There is an adage that says "if we all knew the outcome of investment then we would all be very rich".
It amazes me when I see investors complaining that the price of a project token dropped after listing and they go on to label the project as scam.
The fact is that they have forgotten the risk part of investment, you can't just expect everything to just come out 100% safe without risk. The price drop is the risky part of it, and you have to be willing to cope with that, support the team and wait for them to turn things around. Remember that it is not a ponzi scheme where your money magically increases over night. Patience is key
Can you please name at least 5 tokens/ICOs where people have made profit after 1 year of holding? If yes, I would love to know those name! We had thousands of ICOs since 2017 so please let me know at least 5 names!
We all understand the risks of investment. But when over 99% of the projects fail in a certain market, it's good to term it as a scam market! At least we will be able to save some innocent people from being duped!
I am not saying that every ICO project is a scam! Probably they have some really great developers, but certainly no one turned out to be a marketing expert! So even after having great products, a lot of projects fail to pick up! And we are no angel investors with billions of dollars waiting to be distributed!
I am sorry if I am sounding negative but I have millions of dead tokens in my accounts which has no/little value in the market.