Is it possible to make good profits through ICOs?

coin-investor

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Quote from: PercT4b on June 30, 2021, 05:20:14 AM

Hi there, I was looking at a couple of ICOs on CMC today (especially at Safelaunch) and it's been a while that I started to analyze the "results" of some previous ICOs like Centrifuge, Bytenext and other random coins.

I noticed that their ICO price was way lower even than the very first opening price, so I was wondering if it could be a good idea to regularly take part in these events, and, if an ICO allows me to freely manage the money I placed in it (for instance, immediately taking back my money if my profit target has been reached).

P.S: with "good profits" I don't mean bullshit like 10x, 100x and "to the moon", (obviously everyone has a different conception of "good profits"), but a decent amount of money that allows me to make an accumulation plan, would be great to see other people's experience.

ICO is not a good way to launch crowdfunding be sure you have done research on the potential of the project you are investing in, problem with ICO is it's being unregulated it all depends on trust and before you count your profit, which is way too early check their roadmap and their potential to get in the top exchanges in the market, no exchange no value, no liquidity and no profit for you.

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Quote from: PercT4b on June 30, 2021, 05:20:14 AM

Hi there, I was looking at a couple of ICOs on CMC today (especially at Safelaunch) and it's been a while that I started to analyze the "results" of some previous ICOs like Centrifuge, Bytenext and other random coins.

I noticed that their ICO price was way lower even than the very first opening price, so I was wondering if it could be a good idea to regularly take part in these events, and, if an ICO allows me to freely manage the money I placed in it (for instance, immediately taking back my money if my profit target has been reached).

P.S: with "good profits" I don't mean bullshit like 10x, 100x and "to the moon", (obviously everyone has a different conception of "good profits"), but a decent amount of money that allows me to make an accumulation plan, would be great to see other people's experience.

First of all, you should understand that there are a lot of scams nowadays. Developers can just raise money and then do a runner with them. So before investing you had better do careful research.
What comes to taking your money immediately after you see a good profit, it is not always possible. Sometimes it is a lock up that prevents people who buy on ICO from quick selling of tokens, as this way the price will drop very significantly, so everything depends on tokenomics.

sherenikaw

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If the ICO is good and safe, of course it will be profitable. But I think currently choosing a really good ICO is quite difficult, maybe because there is a lot of competition between ICOs and the results are not that great either. I am also still learning to choose a good ICO where each ICO offers its own advantages. I believe that there are still good ICOs nowadays but it is not as easy to find them as in 2017-2018 when there were still many good ICOs. But we must remain optimistic and vigilant to choose an ICO to invest in so that we can make a profit.

iged_war

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Quote from: cryptobrzy on August 15, 2021, 06:40:06 PM

It is very possible to make good profits from ICOs even in 2021, however a lot of research has to be done in order to invest in cryptocurrency successfully because the cryptocurrency market is so unpredictable and sometimes the most promising looking project turn out to be scam projects. Always do your own research into the team, token metrics and most importantly the target market for such cryptocurrency

personally i am prefer invest in IDO or IEO, in ICO honestly i am still affraid if send my money to developers team directlY. As we know many ICO project run with investors money, and its should be best experience for us . Hype in IDO also better than ICO, no one talking about ICO now and i think it is over now.

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It is very possible to make good profits from ICOs even in 2021, however a lot of research has to be done in order to invest in cryptocurrency successfully because the cryptocurrency market is so unpredictable and sometimes the most promising looking project turn out to be scam projects. Always do your own research into the team, token metrics and most importantly the target market for such cryptocurrency

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So anyway, I applied as a merit source :)

Quote from: domoy77 on July 09, 2021, 09:41:48 AM

Yes, that's true, because every project has a different roadmap so there are those for the long term and there are also those for the short term, where everyone has to be more patient if they follow a project with a long term concept.

You still believe everything an ICO team tells you? It is called snowballing and it is about time that you woke up from the bubble and started pulling out investments and putting them somewhere more reasonable like bitcoin.

I have seen project start out in 2017 and four years have passed in case you have been keeping note and only a couple of them have actually been able to set up any ground, most of them bankrupt after the bear run and some had hostile takeovers while even more ended up a scams and the owners vanished into thin air without any justice.

A simple logic can explain all this : mainstream companies cannot be given any sort of competition by niche companies. The former will smash away the second one laughing at their face. So be wise and put your money in bitcoin and traditional fiat markets. Say no to Altcoins!

accounting 181293

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no, people have left this way. they prefer the safer way. no more ICO investments yielding good ROI. It's hard to find decent projects these days, because the average project released today is pretty bad. no innovation, all plagiarism from existing projects. if we can't rate the project good or bad, it's better to buy btc or ethereum. this is a safe way to profit from the crypto market.

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Quote from: gurunanakji777 on July 15, 2021, 12:37:03 PM

Yes, there are several ICOs that gives good profit to their early buyers with good bonus but the majority of the ICOs are not good to buy

Looks like, presale is referred and it's true that presale investors are gaining huge profits because of the bull season as most projects which are doing fund rising on any IDO platforms are doing great. Many users became millionaires because of the current hype of IDO which is just slight different from ICO though. TBH, ICOs are now old and IDO's taking the place of it. Moreover, many projects tried to do scams when hype was going on, but investors were having the bad experience from the previous ICO trend, that's why scammers couldn't be successful in current bull season. Wink

gurunanakji777

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Yes, there are several ICOs that gives good profit to their early buyers with good bonus but the majority of the ICOs are not good to buy I would say it depends on the community strength. Generally, ICOs are profit-making in the bull run I can say as per my experience and I notice during bearish market ICOs could not perform better when listed most of the time dumped hard. So ICO's success also depends on the market conditions also and we should also act according to the market conditions.

