Is it possible to make good profits through ICOs? - page 3.

sana54210

legendary

Activity: 3290

Merit: 1128

Another Bull run will come. It is all about doing research in Alt projects right now. Only invest what you can lose but big gains are till possible. But yes, stack up in the projects you already like and are invested in when you can.
Black Eye Galaxy is a project I am excited for. But only investing in what I can lose.
Black Eye Galaxy is a decentralized NFT token. Players buy planets, starships and space stations. All as NFTs. Each planet will have it's own resources which can then be mined by staking.

That is exactly what I am doing right now. People who think that we will never see increased prices are minority, we all know the price will go up. However there are some people think that the price will fall even more and they can gain a lot more profit if they wait and buy at even lower prices.

I do not see that as a strategy in my opinion, I just like to invest more and more into things I already have, I saved up a good amount of coins aside nowadays and hopefully when the next bull run comes I am going to be able to actually have a good capital, it is still nowhere near enough for most people but I am fine with having a good capital to start something after that. I am planning my future 3-4 bull runs before, make profit on first, get out at right time, get in at next and do this 3-4 times more and you will have enough money to call yourself rich.

Bitstar_coin

hero member

Activity: 2408

Merit: 693

SecureShift.io | Crypto-Exchange

It is possible although the chances are slim compare to before, for you to be able to make good profit from ico you must ensure that project is high quality with lots of hype surrounding it, people are still making profit from taken sale depending of the strategy the team use to conduct the sale, and also the time at which the same was launched, I know some sale can be very successful regardless of whether bull or bear market, such projects are very highly rated and outstanding, they are not very common hence you need to do thorough research to fish them out. Also don't forget that many ico's only result to failure, so don't get carried away.

Wong Gendheng

sr. member

Activity: 1428

Merit: 252

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.

the first thing we have to understand in crypto investment is to be prepared to lose, of course we try our best to analyze the project that we will participate in, crypto is different from other types of investments such as gold or stocks, here our money is like a roller coaster. I've participated in several ICOs and got 10x profit in 3 months, and also lost 90% in 2 months.

carrigan

member

Activity: 728

Merit: 12

Quote from: panjay on July 03, 2021, 12:32:03 PM

If you get some allocation on ICO's gets ready with a dump

It happens not only in ICOs, the dump after official launching or release on the market also happens in IEOs, ITOs, or IDOs. It is something difficult to avoid, so depends on how the team of the project can choose the right way to minimize the dump on the market. Just choose buying new tokens from a project with a good strategy in managing their token values.

Quote from: reza7777 on July 03, 2021, 06:21:42 PM

In 2021 you are still talking about ICOs Huh

There is no problem talking about ICOs. He may be still curious about the potential of ICOs nowadays. So, he wants to get some suggestions or opinions from members of this forum.

Slow death

legendary

Activity: 3136

Merit: 1122

Leading Crypto Sports Betting & Casino Platform

this is no longer the time to invest in ICOs, so many people have realized the disaster that ICOs have caused, now they are in the new fashion: NFT

in my honest opinion, I prefer to invest money in bitcoin because it is safer, if you want to invest in altcoins you can invest in ETH, BNB, LTC which are altcoins that have dropped a lot in price compared to bitcoin but if they rise again they guaranteed you profit 4X easily

Quote from: reza7777 on July 03, 2021, 06:21:42 PM

In 2021 you are still talking about ICOs Huh

remember that the ICO storm has passed and is no longer a conversation with investors, many ICOs end up being scams and that's what makes ICOs so scary. maybe out of 100 ICOs only 2 or 3 projects can really bring you profit

I even doubt that out of 100 ICOs there is something that is profitable and does not become a scam

