Why do most people invest in wrong ICOs to lose money ? - page 11.

Hughcrypto

newbie

Activity: 56

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Quote from: leea-1334 on November 03, 2017, 06:11:21 AM

Quote from: Hughcrypto on November 03, 2017, 05:15:55 AM

This board amazes me sometimes.

All the hyped ICOs are killing people - Bancor, Monaco etc and there is no self reflection.

People need to change the way they participate in projects.

All the rubbish needs to be shunned.

Sectors need to be chosen carefully, and projects thereafter.

REAL energy projects (i.e. NOT asset managers such as wepower, and NOT the pure solar/other renewable energy investment rubbish where crypto is just "added" to the process as a marketing tool) should be favoured, such as Grid+ and Prosume Energy.

Stop following people who have proven themselves useless.

You are not the first to bring this up and you will not be the last. The problem is many fold. The masses who are buying into all these hyped ICOs know very little about crypto or blockchain. But how can you be upset with them when even the teams behind the big ICO projects themselves know so little about crypto, apart from one or two developers on their team?

ICOs must be recognized as a good tool. But like any tool they can be misused.

The basic fundamentals of investments need to be learnt first!

This is one of the best comments I have read on bitcointalk.

People do not even realize that the teams they invest in know nothing about crypto or blockchain. I do not know everything about it so I make sure I only invest in projects that have 1. EXCELLENT BLOCKCHAIN experts and 2. EXCELLENT sector / business specialists and 3. EXCELLENT ADVISORS showing the reality.

Look at Prosume Energy please and please tell me what you think.

Blockchain experts, enery experts, and advisory board with Ernst and Young and even sovereign wealth funds. Show me ONE single project that has something similar.

http://prosume.io/

sehoon

full member

Activity: 840

Merit: 101

The only possibility I can see is that they don't do enough research about that ICO. It is true that not all ICOs have a potential.

kryptqnick

legendary

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Join the world-leading crypto sportsbook NOW!

Quote from: Hughcrypto on November 03, 2017, 05:15:55 AM

This board amazes me sometimes.

All the hyped ICOs are killing people - Bancor, Monaco etc and there is no self reflection.

People need to change the way they participate in projects.

All the rubbish needs to be shunned.

Sectors need to be chosen carefully, and projects thereafter.

REAL energy projects (i.e. NOT asset managers such as wepower, and NOT the pure solar/other renewable energy investment rubbish where crypto is just "added" to the process as a marketing tool) should be favoured, such as Grid+ and Prosume Energy.

Stop following people who have proven themselves useless.

You put it in the name of the thread as if people actually invested to lose money. This is surely wrong. It is just rather hard to define what is going to be a good investment. I bought blackmoon for about 70 cents and now it's under 50. The project was interesting, team is legit and marketing was amazing. What has gone wrong? No idea. Electroneum also has a team full of enthusiasts and the idea of their project is truly innovative and attractive. Yet from the time coin was released the price has only been going down. Why is this happening? Hard to say. It's not as easy as you put it anyway.

LeapTokenSale

newbie

Activity: 18

Merit: 0

Because not everything is marketing. Now with the rise of the ICOs, people have found out that this is a profitable investment, but they tend to forget to make a proper research and as a result, they make poor investments.

fatenmo

full member

Activity: 280

Merit: 108

Quote from: coiner495 on November 03, 2017, 05:59:37 AM

Quote from: PokerDiceMan on November 03, 2017, 05:33:19 AM

if want succes in ico project must have good analys, choose good project, and must wait hold minimum 3 month, or until token price above ico price

It's best to have a good luck. Other things don't help that much.

My opinion is to stop investing in ICOs and wait till the bubble collapses. Why?
1) ICO success rate is falling from 30-40% in summer to 3-5% in October.
2) People are loosing interest in ICOs. Take a look at this: https://www.similarweb.com/website/bitcointalk.org#overview This means the hype is over and "fresh blood" is not flowing into the market.

So I believe it's time to stop hunting for "promising" projects, stay away and see what's left after the burst.

I can agree with point no1 but will have to disagree with point no2 because the interest is always there. There are new ideas and concepts coming from ICO's, maybe some ICO's are being hyped abit too much, and end up failing hard, but others are legit.
As far as "fresh blood", it's still too early to say this 2017 is not over yet and I feel that November and December will bring some very solid ICO's!!!

leea-1334

hero member

Activity: 2282

Merit: 953

Temporary forum vacation

Quote from: Hughcrypto on November 03, 2017, 05:15:55 AM

This board amazes me sometimes.

All the hyped ICOs are killing people - Bancor, Monaco etc and there is no self reflection.

People need to change the way they participate in projects.

All the rubbish needs to be shunned.

Sectors need to be chosen carefully, and projects thereafter.

REAL energy projects (i.e. NOT asset managers such as wepower, and NOT the pure solar/other renewable energy investment rubbish where crypto is just "added" to the process as a marketing tool) should be favoured, such as Grid+ and Prosume Energy.

Stop following people who have proven themselves useless.

You are not the first to bring this up and you will not be the last. The problem is many fold. The masses who are buying into all these hyped ICOs know very little about crypto or blockchain. But how can you be upset with them when even the teams behind the big ICO projects themselves know so little about crypto, apart from one or two developers on their team?

ICOs must be recognized as a good tool. But like any tool they can be misused.

The basic fundamentals of investments need to be learnt first!

Hughcrypto

newbie

Activity: 56

Merit: 0

Quote from: coiner495 on November 03, 2017, 05:59:37 AM

Quote from: PokerDiceMan on November 03, 2017, 05:33:19 AM

if want succes in ico project must have good analys, choose good project, and must wait hold minimum 3 month, or until token price above ico price

It's best to have a good luck. Other things don't help that much.

