Why do most people invest in wrong ICOs to lose money ? - page 9.

Hughcrypto

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Quote from: lunafreya on November 03, 2017, 01:10:31 PM

Participate in ICO always a risk but ı think people don't do enough research about ICO before investment. Of course all ICOs have not a potential.

That is one of my points - people get tricked into investing due to hype, and not because of underlying quality.

lunafreya

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Participate in ICO always a risk but ı think people don't do enough research about ICO before investment. Of course all ICOs have not a potential.

max6575

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Vave.com

as having with the personal customs of basics with ideal preference, investors might wants to work with decision as expending as most with the use of resource to gains of collection of returns with the expends of exchange.

KingScorpio

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Quote from: Poink on November 03, 2017, 12:31:11 PM

Quote from: Hughcrypto on November 03, 2017, 12:27:45 PM

Quote from: Poink on November 03, 2017, 12:23:20 PM

Quote from: Hughcrypto on November 03, 2017, 12:19:26 PM

Not at all - my point is that the past is the past - when there were fewer ICOs in the original hype - some people THAT SOLD made some returns, but for every seller post ICO, there is a buyer ´- so altogether huge losses have been made. The earnings were "luck" since almost EVERYTHING rallied, since then at least 90% are and have been failing.

Even bad projects "back then" made some short term gains - NOW IT IS IMPERATIVE that people invest differently - hence my point is that people have to shun the rubbish and foget the hyped projects and change outlook.

I agree with you. But as I said earlier...you need losers to have winners.

"A sucker is born every minute." -- it is famous saying for a reason. Had been, will always be...and there is nothing we can do about it.

BTW, I am a sucker too sometimes...I am human so not fool proof. Wink

BTW - I only get upset because of having been a sucker in the past too many times !

It is the nature of the game.

Experience is the best teacher...just don't keep repeating same mistake Wink

experience is a teacher but not the best one

regards

Hughcrypto

newbie

Activity: 56

Merit: 0

Quote from: Poink on November 03, 2017, 12:31:11 PM

Quote from: Hughcrypto on November 03, 2017, 12:27:45 PM

Quote from: Poink on November 03, 2017, 12:23:20 PM

Quote from: Hughcrypto on November 03, 2017, 12:19:26 PM

Not at all - my point is that the past is the past - when there were fewer ICOs in the original hype - some people THAT SOLD made some returns, but for every seller post ICO, there is a buyer ´- so altogether huge losses have been made. The earnings were "luck" since almost EVERYTHING rallied, since then at least 90% are and have been failing.

Even bad projects "back then" made some short term gains - NOW IT IS IMPERATIVE that people invest differently - hence my point is that people have to shun the rubbish and foget the hyped projects and change outlook.

I agree with you. But as I said earlier...you need losers to have winners.

"A sucker is born every minute." -- it is famous saying for a reason. Had been, will always be...and there is nothing we can do about it.

BTW, I am a sucker too sometimes...I am human so not fool proof. Wink

BTW - I only get upset because of having been a sucker in the past too many times !

It is the nature of the game.

Experience is the best teacher...just don't keep repeating same mistake Wink

Exactly.

Poink

full member

Activity: 350

Merit: 122

Quote from: Hughcrypto on November 03, 2017, 12:27:45 PM

Quote from: Poink on November 03, 2017, 12:23:20 PM

Quote from: Hughcrypto on November 03, 2017, 12:19:26 PM

Not at all - my point is that the past is the past - when there were fewer ICOs in the original hype - some people THAT SOLD made some returns, but for every seller post ICO, there is a buyer ´- so altogether huge losses have been made. The earnings were "luck" since almost EVERYTHING rallied, since then at least 90% are and have been failing.

Even bad projects "back then" made some short term gains - NOW IT IS IMPERATIVE that people invest differently - hence my point is that people have to shun the rubbish and foget the hyped projects and change outlook.

I agree with you. But as I said earlier...you need losers to have winners.

"A sucker is born every minute." -- it is famous saying for a reason. Had been, will always be...and there is nothing we can do about it.