SlimShadyMmp

full member

Activity: 1470

Merit: 103

COMBO 2.0

Try maybe get into private sales or if you are lucky with counlist or polkastarter public sales then congrats It's normally a 3X to 5X thing most time so basically is a huge profit

reza7777

sr. member

Activity: 1414

Merit: 255

In 2021 you are still talking about ICOs Huh

remember that the ICO storm has passed and is no longer a conversation with investors, many ICOs end up being scams and that's what makes ICOs so scary. maybe out of 100 ICOs only 2 or 3 projects can really bring you profit

tvplus006

legendary

Activity: 2268

Merit: 1655

To the Moon

Quote from: leatutz on July 03, 2021, 12:25:15 PM

We can also divide the bullrun season. We can't trust the new ICO even though I'm not confident to suggest any ICO. Recently I followed so many good ICO those were listed CMC before completing their ICO. Even though the ICO price crashed below ICO. We can buy those coins at a low price from some good exchange. IEO situations must be different, especially Binance or top exchange IEO.

After the bull run was stopped, many projects no longer give such a large profit to their investors after TGE, which was previously estimated by thousands of percent from the price of the private and seed round. Thus, the price after TGE for many coins is lower than on the public round, which gives a good opportunity for investment. And if you believe that the bull run will continue, you need to take this opportunity to buy coins at a low price.

panjay

sr. member

Activity: 1079

Merit: 352

meh..not good anymore..

everything will pump in bull market.

If you get some allocation on ICO's gets ready with a dump on release by vc/seed fund who got 10-100x entry from your public allocation.

leatutz

full member

Activity: 523

Merit: 100

Quote from: ?? on ??

Last one year not participated on ICO project because many scam ICO coin right now, better I trade and buy coin have listing on exchange, this not very risk because have any exchange listed coin and we can know when coin have pump or dump. But with ICO we got much profit more than 100% depend success for listing great exchange, but when listing on shit exchange have ready to loss much.

We can also divide the bullrun season. We can't trust the new ICO even though I'm not confident to suggest any ICO. Recently I followed so many good ICO those were listed CMC before completing their ICO. Even though the ICO price crashed below ICO. We can buy those coins at a low price from some good exchange. IEO situations must be different, especially Binance or top exchange IEO.

sapnu

sr. member

Activity: 1050

Merit: 286

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.

It depends on the ICO if ever it becomes successful but ICOs are not that profitable anymore unlike how it was before. Due to the sudden emergence of scams on ICOs, many people started losing interest on working in such. Now, there are a lot of ways on how you can be profitable in crypto but ICOs are not on the top list anymore. Even though the hype and the relevance of ICOs are long gone, scammers are still everywhere and considering that there are just a few number of ICOs right now, scammers are much more evident than before so I would advise you find new ways cause ICOs are not effective anymore in making profits.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: onecall123 on July 03, 2021, 11:04:55 AM

Quote from: Cling18 on July 03, 2021, 09:03:21 AM

I don't think ICO's these days are still profitable. As for me, the ICO's that we have these days are too different from the ICOs that we had last 2017. There are lots of ICO's that fail these days and some of them are scams. Most investors prefer investing with well-established coins rather than joining ICOs.

yup, ICOs hype almost over and not as popular money making system as before 2017. Not to say all ICOs are scams, but most of them definitely has a red flag. So, Things like before launch a ICO in order to fund their startup is not working out. Investors become more smart, they want sure profits and safety.

Investors learned from those past experiences where scammers runaway with their money,

ICO's is no longer effective as supporters are very less though there are some who still in hope that they'll get some decent profits if
the project run smoothly and able to list inside decent exchange, but the popularity is not that huge anymore and like what you just said, investors are finding some safe investment with more lesser chance of getting scammed.

onecall123

sr. member

Activity: 2156

Merit: 323

Quote from: Cling18 on July 03, 2021, 09:03:21 AM

I don't think ICO's these days are still profitable. As for me, the ICO's that we have these days are too different from the ICOs that we had last 2017. There are lots of ICO's that fail these days and some of them are scams. Most investors prefer investing with well-established coins rather than joining ICOs.

yup, ICOs hype almost over and not as popular money making system as before 2017. Not to say all ICOs are scams, but most of them definitely has a red flag. So, Things like before launch a ICO in order to fund their startup is not working out. Investors become more smart, they want sure profits and safety.

pinoycash

hero member

Activity: 1316

Merit: 514

Quote from: iTradeChips on July 03, 2021, 09:18:38 AM

I do not have any idea how the ICO's work nowadays but I do remember that they are such a big hit in 2017 to mid-2018, even during the "crash" of 2018. Many people make good money then and I think many small time investors were able to pick good projects then because there are a lot of good projects during the period. But of course after that crash happened. Bitcoin weakened and less and less ICO happened. There maybe ICOs nowadays but I think they are only a few good ones.

