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Topic: ICO makes me sick - page 19. (Read 18838 times)

hero member
Activity: 2366
Merit: 504
March 12, 2019, 03:21:41 AM
It's better before you join the ICO project to examine from various aspects. Maybe the right time is that in 2017 many ICO have succeeded. But that compared to the conditions in 2018, of course, decreased. And in my opinion, this doesn't need to be a problem and a valuable lesson for us. I am sure if there are still many good ICOs and can be successful.
2017 was a perfect year with a bull trend that caused high prices for a long time. Problem is there are no enough arguments that can make possible ICOs to succeed.
There was a lot of arguments to prove it and have you seen binance launch pad system? it can be a strong evidence if ico still not yet died. Maybe OP was choosing a bad platform and that's is.
We have a lot of promising icos in this year.
member
Activity: 546
Merit: 21
March 12, 2019, 03:09:49 AM
ICO makes everyone sick ,99% of ICO are just waste of time ,its better to spend enough time on a ICO before making up your mind whether to invest or not
hero member
Activity: 1358
Merit: 509
March 12, 2019, 03:04:06 AM
It's better before you join the ICO project to examine from various aspects. Maybe the right time is that in 2017 many ICO have succeeded. But that compared to the conditions in 2018, of course, decreased. And in my opinion, this doesn't need to be a problem and a valuable lesson for us. I am sure if there are still many good ICOs and can be successful.
2017 was a perfect year with a bull trend that caused high prices for a long time. Problem is there are no enough arguments that can make possible ICOs to succeed.
member
Activity: 574
Merit: 10
March 12, 2019, 03:01:43 AM
It's better before you join the ICO project to examine from various aspects. Maybe the right time is that in 2017 many ICO have succeeded. But that compared to the conditions in 2018, of course, decreased. And in my opinion, this doesn't need to be a problem and a valuable lesson for us. I am sure if there are still many good ICOs and can be successful.
member
Activity: 476
Merit: 12
March 12, 2019, 02:53:46 AM
In year 2017 most ico project are legit and have a good product but last year theres a lot of ico that turn to scam this is one of reason why bounty hunters hate ico project but not all icos are turning to scam theres few project that have a real product sometime taking risk in joining ico make you to earn a good profit like what happen to binance launch pad the fet it good run from the start that bring a 3x return.
jr. member
Activity: 347
Merit: 1
Fun of WINBIX sales system winbix.io
March 12, 2019, 02:26:32 AM
Not all ico are scam you may just have to make your own research to find out the good ones but i think there icos that really made good sucesss most altcoin started as ico and look how far they moved just watch out
full member
Activity: 1120
Merit: 101
March 12, 2019, 02:14:10 AM
I agree to some of your ideas that when they started a project they should really have a capital for it but I guess there's also some cases that some of them are not really have that much when they need to do some big developments that need a lot of funds that more than what they have now.
I guess if the developer really serious with their project, certainly will not give up in the collection of the funds not maximum. most of ico aims to develop a platform that is more secure, than follow the ico who have products yet.
sr. member
Activity: 1274
Merit: 252
March 12, 2019, 02:09:48 AM
No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.
You don't need to do this, because there are many who already understand about ICO now, I personally choose to save my opinion on how the ICO's performance has declined, moreover there are still other ways or better investment places at the moment..
full member
Activity: 1498
Merit: 146
March 12, 2019, 01:50:06 AM
No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.
If you don't like the ICO kind of investment model then yu should buy crypto currencies and start making money from trading or holding,there is no need to invest on new projects if you want to make money.But you need to know that if a project want to get developed it needs enough funds or better drop it initially will save lot of time and effort for the team.
member
Activity: 630
Merit: 10
March 12, 2019, 01:40:03 AM
I agree to some of your ideas that when they started a project they should really have a capital for it but I guess there's also some cases that some of them are not really have that much when they need to do some big developments that need a lot of funds that more than what they have now.
member
Activity: 448
Merit: 10
March 12, 2019, 01:31:16 AM
It's just that the ico now facing down due to this bearish market situation. I think it's too risky now to invest on ico. And i think we just need to wait even for awhile now if the market is so friendly then it's time to get into ico projects to invest.
sr. member
Activity: 1974
Merit: 450
March 12, 2019, 01:20:01 AM
Recently scam projects have increased. Therefore, confidence in ICOs decreased. As you mentioned, many ICOs were canceled by saying I could not collect money. ICO managers should not destroy their projects so easily. However, a little money collects from the market immediately. Therefore, ICO projects need to be examined well. We shouldn't give the scammers a chance.
many people like it, but it's very difficult to know someone's heart, or purpose. sometimes they can just do a scam. however, this makes us really have to be careful when choosing ICO, before ICO makes you sick.
copper member
Activity: 191
Merit: 0
March 12, 2019, 01:14:22 AM
Recently scam projects have increased. Therefore, confidence in ICOs decreased. As you mentioned, many ICOs were canceled by saying I could not collect money. ICO managers should not destroy their projects so easily. However, a little money collects from the market immediately. Therefore, ICO projects need to be examined well. We shouldn't give the scammers a chance.
member
Activity: 504
Merit: 10
March 12, 2019, 01:11:47 AM
Ico also make me sick at this past day i always promote scam projects in ico bounty it can't avoid even the project was good and legit at lately it will getting scammed.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
March 06, 2019, 07:14:32 AM
Well, the OP can say all these negatives about ICOs now and be correct. This wasn't the case in 2017 when I first came in contact with the cryptocurrency industry. Then ICOs were the money spinners with good ROI. I am sure the good old days will return. But until then, I also share your sentiment OP to steer clear of ICOs.
member
Activity: 784
Merit: 10
March 06, 2019, 06:56:48 AM
Dont give up easily dude. You should just pause now what you're planning to invest. Not to give up right away and leave crypto business. It's just that the market now aren't so friendly that you cannot earn profit since this is bearish market.
full member
Activity: 490
Merit: 106
March 06, 2019, 06:51:31 AM
that's why ICOs with running product are better than ICOs that only give a promise. It's little bit hard to find them, but it's worth w8th the result. Second are ICOs that already backed by big companies or at least have agreement with them.
hero member
Activity: 2562
Merit: 577
March 06, 2019, 06:39:48 AM
ICO is somewhat another term for crowdfunding. So you really can't expect a lot in this kind of money-grabbing scheme. Very few projects are real. Just look for one that have collaboration with known companies. They have high chance of doing it right. But wait, you need to make sure also that their partnership is real! Bottomline, really hard to trust a project. Dig more, study more!

Exactly, better still - invest on already known and existing project that would be good long term, your profit may not be much but it will safe you the heartache you will suffer in the hands of fake ico's,  in other not to make a huge mistake by given money to scammers disguising as project owners, buying good token/coin that has potentials (i.e working product or backing of a product)  from exchange is always a wise decision, because nobody can tell what will be outcome of a project once the crowd-sale has ended and money in the hands of the team.
sr. member
Activity: 1988
Merit: 275
March 05, 2019, 05:28:36 PM
ICO is somewhat another term for crowdfunding. So you really can't expect a lot in this kind of money-grabbing scheme. Very few projects are real. Just look for one that have collaboration with known companies. They have high chance of doing it right. But wait, you need to make sure also that their partnership is real! Bottomline, really hard to trust a project. Dig more, study more!
jr. member
Activity: 552
Merit: 1
March 05, 2019, 05:13:20 PM
The Initail coin Offering of most project in this space currently is an avenue to take from gullible investors. The projects coming these days are only after what they will get and not concerned about the development of the project itself.  I urge us all to be careful and vwry vigilant on the type of ICOs we put our money into.
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