BTW, I am a sucker too sometimes...I am human so not fool proof. Wink

BTW - I only get upset because of having been a sucker in the past too many times !

It is the nature of the game.

Experience is the best teacher...just don't keep repeating same mistake Wink

Hughcrypto

newbie

Activity: 56

Merit: 0

Quote from: Poink on November 03, 2017, 12:23:20 PM

Quote from: Hughcrypto on November 03, 2017, 12:19:26 PM

Not at all - my point is that the past is the past - when there were fewer ICOs in the original hype - some people THAT SOLD made some returns, but for every seller post ICO, there is a buyer ´- so altogether huge losses have been made. The earnings were "luck" since almost EVERYTHING rallied, since then at least 90% are and have been failing.

Even bad projects "back then" made some short term gains - NOW IT IS IMPERATIVE that people invest differently - hence my point is that people have to shun the rubbish and foget the hyped projects and change outlook.

I agree with you. But as I said earlier...you need losers to have winners.

"A sucker is born every minute." -- it is famous saying for a reason. Had been, will always be...and there is nothing we can do about it.

BTW, I am a sucker too sometimes...I am human so not fool proof. Wink

BTW - I only get upset because of having been a sucker in the past too many times !

Poink

full member

Activity: 350

Merit: 122

Quote from: Hughcrypto on November 03, 2017, 12:19:26 PM

Not at all - my point is that the past is the past - when there were fewer ICOs in the original hype - some people THAT SOLD made some returns, but for every seller post ICO, there is a buyer ´- so altogether huge losses have been made. The earnings were "luck" since almost EVERYTHING rallied, since then at least 90% are and have been failing.

Even bad projects "back then" made some short term gains - NOW IT IS IMPERATIVE that people invest differently - hence my point is that people have to shun the rubbish and foget the hyped projects and change outlook.

I agree with you. But as I said earlier...you need losers to have winners.

"A sucker is born every minute." -- it is famous saying for a reason. Had been, will always be...and there is nothing we can do about it.

BTW, I am a sucker too sometimes...I am human so not fool proof. Wink

Hughcrypto

newbie

Activity: 56

Merit: 0

Quote from: Poink on November 03, 2017, 12:11:36 PM

Quote from: Hughcrypto on November 03, 2017, 12:03:25 PM

Quote from: Poink on November 03, 2017, 11:55:37 AM

Quote from: Hughcrypto on November 03, 2017, 11:38:20 AM

Quote from: Poink on November 03, 2017, 11:04:35 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 sound like all knowing. CRYPTO in general is all speculation (yes even BTC). It is a form of a gamble and very unpredictable. In everything, there are winners and losers. Not everyone can be winners...sorry but that is real life.

You claim Bancor and Monaco are bad coins...while I don't own both, I disagree with you. You might end up eating your words a few months from now based on these two alone.

Good projects sometimes tank, bad projects sometimes become hits...it is what it is and if it is easy to predict, everyone will make the right call and NO ONE will make money as they do in crypto world. It is a double edged sword...cuts both way. You need losers to win.

I am not at all all knowing. Far from it.

However, as any investment form matures it moves from gambling to seriousness (or dies).

Clearly, most of the hyped ICOs do not have even a chance of making it since they have teams and set ups that are far from good.

Since there is maturation process going on, I want people to be aware of the change in the ICO landscape - and be aware of oversupplied tokens etc.

There are very few real projects out there, and yes they may fail as well, but considering the losses since the altcoin high a while back, people need to adapt.

That is my point.

Most of the major loss are due to the numerous BTC forks...not by any means the fault of ICOs. Most coins suffered tremendously.

This time is a BAD if not THE WORST time frame to use as reference for a coin's performance. Personally, I bought the biggest losers (out of what I believe are good coins). Instead of bad mouthing them, I see the big dips as OPPORTUNITIES. The eventual losers are the ones who panic and sold low. They are ones who need to learn and adapt. JMHO

Quote from: Poink on November 03, 2017, 11:58:55 AM

BTW, for the record, I am a proponents of ICO regulation because I believe that 90%+ of current ICOs are scams.

