Topic: This is not a ponzi scheme, Remember???????? - page 3. (Read 645 times)
And investors forget that investing in startups is a risky activity. Since 90% of real business closes the same year. So this applies to cryptocurrency. In fact, I understand why they complain. Because the team did not give the product that was announced. But please note that every cryptocurrency startup has secured itself. Most projects do not have an estimated price in the documents. Which means that they don’t promise anything and cannot legally attract them ...
Perhaps you need to do more analysis because, in today reality, we have witnessed many projects left by the developers. So what should we call them? Scammers or Ponzi schemes. The road map is not a guide; even patience is no longer an aid to turn things around.
These are people who want to get rich overnight and are lazy and unrealistic. They share the same mentality many "bounty hunters" do. They probably don't even know what the project is about.
What do people expect when they just throw money at a project? They should not give up. Maybe if the price drops it is a good thing and you just buy more?
What do people expect when they just throw money at a project? They should not give up. Maybe if the price drops it is a good thing and you just buy more?
Exactly. No risky Investment can earn people regular income especially in its early stage.
Besides, people shouldn't invest in what they do not properly understand. Lots of new books have attractive and beautiful covers but usless contents just as bad crypto projects. People should find time to read the contents of the projects, research what the developers claim their products can do, ask informed & honest Crypto users questions concerning the claim. Then you can decide whether the product is worth investing in or not.
You also have to consider how the owner plans to increase adoption or attract adequate users. This matter alot in Blockchain-based products.
Besides, people shouldn't invest in what they do not properly understand. Lots of new books have attractive and beautiful covers but usless contents just as bad crypto projects. People should find time to read the contents of the projects, research what the developers claim their products can do, ask informed & honest Crypto users questions concerning the claim. Then you can decide whether the product is worth investing in or not.
You also have to consider how the owner plans to increase adoption or attract adequate users. This matter alot in Blockchain-based products.
Patience is very important, without any questions and you always need to take the risks into consideration. But if the chances of taking part in a scam ICO are no less than 50 percent, it may cause a lot of problems.
I think something without risk is not an investment. Throughout the course of investment activities there is always a risk that will be present to follow. And I think, people who complain when prices go down are only discourses made.
You mean investing in ICO 1-2years ago right?
Mostly investors at the time were looking for quick profits and they forgot to choose a good one.
Indeed, we cannot say that the project is scam only from the price fell, but if the decline is 99% then many will agree to say it is a scam, because developer cannot hold the price of big decline or take anticipate things like this.
Being smart investors is important and don't always think when the trends is IEO then it must be followed, wisely to choose projects that are truly worth investing in.
Mostly investors at the time were looking for quick profits and they forgot to choose a good one.
Indeed, we cannot say that the project is scam only from the price fell, but if the decline is 99% then many will agree to say it is a scam, because developer cannot hold the price of big decline or take anticipate things like this.
Being smart investors is important and don't always think when the trends is IEO then it must be followed, wisely to choose projects that are truly worth investing in.
as i knew, developer work to develop the project, not to control the price from the project,
because price created by the market mate,,
correct me if i'am wrong
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
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
Of course, investors are patience they will only lose their patience if the developers are not doing anything, I will give you one example, Bitmillex, and Ironx both exchange just coming out of ICO, after their crowd sale and distributed the coin, they remain quiet, investors never hear from them, they refuse to give update, if you're an investor what would you do.
People are thinking that crypto is the easy money. This is the biggest mistake of crypto investor
I know that you are not in cryptocurrency for a long time otherwise you would have spoken differently.
We are fed up with new cryptocurrencies, that only promise a new best blockchain solution for everyday use to attract investors and that´s all.
We are fed up with new cryptocurrencies, that only promise a new best blockchain solution for everyday use to attract investors and that´s all.
yeah the price drop after listing on market it something normal on cryptocurrency, when Doing invest you should know if price drop or even being scam can happend to anyone. As long the project that you invest not scam you just need to support them and there is still chance the price will stable or normal
but is there any "good" ICOs out there that i don't know of? how do you define being good anyways?
I'm talking about the revenue not product and many investor gain profit with that WAVES, LISK, ICONOMI thisi only small list.
over the past couple of years if have witnessed at least a thousand different ICOs come and go and so far i have not even seen a single one that i could call "good".
of course i define good NOT by the profit they give you but by the PRODUCT they give you. and so far all tokens were used to raise funds, get pumped, and die. nothing else.
