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Topic: Is it still a good idea to participate in ICOs? (Read 1962 times)

full member
Activity: 434
Merit: 105
September 24, 2018, 03:18:59 AM
With the number of scam and/or unsuccessful ICOs, do you still recommend investing in one or two? Why should or shouldn't I?

If you're asking in our advice, I say yes! Because I believed not all ICO now that certainly function are scam. You can Identify by your own which id reliable if you really want to invest in an ICO  projects. Through your experience in some failed moments like being scam or being failed in ICO investment, you can be wiser by choosing an ICO to invest.
full member
Activity: 476
Merit: 100
Yes, it's still but depends on your choice. The reason I say good because last year was the best. 2017 was the year where all the hype is on the maximum limit. Anybody did not care what ICO they chose, they just know that it will still be profitable in the end. But things change lately and now you really need to pick an exceptional ICO to get best results.
sr. member
Activity: 798
Merit: 251
there is an ico that is a scam doesn't mean there is no legit ico. there are still legit ico that can be followed. we must really understand ico which will be followed well because it will relate to the results that we will get.
full member
Activity: 1366
Merit: 107
SOL.BIOKRIPT.COM
With the number of scam and/or unsuccessful ICOs, do you still recommend investing in one or two? Why should or shouldn't I?
You need to understand that investing in  ICO  is a long term investment. Especially this time some ICO project are started at bear market so dump of price are expected once they are entered in the market. But if you truly believe,  that the project  will succeed just hold and wait for the market to recover. Do your own research first before invest to avoid scam ICO. Not all ICO's are scam some are Good and Legit.
member
Activity: 463
Merit: 11
SOL.BIOKRIPT.COM
If I am an investor, I prefer to stay away from it for now. I will invest on top and established coins like Ethereum and Ripple. I think those two are the hot coins for the month of September. Ethereum has shown that it can recover from the slumps. It is below $200 USD few weeks ago but it recovered. It is possible that it will go up $300 USD my the end of the month.
newbie
Activity: 104
Merit: 0
Not entirely a bad idea if you ask me. Quite a risky one yeah, but some of these ICOs are still very profitable, and it is only wise that you look out for these ones and invest in them. ICOs used to be really profitable and have not stopped being that, just that one cannot be too certain these days cos of the scams and shitty projects that we have littered around the place.
jr. member
Activity: 134
Merit: 1
Actually according to the article SciDex is creating a new contract that will be readable by human and machine, will be on the blockchain and can be used by normal businesses. And they are doing an ICO soon.
member
Activity: 196
Merit: 10
Participation in ICO is always a great option to earn a lot of money thanks to one profitable investment. But I do not think that it will be possible to earn forever on it, it is better to be engaged in such earnings soon
member
Activity: 756
Merit: 14
Few ICOs still Worth's the efforts ,many are fake and scam projects but if you can  do better research on the project before investing then that will limit choosing the wrong ones.there are still golden ICO I believe ,its one of the best ways to make good profits in cryptocurrency.
member
Activity: 532
Merit: 12
in my opinion, it is much safer to invest in ico now than six months ago! now a lot of unscrupulous projects are eliminated. and there will be more quality projects.
member
Activity: 142
Merit: 10
I'm most interested in the liquidity level, the potential level! And also, the minimum basic capitalization of a coin!
member
Activity: 255
Merit: 10
With the number of scam and/or unsuccessful ICOs, do you still recommend investing in one or two? Why should or shouldn't I?
For me ICO is one of the best ways to earn money fast enough while making a minimum of effort. I believe that soon it will end and therefore it is best to try to earn the highest capital in the next couple of years
newbie
Activity: 252
Merit: 0
I do not think ICO should be invested at the moment because of high risk. And quite a few ICO projects are unsuccessful and scam choosing a project to invest in is not easy. The value of tokens on the floor is often reduced considerably so you should consider the top altcoin to buy and take profits in the short term.
full member
Activity: 708
Merit: 103
Empowering crypto w/ sustainable energy
Of course, that it is still good investmens. It is something like stocks, or initial public offering which is very interesting for venture investors.
newbie
Activity: 36
Merit: 0
At this time should participate in bounty campaign don't invest for ICO. Bear market is still. Waiting for Bull run.
member
Activity: 280
Merit: 10
better Days Ahead...
In my own opinion, i think it's not yet a good time to invest in an ICO because the market is really down at the moment, the best time to invest in an ICO is during the market bull run.
jr. member
Activity: 840
Merit: 3
In my opinion I will say yes,  you can participate in ICO but make sure you do a diligent research about the project as well as the developing team of the project .  A lot of ICO are scam but there are still a  few good ones.
newbie
Activity: 308
Merit: 0
80% of ICO’s are scam, plus a bearish market , if we can see this current situation right now ,you need to choose wisely what kind of ICO that you want to invest in , find a project with real uses and have experienced team behind the project .
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
With the number of scam and/or unsuccessful ICOs, do you still recommend investing in one or two? Why should or shouldn't I?

I think there is still a chance, even though at this time it is increasingly difficult to get a profitable ico, or at least the price of the token will be equivalent to ico's price. But if we believe in a project, then we must have short-term and long-term goals, and remain optimistic even though the market is not in its best condition.
Yes of course it is still a good idea to participate in ICOs but not totally all are rest assured that you'd always get a profit that you've wishing for.  However even if sometimes it is critical to join in this campaign but still this can be a good way to join the campaign not even getting a profit but atleast you may get experience.
jr. member
Activity: 168
Merit: 1
There is no point in investing in the first project, or in the one that promises a lot, you need to understand the project first, and therefore invest in it!
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