29:03 PM

thats called a risk, but not all ico project being useless, some times we need to hold the coin or token for long term
depending on the roadmap and team development on that project

yes, invested only money that you can afford to loose
1st principle on investments,, but i agree with you that some project will be good for long term hold

Mang Li

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thats called a risk, but not all ico project being useless, some times we need to hold the coin or token for long term
depending on the roadmap and team development on that project

jack19123

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It's not hard to find ico's that wont go under ICO price after exchange

777asianinvasian

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🌟 MIRA ICO 🌟

Agreed ICOs got way too greedy and now I wouldnt be surprised if they fail more often in the future.

iamteody

newbie

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Initial Coin Offering is useless now a day. They meant to dump after it was release. Very useless buying at ICO stage.

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