ICO with proven business or ICO that start from zero? You pick! - page 7.

moses_dw

newbie

Activity: 49

Merit: 0

Quote from: hkdfgkdf on March 22, 2018, 11:57:09 PM

Of course you must go with an ICO with proven business, at least it has something that they already showed to the community. Unlike in an ICO that will start from scratch, there's no assurance of success even though you believe in it. But if you are really eager to support that ICO, it's up to you if you will invest, just study and research carefully before taking the risk.

The trend is so strong, everyone who just entered to this crypto world will have the perception that joining ICO & buy the token at that time will bring lots of profit while in fact, the risk is so high. What if the token is not listed on the exchange. That will be a dead investment.

But those who have stayed in the industry long enough, have a proven business, they got connections and will make sure that the project successful or at least not a total failure or scam.

Daisy@Xender

newbie

Activity: 3

Merit: 0

In most of the cases, ICO which starts from 0 is more likely to grow into a PR oriented project. You can see the concepts and blueprint everywhere with celebrities' endorsement, but the only thing you can never see is the actual product. Tongue

WalkerIVIV

hero member

Activity: 2436

Merit: 503

Cryptocasino.com

Quote from: moses_dw on March 22, 2018, 09:47:27 PM

Hello fellow community members,

Recently I saw lots of people announcing new altcoins. They're planning to launch ICO soon. But I was wondering if we should invest in ICO with proven business which will reduce the risk of our investment or go big with ICO project that we believe in but it starts from zero?

The trend of ICO is everywhere and lots of SCAMS is happening. Therefore, viewing ICO from risk management perspective is also important. What do you guys think?

"Price is what you pay. Value is what you get." - Warren Buffett

I will prefer to go to the project that has proven business rather than an ico that was starting from zero and i guess what? It can encourage the more investors to joined in the ico rather than ico with zero value.
With a working business and that can attract the more investors. At the same time that gives the more guarantee for us.

That proves if the developer is very competence to runs an ico because they are successfully building a bussines.

hkdfgkdf

full member

Activity: 337

Merit: 195

Graphics/Signature Designer https://bit.ly/2Q1AOrY

Of course you must go with an ICO with proven business, at least it has something that they already showed to the community. Unlike in an ICO that will start from scratch, there's no assurance of success even though you believe in it. But if you are really eager to support that ICO, it's up to you if you will invest, just study and research carefully before taking the risk.

colvis

full member

Activity: 378

Merit: 101

for me if i want to invest in any ICO i will choose to invest in that one which have already started something before and is already being known because such ICO is always bound to success.. it will be very hard before you they will fail in their project they will do all their possible best to keep the name of the existing project so by so doing it will yield us the investors a good return.

shuijun

newbie

Activity: 12

Merit: 0

At present, many ICOs come for money. The project has no real progress at all. Good projects are always scarce, and many are bad projects.

ziyush

member

Activity: 406

Merit: 76

Crypto Lovers

Read this to Find how you can track scam and fake icos, yes its very risky and no one knows what will happen after icos, whether they will work on there idea or not. people who generally introduce ico are non-techie and expert in marketing.

so you need to see team as well please read below article for more details

https://coinpricetoday.com/crypto/find-fake-token-ico/

cryptosifu

sr. member

Activity: 378

Merit: 251

It is safer to invest in an ICO with a product but it's the ones that start from zero that gives you the huge returns on investment. They may start at zero but if they meet every step in their roadmap, the price will usually rise at every step.

uwr

newbie

Activity: 42

Merit: 0

For sure previous experience is a great indicator of success.

For example telegram ICO, Durov is great humble guy and can be trusted and absolutely will achieve great succsess,
BUT if majority of investors will fund this ICO, will it be very profitable?

On other hand i will give an example of our ICO - UNIFY World Revolution, which is total oposite.
Its not bussines targeted, team is fully anonimous, and success percantage is a random number between 0 and 100
BUT investment of 100$ can turn into milions.

So it all gets back to the idea, if you like the product you should invest in it

Ulanisohon

newbie

Activity: 182

Merit: 0

In my opinion, the previous experience and success of the team are essential when choosing ICO for investment.

Of course, sometimes a very strong and successful team is formed on an "empty" place. However, investments in such projects still involve more significant risks than investments in a project or a team with a history.

As for ready-made existing businesses that attract additional funds through ICO, in my opinion, this is a more reliable investment than in a young start-up. But in doing so, it is also often a less profitable investment. At least in the short term.

moses_dw

newbie

Activity: 49

Merit: 0

Quote from: uwr on March 22, 2018, 09:53:59 PM

ICO with existant product is better ofcoarse, But there are many ambitious projects that just cant afford to create a product without fundings, and its very important to support such projects even with little investment!

Agree, therefore the people behind the project is also important. Those people with the proven business model have gone through a hard time and that's what makes them successful, especially when they cannot get funding as easy as launching ICO. Don't you think?

uwr

newbie

Activity: 42

Merit: 0

ICO with existant product is better ofcoarse, But there are many ambitious projects that just cant afford to create a product without fundings, and its very important to support such projects even with little investment!

moses_dw

newbie

Activity: 49

Merit: 0

Hello fellow community members,

Recently I saw lots of people announcing new altcoins. They're planning to launch ICO soon. But I was wondering if we should invest in ICO with proven business which will reduce the risk of our investment or go big with ICO project that we believe in but it starts from zero?

The trend of ICO is everywhere and lots of SCAMS is happening. Therefore, viewing ICO from risk management perspective is also important. What do you guys think?

"Price is what you pay. Value is what you get." - Warren Buffett

Topic: ICO with proven business or ICO that start from zero? You pick! - page 7. (Read 773 times)