Orange89

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I think ICO is disappeared so nowdays people get aware their first concern is that their fund should be safe and in ICO fund security is not guaranteed their are many project that came and take benefit from community and then exit the market no doubt ico had given us good profit in the past 2017 but such project came first with solution So therefore i think that ICOs trend might be end

domoy77

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Quote from: deathcode on July 09, 2021, 08:59:01 AM

I think such a decline is reasonable. but not all ICO token holders will release it. some of them have long-term plans if indeed the project being supported has potential. because sometimes we can only see good projects develop after 1-2 years of them being developed.

Yes, that's true, because every project has a different roadmap so there are those for the long term and there are also those for the short term, where everyone has to be more patient if they follow a project with a long term concept.

deathcode

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Quote from: imamusma on July 09, 2021, 08:18:35 AM

Quote from: ?? on ??

Yes, it is always possible as long as you participate specially the real project. Avoid those project with malicious identity and not transparent. ICO token price might be high or lower after the schedule particularly during listing. Majority the token price raise but there are also token that decrease the value. Possible to make good profit but not always.

True, but most of what everyone has seen is the price drop after being listed on the exchange because many people prefer to sell it rather than hold it, this is a case that I see very often in new projects, although there are one or two projects that don't like it that.

I think such a decline is reasonable. but not all ICO token holders will release it. some of them have long-term plans if indeed the project being supported has potential. because sometimes we can only see good projects develop after 1-2 years of them being developed.

bogdalanadelrey

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ICO? do you still miss 2017? only IDOs, braza!

and i think that Deedy Digital is next one that will have a moonshot. really great potential.

imamusma

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Quote from: ?? on ??

Yes, it is always possible as long as you participate specially the real project. Avoid those project with malicious identity and not transparent. ICO token price might be high or lower after the schedule particularly during listing. Majority the token price raise but there are also token that decrease the value. Possible to make good profit but not always.

True, but most of what everyone has seen is the price drop after being listed on the exchange because many people prefer to sell it rather than hold it, this is a case that I see very often in new projects, although there are one or two projects that don't like it that.

Dread Pirate Roberts

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Quote from: chanler on July 09, 2021, 05:09:08 AM

Actually, if the project is really good, it will be very profitable where you can buy it at a low price and resell it at a high price. it all depends on the project,

If we talk about the ICO, I believe that the most supportive the project to become succesfull is the capital from the project, because there have been many examples of projects with good ideas and concepts and get many good responses, but they ended up failing and just being abandoned. while those some ICO are not clear with the purpose of project and have a lot of funds for promotion, collaborating with paying partners become successful, the capital from the project in my opinion is very determined.

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Quote from: chanler on July 09, 2021, 05:09:08 AM

Actually, if the project is really good, it will be very profitable where you can buy it at a low price and resell it at a high price. it all depends on the project, whether the project is a success or not. that makes it difficult because we have to really choose which projects are good to invest in. I think there are still some really good projects to follow, we can see from the team as well. investing in an ICO is indeed quite risky, therefore I advise you to be careful in choosing projects to invest in.

Timing is very important, if you are lucky to buy it from the pre-ICO price then the coin

managed to list in any exchange, your chance to collect good amount of compensation is

very high. Just a matter on how to select good project to invest your money. Most of the

time high risk is needed to take if you wanted to ride the right train.

chanler

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Actually, if the project is really good, it will be very profitable where you can buy it at a low price and resell it at a high price. it all depends on the project, whether the project is a success or not. that makes it difficult because we have to really choose which projects are good to invest in. I think there are still some really good projects to follow, we can see from the team as well. investing in an ICO is indeed quite risky, therefore I advise you to be careful in choosing projects to invest in.

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Quote from: ?? on ??

Not all Icos run as expected by investors [get big profits]. especially with the hope that if we buy at Ico we will benefit when the coin is registered. sometimes if we follow an Ico on a failed project [never listed on any exchange of coins they have] of course this is a lesson so that we are more selective when deciding to follow an Ico

ICO was not recommended again for cryptocurrency investors, we have another safer scheme to invest in crypto market. sometime ICO project run their investors money due there is no third parties that will be middle man. And now we have IEO in several popular exchanges, usually they have more better quality and also hype in market especially if launched at binance . most of them will success and gain multiple times.

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Quote from: PercT4b on June 30, 2021, 05:20:14 AM

I noticed that their ICO price was way lower even than the very first opening price, so I was wondering if it could be a good idea to regularly take part in these events, and, if an ICO allows me to freely manage the money I placed in it (for instance, immediately taking back my money if my profit target has been reached).

I have been seeing that situation for almost 3 years. ICO prices are higher than exchange rate prices. Although instantly we have opportunities to make some profit. For this case, I highly recommend top exchange IEO. Actually, the cryptocurrency market situation makes us take action. What I mean, ICO situation could be better in the near future..

pixie85

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It's possible if you get lucky but ICOs are a thing of the past now. You have more chance of getting profitable with defi than ICO at this point, so why take additional risk if you don't have to?

I'm all about safe and steady returns so when I buy altcoin projects I usually go after things that actually have an idea about what they want to achieve. The profits with such coins are usually lower but so is the risk. If I want to gamble I'll go to a casino.

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