If the project indicator successful is to launch product, indeed many ICOs fail to implement their product, Investor need profits, not just product.of course i define good NOT by the profit they give you but by the PRODUCT they give you. and so far all tokens were used to raise funds, get pumped, and die. nothing else.
Every investor has a different opinion about the success of his investment but main thing is certain to provide profits, and how can we say that the product of the project is good if the price of the token is inversely proportional.
Not only the risk they should take into consideration but also realize that bitcoin (and any other crypto) wasn't created so they could get rich, that is not the purpose of this at all.
We are talking about a currency and that currency was suppose to be used not something that makes you rich, do you buy dollars to get rich? Unless you are some forex trader then you didn't, that is why I feel like people are misunderstanding what bitcoin is and try to just buy bitcoin and wait and sell it and suddenly they are rich, sure there is that option that you can do but that wasn't the initial purpose of it.
If people just realize that and started using bitcoin instead of holding it, then there would be much more bitcoin going around in the economy which would increase the price anyway.
We are talking about a currency and that currency was suppose to be used not something that makes you rich, do you buy dollars to get rich? Unless you are some forex trader then you didn't, that is why I feel like people are misunderstanding what bitcoin is and try to just buy bitcoin and wait and sell it and suddenly they are rich, sure there is that option that you can do but that wasn't the initial purpose of it.
If people just realize that and started using bitcoin instead of holding it, then there would be much more bitcoin going around in the economy which would increase the price anyway.
About the price drop is not all investor fault if they complain about it, the team and developer fail to keep and stabilize the price. Also for some case the team it self that droping their coin/token to make the price drop.
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
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
Investors do not expect that the price will be ten times higher of their purchase, they just want developers to update them on the development of the platform and the continuation of the roadmap, they've got the money it's time for these developers to show what they have been doing with the money, the price will eventually recover if others investors see that there are progress in the projects.
Of course it is, investments are always a risk and participation in ICOs and IEOs are participation in investments, and not in a ponzi scheme. Of course, every investor would like to make a profit quickly and a lot, but no one should cancel the risk factor. However, we are talking about the likelihood of a risk of losing funds, and apparently we need to say that almost every project now shows negative dynamics, which means that most projects now have a risk of losing money. This is already a bad trend that discourages investors and casts doubt on the ICO and IEO market.
This is true even in today's society. People are becoming more and more "impatient". What I mean by that is that people decides too fast instead of doing the proper procedure and they expect too much from it which mostly the reason why they loss so much.
Maybe if the price drops so much, there must be something fishy to it. To be fair, they have the right to call a project a scam if they truly provides evidences to it.
Maybe if the price drops so much, there must be something fishy to it. To be fair, they have the right to call a project a scam if they truly provides evidences to it.
the question is, why people should buy on ICO if the price drops so deep after listing? easier to buy during a fall in price. but in this case, people will not invest in ICOs and projects will never be successful. Paradox
You mean investing in ICO 1-2years ago right?
Mostly investors at the time were looking for quick profits and they forgot to choose a good one.
Mostly investors at the time were looking for quick profits and they forgot to choose a good one.
but is there any "good" ICOs out there that i don't know of? how do you define being good anyways?
over the past couple of years if have witnessed at least a thousand different ICOs come and go and so far i have not even seen a single one that i could call "good".
of course i define good NOT by the profit they give you but by the PRODUCT they give you. and so far all tokens were used to raise funds, get pumped, and die. nothing else.
You mean investing in ICO 1-2years ago right?
Mostly investors at the time were looking for quick profits and they forgot to choose a good one.
Indeed, we cannot say that the project is scam only from the price fell, but if the decline is 99% then many will agree to say it is a scam, because developer cannot hold the price of big decline or take anticipate things like this.
Being smart investors is important and don't always think when the trends is IEO then it must be followed, wisely to choose projects that are truly worth investing in.
Mostly investors at the time were looking for quick profits and they forgot to choose a good one.
Indeed, we cannot say that the project is scam only from the price fell, but if the decline is 99% then many will agree to say it is a scam, because developer cannot hold the price of big decline or take anticipate things like this.
Being smart investors is important and don't always think when the trends is IEO then it must be followed, wisely to choose projects that are truly worth investing in.
Jump to: