ICO problems need to solve before its too late.

jerjer

full member

Activity: 392

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Money Token

Quote from: snapee11 on May 11, 2018, 12:58:35 AM

Almost all of these ICOs are just scamming people I believe and all of those investors might never invest again hence the downfall of crypto will begin.
But some coins we should just be patient in waiting because immediately after the ICO we can't really expect its total growth it takes time for the company to make profit with investor's money so that the price in market will have a positive impact for every coin holders.

|HAPPY HODLING!|

Agreed, but there are also some legit ICOs which are also same happened after the ICO as my first statement. I think its also because of the bounty hunters who are dumping their coins after the token distribution. But I am not sure if only bounty hunters can really dump the value more because many of the allocated tokens in the bounty campaign usually 1% of the total supply. I think its the devs are more dumping their coins to sell as many as they can.

snapee11

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Activity: 196

Merit: 1

Almost all of these ICOs are just scamming people I believe and all of those investors might never invest again hence the downfall of crypto will begin.
But some coins we should just be patient in waiting because immediately after the ICO we can't really expect its total growth it takes time for the company to make profit with investor's money so that the price in market will have a positive impact for every coin holders.

|HAPPY HODLING!|

jerjer

full member

Activity: 392

Merit: 105

Money Token

I observe that many ICOs nowadays experiencing, bargain their coins after the ICO when listed the exchange. During ICO, Lots of promising platforms offered to attract more investors and seems very effective. In fact, many ICOs reached the hard cap and the value of ICO tokens goes up very round because of the demand. The problem is, after the ICO, when listed on the exchange, the value fall down to 50% - 90% from its ICO value. So this means, even you will get a 100% additional bonus reward as an early investor in the pre-sale, you are still not in the good shape once it falls down 50% to 90%. For example, an ICO with 1$ value per coin with 100% +bonus during pre-sale, If you buy 100$, you will get 200 coins. But when listed on the exchange, many of them down to 50% or more worst to 90%. So your 200 coins will be valued 100$ or even 20$ . If they will not solve this problem, then who will invest in the ICOs when we can buy coins very cheap in the exchange?

Topic: ICO problems need to solve before its too late. (Read 106 times)