My point is that looking at something like Monaco that went up 600% and found buyers at those levels - and it was assumed such moves were "normal" - they have been practically wiped out. That together with the ICOs that never really had a rally to start with. Clearly it was wrong for many ICOs to raise as much money as they did, and for some to rally as hard as they did.

Now with an even bigger amount of ICOs out there, the percentage of survivals will drop hard - and it is even more vital to choose the right ones.

And the hyped ones have caused the largest losses, by default.

And I completely agree about eventual regulation - right now one needs to choose more wisely oneself.

Aren't you contradicting your original post with this? Huh

Not at all - my point is that the past is the past - when there were fewer ICOs in the original hype - some people THAT SOLD made some returns, but for every seller post ICO, there is a buyer ´- so altogether huge losses have been made. The earnings were "luck" since almost EVERYTHING rallied, since then at least 90% are and have been failing.

Even bad projects "back then" made some short term gains - NOW IT IS IMPERATIVE that people invest differently - hence my point is that people have to shun the rubbish and foget the hyped projects and change outlook.

Hughcrypto

newbie

Activity: 56

Merit: 0

Quote from: rpg on November 03, 2017, 12:03:56 PM

Quote from: Poink on November 03, 2017, 11:58:55 AM

BTW, for the record, I am a proponents of ICO regulation because I believe that 90%+ of current ICOs are scams.

If only 90% ICO is scam so 10% not a scam. If one of 20 ICO you choose to invest will make 20x in some month, you will make good money. So people invest in many different to find than one. It's a normal strategy.

[/quote]

Note that I said 90%+ (probably closer to 95%) but yes the strategy is to find that good 5% and make good money.

[/quote]

Yes it has been so far. I just think the earnings expectations will have to fall as the market matures. Question is if the amount of winners increases to compensate.

Poink

full member

Activity: 350

Merit: 122

Quote from: Hughcrypto on November 03, 2017, 12:03:25 PM

Quote from: Poink on November 03, 2017, 11:55:37 AM

Quote from: Hughcrypto on November 03, 2017, 11:38:20 AM

Quote from: Poink on November 03, 2017, 11:04:35 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 sound like all knowing. CRYPTO in general is all speculation (yes even BTC). It is a form of a gamble and very unpredictable. In everything, there are winners and losers. Not everyone can be winners...sorry but that is real life.

You claim Bancor and Monaco are bad coins...while I don't own both, I disagree with you. You might end up eating your words a few months from now based on these two alone.

Good projects sometimes tank, bad projects sometimes become hits...it is what it is and if it is easy to predict, everyone will make the right call and NO ONE will make money as they do in crypto world. It is a double edged sword...cuts both way. You need losers to win.

I am not at all all knowing. Far from it.

However, as any investment form matures it moves from gambling to seriousness (or dies).

Clearly, most of the hyped ICOs do not have even a chance of making it since they have teams and set ups that are far from good.

Since there is maturation process going on, I want people to be aware of the change in the ICO landscape - and be aware of oversupplied tokens etc.

There are very few real projects out there, and yes they may fail as well, but considering the losses since the altcoin high a while back, people need to adapt.

That is my point.

Most of the major loss are due to the numerous BTC forks...not by any means the fault of ICOs. Most coins suffered tremendously.

This time is a BAD if not THE WORST time frame to use as reference for a coin's performance. Personally, I bought the biggest losers (out of what I believe are good coins). Instead of bad mouthing them, I see the big dips as OPPORTUNITIES. The eventual losers are the ones who panic and sold low. They are ones who need to learn and adapt. JMHO

Quote from: Poink on November 03, 2017, 11:58:55 AM

BTW, for the record, I am a proponents of ICO regulation because I believe that 90%+ of current ICOs are scams.

My point is that looking at something like Monaco that went up 600% and found buyers at those levels - and it was assumed such moves were "normal" - they have been practically wiped out. That together with the ICOs that never really had a rally to start with. Clearly it was wrong for many ICOs to raise as much money as they did, and for some to rally as hard as they did.

