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Topic: Is it possible to make good profits through ICOs? - page 4. (Read 933 times)

legendary
Activity: 3752
Merit: 1864
Today, the ICO has outlived its usefulness and is actually not used. But there are similar mechanisms for investing, for example daomaker.com (not considered advertising). This is one of the alternatives for a controlled and secure investment similar to an IKO. And if we talk about the classic ICO, its time ended somewhere at the end of 2018 / beginning of 2019. There was a loss of confidence in such a process, since a huge number of ICOs appeared on the market that were extremely fraudulent.
hero member
Activity: 3024
Merit: 745
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Only ICO im participating in is the ongoing NEOS VR (ncr) one.  Not a traditional ico though, more long term.
How can you be sure that those are long term? There's no assurance that those are for long term IMHO. Most ICOs that goes in the long term, they are losing more investors.
It is because everyone is dumping.
legendary
Activity: 2884
Merit: 1117
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It used to be very profitable to this by the way. I know many people are not understanding the point of ICO these days because it makes no sense at all in 2021, however back in late 2017 and early 2018 it was THE deal because so many people made so many profits. There was this guy I do not remember his name but it was something like goblin or something and he shared the ICO's he believed that could profit, he invested in them at the price he says available at the time so it wouldn't be fake, and then he shared the current price of the day as days gone by, so you know he was legit and that dude made a lot of money from it.

The ones that gone down would go down 50% at most, but the ones that go up would go up as much as 10x so he was making a big amount from it overall. ICO was the way to make money at the time but slowly it just became worse and worse.
hero member
Activity: 2856
Merit: 667
It was really possible to make a good profit through ICOs in the past. But for now, I'm not so sure about it. Because there are new kind of projects now (like DeFis etc.). People have started being interested in them more compared to ICOs. But of course it doesn't mean that there are zero good ICOs. Still, there are really good ones. You just need to do a very detailed research.
Yeah, to find reliable ICO projects this time is time-consuming or even we just waste time searching for nothing.
We have done good and bad with ICO's in the past. If we have a good deal in ICO's in the past, not for sure if it still the same as of today as we know that scam are sprouting and a lot of people become a victim.

Maybe it was time to forget them and look forward to the next chapter with NFT. But, we still need to be cautious with NFT's, because happens to ICO might be the same as a scam projects still exists.

In every platform that is hype, there's always a risk and it's always high.

Though ICO failed or lost its popularity, we can say it has also contributed to the market, ETH and BNB is a product of ICO and they are now leading the altcoins market, so it's not really bad to look for a good project, just don't generalized the platform as good and that you'll just invest blindly because of confidence.
sr. member
Activity: 2828
Merit: 344
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It was really possible to make a good profit through ICOs in the past. But for now, I'm not so sure about it. Because there are new kind of projects now (like DeFis etc.). People have started being interested in them more compared to ICOs. But of course it doesn't mean that there are zero good ICOs. Still, there are really good ones. You just need to do a very detailed research.
Yeah, to find reliable ICO projects this time is time-consuming or even we just waste time searching for nothing.
We have done good and bad with ICO's in the past. If we have a good deal in ICO's in the past, not for sure if it still the same as of today as we know that scam are sprouting and a lot of people become a victim.

Maybe it was time to forget them and look forward to the next chapter with NFT. But, we still need to be cautious with NFT's, because happens to ICO might be the same as a scam projects still exists.
hero member
Activity: 1302
Merit: 503
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.
- Wanting to participate in ICO is also quite difficult when recent years have been a purge with this option, ICO is not feasible in safety and in accordance with the wishes of investors, you have also announced the situation we can get from the ICO, if it's not a scam, it can also only list on bad exchanges and to sum up, no profit here. Trading with listed tokens is also sometimes less risky than this option, if we are passionate about investing, NFT market is also a modern system line on the market, quite a lot of updates and promising projects
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
Only ICO im participating in is the ongoing NEOS VR (ncr) one.  Not a traditional ico though, more long term.
hero member
Activity: 1764
Merit: 505
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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.

