Topic: Why do most people invest in wrong ICOs to lose money ? (Read 2434 times)
What all the investors expect from their investment is nothing but profit from the turn over of their investment capital and not loss. Why so many people end up invest their money in an ICO projects that will at the end of the day not succeed is that many of them didn't try to examine ICO's and just want to get quick 2x or more.
The only reason why almost people are investing in a wrong ico because many ICO are scam than legit and profitable ico,for me its time to look the new strategy in investing in deferent ico to avoid losing our money.
yap that's why the need for analysis when checking the background on the project we want. if we really want to participate in ico we should check on the website, whitepaper and roadmap
People invest in wrong ICOs because they are not aware of the market and are a bit (or nit a bit) greedy. They just want to invest and gain millions with doing nothing.
Such people did not research the market, did not research in details the ICO in which they invest.. It is important to research the ICO in details: the team, the idea, the perspectives. At least to know if this is scam or no.
The lack of such information leads to lose of money for investors and big winnings for ICO teams.
Such people did not research the market, did not research in details the ICO in which they invest.. It is important to research the ICO in details: the team, the idea, the perspectives. At least to know if this is scam or no.
The lack of such information leads to lose of money for investors and big winnings for ICO teams.
The only reason why almost people are investing in a wrong ico because many ICO are scam than legit and profitable ico,for me its time to look the new strategy in investing in deferent ico to avoid losing our money.
Lack of knowledge is the number one thing that always make them lose their money. Another thing is the fear of missing out which always drive people to go all in and thinking to theirselves that nothing could go wrong because everyone is on it.
I agree, most investors are not well educated in Cryptocurrency and the business investments itself. Some of them are just tricked by their virtual friends in social media and they're barely knowing each other. Some investors are just trying to get luck and believe themselves that in the future you're going to be rich through Cryptocurrency. But the most important thing is before investing, investors should choose wisely and check the core team itself if they're capable to run the project effectively.
Many times, novices can't tell which ones are good projects or bad ones, and ICO is inherently risky, so it's not surprising.
I agree, if you want to invest in Cryptocurrency just go straight to Bitcoin or on top Altcoins like Ethereum and Bitcoin Cash. That investment will never put your money into nothing. Clever investor are investing sure win projects and top coins have already proven that they're continuously increasing almost every day.
I find it e-logical to invest in a fail ICO, why would you want to lose money?!
You invest to gain profit from an ICO, not to lose money.
You invest to gain profit from an ICO, not to lose money.
Promising ICOs indeed difficult if you don't know how to search from internet but for me ICOs that's managed by higher rank members then above 50% probably that ICO isn't fake.
People are losing money because they want to be the first investor and early ICO investors will receive bonuses of tokens but that's really not the indication that an ICO isn't fake.
Choose wisely and invest less, it's better than falling your funds in the future.
Because most ICOs are useless and all they want is to collect investments and they'll gone out of the blue.
Fake ICOs can be easily spotted if you know hoe to search them from web and search each management team core if they have already successful previous career. If not, then you're investing a shit ICO.
Fake ICOs can be easily spotted if you know hoe to search them from web and search each management team core if they have already successful previous career. If not, then you're investing a shit ICO.
Why do people invest in wrong ICO? Because they fail to learn the basic principle guiding ICO offering! ICO must have a product or service that is work able, realistic and has potential for profit! You must not buy ICO based on hyped otherwise yoy may evn lose the roof over your head!
I don't think people invest in ICO's in order to lose money. Nobody wants to lose any of their money. It's just that the ICO that they have chosen to invest on doesn't have any clear goal, roadmap and knowledgeable members. There are several factors that affects the success of an ICO. Every investment is a risk and every ICO has a possibility of becoming a scam when not manage properly. They didn't invest in wrong ICO's to lose money, rather, they lost their money because they invested in wrong ICO's.
I find it e-logical to invest in a fail ICO, why would you want to lose money?!
You invest to gain profit from an ICO, not to lose money.
You invest to gain profit from an ICO, not to lose money.
a lot of people invest in wrong ico because they are not patient enough for the stability of the bubbles, some ICO are over hyped than they can deliver, even though they are presumed to have high target but they are such incapacitated to meet up and may not even bring people to realise such early enough, more so, its not all hyped profile ICO that has the TEAM WORK as strong enough for their goal.
They are blinded by the sweet talks,most of the investors dont want to do serious researching before investing and they will end up crying.
I agree. Most people do not investigate the project, but simply trust beautiful stories about it. Experienced investors carefully study all information about the project and try to invest in those projects where there is already an existing business.
My opinion - United Trades will rock (in my signature)! Not there is one guy with 200 millions invested about 11 000 eth! Just read this news!
Many times, novices can't tell which ones are good projects or bad ones, and ICO is inherently risky, so it's not surprising.
I think they don't lose money by investing Icos in long term. Some people look investing as game and they already sacrificed the money for investing. But some others invest everything they hear to earn money however they didn't search anything. That is why they losing.
there are way too many new investors joining the crypto space. You have all of these young people (and even older one's) who have never seen a chart in their life, never read a business model and never used technology in the way they are trying to do. They basically don't know what is going on, and therefore can't take the right decision as to what is good or bad. Investing in an ICO involves a lot of knowledge about the market, the technology and the value the project wants to offer. If you can't evaluate these you're basically throwing money off the window. We need more good investment decisions and to do that we need to learn what makes an investment good (the value it will offer in the short/long term).
Because people intend to invest into somethign they are not familiar of,the ending is not good waste of time and money.Research is the key to success,know all the pros and cons first compare it to other ICO and get the best.
Lack of knowledge is the number one thing that always make them lose their money. Another thing is the fear of missing out which always drive people to go all in and thinking to theirselves that nothing could go wrong because everyone is on it.
Investments in the wrong ICO are, in my opinion, due to the fact that recently it has become increasingly difficult to distinguish promising ICO projects from useless ones. All of them are almost the same type and promise good profits from the implementation of the proposed projects in a seemingly professional team. At first everything is going well, but from the second half of the fundraising starts problems, as a result, we are already beginning to feel that something is amiss with ICO.
They are losing money because they are just joining an ICO without studying it first. Not because that ICO has a high hype-score means your money is guaranteed to multiply. The one they should look for is the risk-score. It's better to check the development team behind that project and the whitepaper.
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