Now with an even bigger amount of ICOs out there, the percentage of survivals will drop hard - and it is even more vital to choose the right ones.

And the hyped ones have caused the largest losses, by default.

And I completely agree about eventual regulation - right now one needs to choose more wisely oneself.

Aren't you contradicting your original post with this? Huh

Poink

full member

Activity: 350

Merit: 122

Quote from: rpg on November 03, 2017, 12:03:56 PM

Quote from: Poink on November 03, 2017, 11:58:55 AM

BTW, for the record, I am a proponents of ICO regulation because I believe that 90%+ of current ICOs are scams.

If only 90% ICO is scam so 10% not a scam. If one of 20 ICO you choose to invest will make 20x in some month, you will make good money. So people invest in many different to find than one. It's a normal strategy.

Note that I said 90%+ (probably closer to 95%) but yes the strategy is to find that good 5% and make good money.

...and yes, you can buy several and hope one of them take-off. It is called hedging and diversification.

rpg

hero member

Activity: 728

Merit: 500

Quote from: Poink on November 03, 2017, 11:58:55 AM

BTW, for the record, I am a proponents of ICO regulation because I believe that 90%+ of current ICOs are scams.

If only 90% ICO is scam so 10% not a scam. If one of 20 ICO you choose to invest will make 20x in some month, you will make good money. So people invest in many different to find than one. It's a normal strategy.

Hughcrypto

newbie

Activity: 56

Merit: 0

Quote from: Poink on November 03, 2017, 11:55:37 AM

Quote from: Hughcrypto on November 03, 2017, 11:38:20 AM

Quote from: Poink on November 03, 2017, 11:04:35 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 sound like all knowing. CRYPTO in general is all speculation (yes even BTC). It is a form of a gamble and very unpredictable. In everything, there are winners and losers. Not everyone can be winners...sorry but that is real life.

You claim Bancor and Monaco are bad coins...while I don't own both, I disagree with you. You might end up eating your words a few months from now based on these two alone.

Good projects sometimes tank, bad projects sometimes become hits...it is what it is and if it is easy to predict, everyone will make the right call and NO ONE will make money as they do in crypto world. It is a double edged sword...cuts both way. You need losers to win.

I am not at all all knowing. Far from it.

However, as any investment form matures it moves from gambling to seriousness (or dies).

Clearly, most of the hyped ICOs do not have even a chance of making it since they have teams and set ups that are far from good.

Since there is maturation process going on, I want people to be aware of the change in the ICO landscape - and be aware of oversupplied tokens etc.

There are very few real projects out there, and yes they may fail as well, but considering the losses since the altcoin high a while back, people need to adapt.

That is my point.

Most of the major loss are due to the numerous BTC forks...not by any means the fault of ICOs. Most coins suffered tremendously.

This time is a BAD if not THE WORST time frame to use as reference for a coin's performance. Personally, I bought the biggest losers (out of what I believe are good coins). Instead of bad mouthing them, I see the big dips as OPPORTUNITIES. The eventual losers are the ones who panic and sold low. They are ones who need to learn and adapt. JMHO

Quote from: Poink on November 03, 2017, 11:58:55 AM

BTW, for the record, I am a proponents of ICO regulation because I believe that 90%+ of current ICOs are scams.

My point is that looking at something like Monaco that went up 600% and found buyers at those levels - and it was assumed such moves were "normal" - they have been practically wiped out. That together with the ICOs that never really had a rally to start with. Clearly it was wrong for many ICOs to raise as much money as they did, and for some to rally as hard as they did.

Now with an even bigger amount of ICOs out there, the percentage of survivals will drop hard - and it is even more vital to choose the right ones.

And the hyped ones have caused the largest losses, by default.

And I completely agree about eventual regulation - right now one needs to choose more wisely oneself.

Poink

full member

Activity: 350

Merit: 122

BTW, for the record, I am a proponents of ICO regulation because I believe that 90%+ of current ICOs are scams.