I couldn't believe that ICO these days would be effective in sense that there's a lot of uprising projects has more advantage compared from old ways. Let's just think about more potential outcomes instead of risking out for non developing projects. Let's embrace for another prospected alternatives, which soon make your profit goes even better instead of sticking to the old system.
hero member
Activity: 2030
Merit: 402
It was really possible to make a good profit through ICOs in the past. But for now, I'm not so sure about it. Because there are new kind of projects now (like DeFis etc.). People have started being interested in them more compared to ICOs. But of course it doesn't mean that there are zero good ICOs. Still, there are really good ones. You just need to do a very detailed research.
full member
Activity: 299
Merit: 100
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ICO today is not like in the past which can generate profit for every investor and I personally would never invest in ICO, better choose Long term investment or invest IEO on binance
I also think so, the ICO era is long gone,it ends in 2018. Since then, most of ICO projects were lost money, just few have made a profit. It's not worth the risk.
Although i am not quite sure ICO projects that OP says , but I still want to persuade OPs to invest his money in high marketcap coins, such as BTC, ETH or BNB.
newbie
Activity: 3
Merit: 0
I think that if you know how to manage and trade correctly you can really get a lot of benefit and profit from the money you are using.
full member
Activity: 560
Merit: 105
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.
Yes it is possible to make good profits through ICO's, but depends on the ICO that you want to be a part of. In the past years there are so many ICO's that have emerge and most of them are scams and many people loses their money investing in the projects. You must be aware first of the risk in investing in ICO's because most likely some are just scamming.
copper member
Activity: 2968
Merit: 575
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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.
I thought ICOs were dead now. Didn't the hype end already? Is ICO still a thing? Even if it is, I doubt it is profitable anymore like it used to be. Back then people made a lot of money through ICOs. When the hype ended, most of the people lost a lot of money. They knew they were going to lose, but still tried out their luck and now regrets.
Most of the ICOs are scam. They raise money and then makes an exit scam. Safelaunch sounds like scam project to me lol (probably because of safemoon haha).
If you are looking for "good profits" and not 10x 100x, then why not invest in top well known crypto currencies?
sr. member
Activity: 1876
Merit: 318
I never trust ICO anymore, the one and only ICO i join is Ubex.ai , its promising at beginning but its like a bullshit project which deny their own token.
They just crowdfunding us for their bussiness and have no plan to have any token implementation on their bussiness, now the token price keep decreasing.

I won't blame people who don't trust ICOs anymore, because it's a fact that many ICO projects are only for crowdfunding. Once the project owner
and team get the money they want, the project will be abandoned and the price of tokens will fall even more. But not all ICOs are like that, there are
some ICOs that are good and can be profitable for investors. Our job is to do research and analysis properly every time we participate in the ICO,
so we don't choose the wrong projects.
full member
Activity: 602
Merit: 105
I never trust ICO anymore, the one and only ICO i join is Ubex.ai , its promising at beginning but its like a bullshit project which deny their own token.
They just crowdfunding us for their bussiness and have no plan to have any token implementation on their bussiness, now the token price keep decreasing.
sr. member
Activity: 2030
Merit: 269
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's profitable but also high risk, ICO is unregulated the devs can run away with the funds and there's no agency or authority that can run after these developers if the ICO has potential in the market, you can make goods profit, especially if they are offering bonuses if you are interested in one ICO be sure you know who the developers are and they are truthful and transparent.
hero member
Activity: 2184
Merit: 798
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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.

These days, we no longer have ICOs, STOs and even IEOs are not so popular these days. Just Binance and FTX are doing some IEO projects every few months. Token sales in general are still a profitable venture but you have to understand that to benefit from it, you have to research and be lucky enough to get in on top token sales just like the ones being conducted on coinlist. The competition is usually high but once you're in, you're in for something good ~ Mina, Casper and others like FLOW gave good profits to everyone who invested in time.

You have to do more research work from your end and do enough to get a lot in those sales.
hero member
Activity: 1834
Merit: 879
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I think any ICOs that are showing up after the first wave have a 35% chance of succeeding because very few stay in line with their long-term plan as most projects exit the markets after collecting our money and disappear.

So honestly speaking good profits aren't easy to come by after the ICO boom as most never hit market cap or never even raise enough to have the funds to hit an exchange.
sr. member
Activity: 672
Merit: 253
Buy $BGL before it's too late!
ICOs maybe, but these days the real gain is with whitelists of ridiculous meme coins. Just get whitelisted and buy with cap then sell after 30min-1h launch at worst x2 usually it makes x7-x10.
member
Activity: 447
Merit: 11
Koinomo
ICO today is not like in the past which can generate profit for every investor and I personally would never invest in ICO, better choose Long term investment or invest IEO on binance
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