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Topic: Reasons why i will invest in Crytpocurrencies and forget ICO's - page 3. (Read 1133 times)

sr. member
Activity: 938
Merit: 256
This is what i would advice,... Invest in cryptocurrencies listed on coin market cap and forget ICOs.
Reasons:
1. Coins listed on coin market cap are more reliable to invest in than coin yet to be listed on coin market cap/being offered during initial sales.
2. Lately most ICOs are scam.
3. Lately most ICOs do not reach their soft cap. Hence, chances are, you may either get you money back same or depreciated or loss it entirely
4. Coins listed on coin market cap have been listed on most trading sites. Hence, you get the chance to participate in any form of trading you desire.

Caution:
Before you invest in a particular coin listed on coin market cap
1. Take a careful look at the price graph of coins and decide which coin interest you
2. Read more about how to invest in your desired coin. the pros and cons.
3. Work your way out to make your first investment.

Before you invest in an ICO,
1. Gain indepth knowledge about every aspect of the Project
2. Ask yourself whether the Project is worth your investment?.
3. Ask yourself would other people have interest in the project?
4. Ask yourself whether, the project has greater chance of hitting it soft and hard cap during token sale?
5. Measure your level of suspicion of scam behind the project.

Remember: if soft cap is not achieved the project becomes unsuccessful, Hence your investment might be interrupted
                If soft cap and hard cap are achieved, probability of the team running away with your money is pretty high.
Therefore becareful the kinda ICOs you invest in

The above is entirely my opinion. Please share yours below if you agree or disagree

But you have to remember that altcoin you invested is ever to held an ICO past from now lol
For big profit you should invest on ICO and do a long hold, but also a bigger risk
newbie
Activity: 87
Merit: 0
In our current market climate, it doesn't make sense to invest in ICO's as most trade below ICO price once they hit the exchanges. If you want to buy the coin of a new project, you should see how it does a week after it comes out and save yourself some eth or btc.
full member
Activity: 406
Merit: 100
BAILOUT
While that's useful strategy considering current ICOs, some coins were extremely low at ico stage and they then never go down to such levels again, ico investment is good but needs lots of research.
sr. member
Activity: 602
Merit: 252
Ico's and cryptocurrency markets were the same. We don't know when the market is supportive and when it is out of the the growth track. With reputed cryptocurrency, that is with altcoins it is possible to predict the outcome to some extent. With ico's the growth prediction is impossible, if growth happens need to profit through it else just need to stay holding it.
newbie
Activity: 336
Merit: 0
Investing on ALTcoin is very a simple process, any one with idea about trend analysis and research can invest on ALTcoins but to invest on ICOs you need to have eye to identify a project with potential and great cause. But, ICO market is less volatile than ALTcoins. So both of them have their pros and cons.
jr. member
Activity: 157
Merit: 1
Alfa-Enzo:Introducing the First Global Smartmarket
Investing in crypto is more reliable way for it. The majority of ICOs couldn't be predicted and their success is under the question. I suppose that crypto is better at all.
member
Activity: 280
Merit: 15
Pool of Stake
You should actually understand better ICOs to make profit from them, you cannot just ignore that many of the do skyrocket to moon.
jr. member
Activity: 297
Merit: 1
As cryptocurrencies that are already listed in exchanges with a circulating supply it is more established and trusted by investors and traders alike, as compared to ICOs that even if the project is good there is still a chance that it will flop depending on many factors like price manipulation or lost of interest of investors.
full member
Activity: 294
Merit: 123
The World’s First Blockchain Core
That's right . Investing to some altcoins which have good techology will make you safer and more profit than ICOs at the moment . As you know altcoins such as XVG , KMD, IOTA, XLM... have stable technologies and exchanges for trading  but the ICO projecst have nothing and the investors only have the personal trust on them.
copper member
Activity: 224
Merit: 30
[REP] Augur
There is a high probability that in a fallen market it is more profitable to invest in altcoins, which is already traded on the stock exchange, and not in the ICO.
newbie
Activity: 182
Merit: 0
Yes i agree with you. I think before invest we have to gather proper knowledge. If you are able to answer all of the above question hopefully you will be succeed in your crypto market future.
newbie
Activity: 203
Merit: 0
I think if you invest in Bitcoin or Altcoin, it will be more profitable than ICO and I am doing it now. If you were investing in altcoin, they will use it to collect money through ICO. I like to invest altcoin beside ICO.
newbie
Activity: 252
Merit: 0
Sometimes, it is easier to invest in ALTcoins because of the track record or footprint available, you can easily predict or analyze the nature of it's growth or dip. However, ICOs are like pure gambles, no proven track record rather you have to invest based on your analyzation and faith. But, both can be profitable if invested with extensive research and information.
full member
Activity: 588
Merit: 100
Well, but you must also e very careful when selecting a coin to invest because that coin might be hyped or influenced to increase in price and you may be dumped on. Always make Bitcoin your first choice anyways. Also, though there are many unsuccessful ICOs and scam ones around, there are good ones as well and people have made money from that.
newbie
Activity: 144
Merit: 0
You might right but I think investing in ICO is also profitable in some cases. There is some problems in almost every sector but that doesn't mean that it will not succeed. But it's true that everyone must be cautious while investing in crypto market.
newbie
Activity: 56
Merit: 0
What you said in the discussion is really helpful for the initiators but should not completely deny ICOs. ICO has a real amount of opportunities though there are many chances of scam what everywhere in the world is. If you came to crypto-space to gain, you must consider the risks. You should be always cautious and always try to be updated with knowledge and act in the right time. Take decisions considering your own interest in it.
full member
Activity: 448
Merit: 100
I think while there are lots of reasons to invest in cryptocurrencies, there is no reason to invest in most tokens. I am not talking about pros and cons of investing in tokens there is really no reason! I only invest in tokens like oax as they care for decentralization.
member
Activity: 854
Merit: 10
Even while investing in a coin that has already been listed, one needs to do that carefully. I invested into a coin recently, well fortunately for me, i sold it when i realized i had got some profit. Just recently, i had to check back to see the progress of the coin. To my amazement, it has plunged and it's still struggling to rise. It has also been delisted from one of the exchanges.
Research is very essentially before investing into both ICO and coins already listed.
newbie
Activity: 238
Merit: 0
alt coins have some issues with policies, transparency and mining which is too vague, as well as unstable for investors looking for stability. In this case looking at the market for a new growth and analyzing it, the most consistently uprising was BTC. so now you know where to invest.
jr. member
Activity: 51
Merit: 13
ICOs as the name say, is the initial coin offering so you don't have knowledge of the crypto record that it has. I personally don't agree 100% with you point but I understand. In my opinion ICOs are good options but you have to do a obligatory research about their team, vision, where they are located, investors, public acceptance, etc. There Arévalo too many factors that involves a good ICO so don't throw all of it away just for a bad experience or just for a lazy research you did. Good investments comes with good research and a ton of work Smiley
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