My opinion is to stop investing in ICOs and wait till the bubble collapses. Why?
1) ICO success rate is falling from 30-40% in summer to 3-5% in October.
2) People are loosing interest in ICOs. Take a look at this: https://www.similarweb.com/website/bitcointalk.org#overview This means the hype is over and "fresh blood" is not flowing into the market.

So I believe it's time to stop hunting for "promising" projects, stay away and see what's left after the burst.

The "funny" thing about your comment is that the success rate of the 30 - 40% now is even lower. I.e. as the above person said, if you would have sold Monaco at the right time, you would have made 7x - what about the buyer though ? He is almost wiped out. So they are not really successes anymore for longer holders or later participants.

So 3-5% probably makes sense.

It is extremely difficult to find these, so most should stay away.

But there are some projects that can prevail and be a new kind of ICO that makes sense - please have a look at Prosume Energy and tell me what you think.

https://prosume.io

katinko

full member

Activity: 196

Merit: 122

it always taking "RISK", most of ICO are not true or scam, but there are ICO which the project could help the economy of bitcoin and they are sharing profit for every investor, i also think that investing is base on the luck for now but if you are searching deeper for the ICO that would be your advantage to decide in the right ICO.

cryptofangirl

newbie

Activity: 19

Merit: 0

Quote from: coiner495 on November 03, 2017, 05:59:37 AM

So I believe it's time to stop hunting for "promising" projects, stay away and see what's left after the burst.

When do you approximate that the "brust" will be over?

timikulit

full member

Activity: 196

Merit: 103

Its your own decision to make on which ICO you wanted to invest in.

Just always do your homework when joining ICO (Good Whitepaper. Reputable Developers and Advisers, Potential of the project)

Doing these will lessen your risk in joining on wrong ICO. However, This is not 100%.

coiner495

member

Activity: 72

Merit: 10

Quote from: PokerDiceMan on November 03, 2017, 05:33:19 AM

if want succes in ico project must have good analys, choose good project, and must wait hold minimum 3 month, or until token price above ico price

It's best to have a good luck. Other things don't help that much.

My opinion is to stop investing in ICOs and wait till the bubble collapses. Why?
1) ICO success rate is falling from 30-40% in summer to 3-5% in October.
2) People are loosing interest in ICOs. Take a look at this: https://www.similarweb.com/website/bitcointalk.org#overview This means the hype is over and "fresh blood" is not flowing into the market.

So I believe it's time to stop hunting for "promising" projects, stay away and see what's left after the burst.

sofakingporkhunt

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Activity: 70

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People like to gamble Tongue

amrulshare

hero member

Activity: 1316

Merit: 546

Monday Hit Me Every week

it's back to your decision to choose a promising project, you should see the potential for making the project like development team, whitepaper, Conducted campaigns and etc.

Hughcrypto

newbie

Activity: 56

Merit: 0

Quote from: PokerDiceMan on November 03, 2017, 05:33:19 AM

Quote from: Hughcrypto on November 03, 2017, 05:15:55 AM

This board amazes me sometimes.

All the hyped ICOs are killing people - Bancor, Monaco etc and there is no self reflection.

People need to change the way they participate in projects.

All the rubbish needs to be shunned.

Sectors need to be chosen carefully, and projects thereafter.

REAL energy projects (i.e. NOT asset managers such as wepower, and NOT the pure solar/other renewable energy investment rubbish where crypto is just "added" to the process as a marketing tool) should be favoured, such as Grid+ and Prosume Energy.

Stop following people who have proven themselves useless.

all investor monaco token is profit, monaco ico price is cheap, if not wrog only 1 dollar
all investor if sell in peak price, profit 7x

if want succes in ico project must have good analys, choose good project, and must wait hold minimum 3 month, or until token price above ico price

Monaco is clearly a disappointment, since it was in line with early ICOs and with the change in business model so early on, it's future is uncertain in terms of value - yes one could have made 7x with the correct timing, but early ICOs were a different world.

Banco is a disgrace.

PokerDiceMan

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Activity: 602

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Undeads.com - P2E Runner Game

Quote from: Hughcrypto on November 03, 2017, 05:15:55 AM

This board amazes me sometimes.

All the hyped ICOs are killing people - Bancor, Monaco etc and there is no self reflection.

People need to change the way they participate in projects.

All the rubbish needs to be shunned.

Sectors need to be chosen carefully, and projects thereafter.

REAL energy projects (i.e. NOT asset managers such as wepower, and NOT the pure solar/other renewable energy investment rubbish where crypto is just "added" to the process as a marketing tool) should be favoured, such as Grid+ and Prosume Energy.

Stop following people who have proven themselves useless.

all investor monaco token is profit, monaco ico price is cheap, if not wrog only 1 dollar
all investor if sell in peak price, profit 7x

if want succes in ico project must have good analys, choose good project, and must wait hold minimum 3 month, or until token price above ico price

Hughcrypto

newbie

Activity: 56

Merit: 0

This board amazes me sometimes.

All the hyped ICOs are killing people - Bancor, Monaco etc and there is no self reflection.

People need to change the way they participate in projects.

All the rubbish needs to be shunned.

Sectors need to be chosen carefully, and projects thereafter.

REAL energy projects (i.e. NOT asset managers such as wepower, and NOT the pure solar/other renewable energy investment rubbish where crypto is just "added" to the process as a marketing tool) should be favoured, such as Grid+ and Prosume Energy.

Stop following people who have proven themselves useless.

Topic: Why do most people invest in wrong ICOs to lose money ? - page 11. (Read 2440 times)