Poink

full member

Activity: 350

Merit: 122

Quote from: Hughcrypto on November 03, 2017, 11:38:20 AM

Quote from: Poink on November 03, 2017, 11:04:35 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 sound like all knowing. CRYPTO in general is all speculation (yes even BTC). It is a form of a gamble and very unpredictable. In everything, there are winners and losers. Not everyone can be winners...sorry but that is real life.

You claim Bancor and Monaco are bad coins...while I don't own both, I disagree with you. You might end up eating your words a few months from now based on these two alone.

Good projects sometimes tank, bad projects sometimes become hits...it is what it is and if it is easy to predict, everyone will make the right call and NO ONE will make money as they do in crypto world. It is a double edged sword...cuts both way. You need losers to win.

I am not at all all knowing. Far from it.

However, as any investment form matures it moves from gambling to seriousness (or dies).

Clearly, most of the hyped ICOs do not have even a chance of making it since they have teams and set ups that are far from good.

Since there is maturation process going on, I want people to be aware of the change in the ICO landscape - and be aware of oversupplied tokens etc.

There are very few real projects out there, and yes they may fail as well, but considering the losses since the altcoin high a while back, people need to adapt.

That is my point.

Most of the major loss are due to the numerous BTC forks...not by any means the fault of ICOs. Most coins suffered tremendously.

This time is a BAD if not THE WORST time frame to use as reference for a coin's performance. Personally, I bought the biggest losers (out of what I believe are good coins). Instead of bad mouthing them, I see the big dips as OPPORTUNITIES. The eventual losers are the ones who panic and sold low. They are ones who need to learn and adapt. JMHO

blueteam09

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Activity: 664

Merit: 100

📱 CARTESI 📱 INFRASTRUCTURE FOR SCA

Not all ico will disappoint investors ico what risk it if you get money after investing in ico that is luck but when you lose money you say to all ico is a fraud, but there are many successful and bad ico is also partly due to you when you invest and any ico you should know about it but you should not follow the group on the telegram or facebook and then use your money wisely do not blindly believe in other people

Hughcrypto

newbie

Activity: 56

Merit: 0

Quote from: Poink on November 03, 2017, 11:04:35 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 sound like all knowing. CRYPTO in general is all speculation (yes even BTC). It is a form of a gamble and very unpredictable. In everything, there are winners and losers. Not everyone can be winners...sorry but that is real life.

You claim Bancor and Monaco are bad coins...while I don't own both, I disagree with you. You might end up eating your words a few months from now based on these two alone.

Good projects sometimes tank, bad projects sometimes become hits...it is what it is and if it is easy to predict, everyone will make the right call and NO ONE will make money as they do in crypto world. It is a double edged sword...cuts both way. You need losers to win.

I am not at all all knowing. Far from it.

However, as any investment form matures it moves from gambling to seriousness (or dies).

Clearly, most of the hyped ICOs do not have even a chance of making it since they have teams and set ups that are far from good.

Since there is maturation process going on, I want people to be aware of the change in the ICO landscape - and be aware of oversupplied tokens etc.

There are very few real projects out there, and yes they may fail as well, but considering the losses since the altcoin high a while back, people need to adapt.

That is my point.

Poink

full member

Activity: 350

Merit: 122

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 sound like all knowing. CRYPTO in general is all speculation (yes even BTC). It is a form of a gamble and very unpredictable. In everything, there are winners and losers. Not everyone can be winners...sorry but that is real life.

You claim Bancor and Monaco are bad coins...while I don't own both, I disagree with you. You might end up eating your words a few months from now based on these two alone.

Good projects sometimes tank, bad projects sometimes become hits...it is what it is and if it is easy to predict, everyone will make the right call and NO ONE will make money as they do in crypto world. It is a double edged sword...cuts both way. You need losers to win.

jatin729

full member

Activity: 812

Merit: 108

Yeah i totally agree with your question that most of people are investing their money wrong ico, because they are not researched about them.
here is one way to identify legit ico if particular ico has forum on bitcointalk.org and it has started campaign than it would be consider as legit ico. People can invest in it.

Topic: Why do most people invest in wrong ICOs to lose money ? - page 9. (Read 2436 times)