Many developers are offering a ready made sites or ico website that makes it easier for scammers to run a fake ICO project. its hard to detect which one is legit and which one is just using its ICO to scam its investors.

iTradeChips

hero member

Activity: 1792

Merit: 536

Leading Crypto Sports Betting & Casino Platform

I do not have any idea how the ICO's work nowadays but I do remember that they are such a big hit in 2017 to mid-2018, even during the "crash" of 2018. Many people make good money then and I think many small time investors were able to pick good projects then because there are a lot of good projects during the period. But of course after that crash happened. Bitcoin weakened and less and less ICO happened. There maybe ICOs nowadays but I think they are only a few good ones.

Cling18

full member

Activity: 1708

Merit: 126

I don't think ICO's these days are still profitable. As for me, the ICO's that we have these days are too different from the ICOs that we had last 2017. There are lots of ICO's that fail these days and some of them are scams. Most investors prefer investing with well-established coins rather than joining ICOs.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

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

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.

If people could make even a decent 5x gains with ICO coins then every mainstream investor would have been talking about - dont you think so? Use you common sense here. Now its not that they dont know about it or some huge conspiracy that is keeping them out of it, No. They know it is a loss, and I will tell you why.

The ICO profitability depends on what price you bought it and when you sold it, just like any other asset. But what these coins lack is the inherent capability to generate a market in order keep the demand/supply ratio up. Hence the ones who go in at presale will sell as soon as the coin gets listed and then the coin will never go back up again. It will linger at -10x of its ICO price and go down with time only to be gradually abandoned by its team and owners.

Honestly your money would do better outcomes with bitcoin or traditional fiat markets, my honest opinion.

Dread Pirate Roberts

sr. member

Activity: 1512

Merit: 326

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

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.

Sometimes projects that we think are good and will be successful are not always what we imagine. dont talk about profit yet. some of ICO had no value at all . many people also lose with investments like this. do your own research about that ico before invest . they can promise you anything just dont trust anything they claim.

Ziskinberg

hero member

Activity: 2926

Merit: 636

Quote from: ?? on ??

ICO are not that active anymore though there are still good projects to look for but it's not like before, ICO are being left behind by many options created on a different network. If in doubt with ICO then try IEO, or IDO they are still doing good and some projects succeed even if we are down right now. I'm not investing on any pre-sale for now because it's a down market and usually most of them failed to raise funds, that's why it's too risky for ICO.

Apparently, there is a lot of new projects created nowadays. But it finds more challenging this time as most of them are just a scam thing, of course, we can still found reliable and legit projects but that we need time and effort searching them. That instead of spending more time and wasted, why not invest in those who have been proven potential and besides, these ICO's are also relying on the top coins like in Bitcoin.

It was time for OP to open his mind and forget about ICO, it makes no sense at all. It is done and we can never take it back, new ICO projects now are hopeless, we just lose our money with them.

kawetsriyanto

legendary

Activity: 2226

Merit: 1086

Free Bitcoins Every Hour!

Most new projects today didn't provide ICOs only, they usually have planned to have IEOs after the ICOs ended. Rarely ICOs can be successful nowadays because the interest of investors to join ICOs getting less and less. Investors know that ICOs are no longer the best way in initial token sales, also many projects failed if they only rely on ICOs. So, investors don't want to risk their money in ICOs.

You may be lucky in joining those ICOs, but I am not sure you can be successful in the next ICOs. Be careful to join ICOs, there are already many projects that died early because of relying on ICOs only.

Topic: Is it possible to make good profits through ICOs? - page 3. (Read 933 times)