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.
Before talking about the ICO referred on this topic, We need to straighten out some understanding of the word of ICO.
The OP said ICOs are on CMC, Now we visit the list of ICOs on CMC. Then we will see various types of token sales there from old trends to current trends (ICO, IDO, IEO, ILO, Launchpool and so on). So what ICO means here (in CMC) is all types of token sales.
Participating in ICOs can be said to be very profitable and unprofitable, even very risky we could lose our money. it all depends on the project we are participating in, please do a reset before participating. don't join the ICO just because other people say and don't be greedy, use good money management.