Topic: Never invest no product ICOs - page 17. (Read 6801 times)
For an ico, its always good for one to invest into projects that have real products as it guarantees confidence in the mind of every investor that this project is really ready and serious about their project. Their are quite some projects that does not have products but having a working product is a plus for every ico
I personally invest only in ICOs with working product. Competency is high in this industry and if team can't provide investors with MVP at least, does it have any chances to become number 1 in industry?
Such a suggestion is very useful for novices, novices really don't want to participate in ICO, at least now many ICO projects are not good, unless you have experience, don't try to invest in ICO.
Ironically, there's no other way to gain experience but to actually begin ICO investing.
Anyway, ICOs are indeed high risk compared to investing in tokens/projects that already have historical data for reference, but the rewards are very high in ICOs, could well even be the highest among all crypto investment options.The sad part, some ICO investors have quit or are waiting for better investment systems to avoid losing their funds. Speaking of good ICOs , I've been following MenloOne lately, a decentralized ICO listing platform where its CEO claims to have solved various issues that investors face in ICOs. link to their site &Whitepaper: https://www.menlo.one/
Good and success ICOs has a working product than to thus who has not, this is also the bases most of the investor to invest their money on ICO because they know that it is not a scam because of a visible projects.
surprisingly some of them don't care about product at all. they are interested in making money fast
You're correct. Putting resources into an organization without an item is a major hazard. Truly, there are effective organizations without an item, however there are not very many such organizations.
I completely support opinions that prohibit investing in projects that do not create anything at all and will not create anything, I'm sure there are such projects, so I support people who think like that.
it is true do not invest without any ICO products because it is most likely to lead to fraud.
Yes, now there are very few successful companies without a product. Most often, these companies are very quickly closed.
Good and success ICOs has a working product than to thus who has not, this is also the bases most of the investor to invest their money on ICO because they know that it is not a scam because of a visible projects.
I think for the time being most of the ico they launch don't move on the products they make or produce, but most of them sell systems to the altcoins they launch. and that I feel better than using a product.
I took an interest in the abundance organization of this task. Furthermore, shockingly I can affirm that - how much this is a trivial venture. Lamentably, now all ICO ventures are a Scam, so I don't encourage you to put resources into them, or if nothing else lead a full examination of the ICO in which you need to contribute.
yeah I agree to that because if you invest in a in no product ICO possible you might get scam or lose your money, especially nowadays that there are more scam ICO out there. So invest wisely, if you know that there's no product those ICO you invest then I recommend to you to dont continue to invest to it to avoid losing money and wasting of your time and effort. Or else make a research before you invest to it and study all the details about it.
I don't think so. ICOs are good for investing. The problem is the way you identify good ICO.
Everyone has different ideas and opinions. Money is in different people's pockets and has the right to make different choices. Ico is profitable, but it also has a lot of deception. If you can distinguish them, you can invest completely and get a lot of profits.
For me, projects without products do not deserve attention. The product is the heart of the project, this is why it exists at all. Without a product, there is no project.
I took an interest in the abundance organization of this task. Furthermore, shockingly I can affirm that - how much this is a trivial venture. Lamentably, now all ICO ventures are a Scam, so I don't encourage you to put resources into them, or if nothing else lead a full examination of the ICO in which you need to contribute.
The risk of investing in no product ICO is huge and a savvy investor should know how to minimize risk and maximize return and profit. The first thing I look for in an ICO is the possibility of an ICO developing a product or service in short to long term period!
It is very risky when we invest to no products ICO because its just like investing of nothing and probably this is a scam ICO in which the team are working without a products that makes people money and effort bubbles and rewardless. So never and never invest no products ICO to avoid great losses.
Icos are not so good aims for investments and it will be more profitble decision to but cryptocurrencies. I agree that they are not worth to be invested.
The risk of investing in no product ICO is huge and a savvy investor should know how to minimize risk and maximize return and profit. The first thing I look for in an ICO is the possibility of an ICO developing a product or service in short to long term period!
Such a suggestion is very useful for novices, novices really don't want to participate in ICO, at least now many ICO projects are not good, unless you have experience, don't try to invest in ICO.
I think there has to be a fine balance, never say never yet with the current trends and plethora of project it makes sense to see some evidence that the team has the capability to deliver what has been promised at least a test alpha of a product.
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