Hi,
this thread I want to ask you: Why do you, if you do, invest in ICOs?
I see horrible huge amounts of money going to those. What do investors think to get in return?
Mostly it's the same case: ICO starts, much money comes in, you get the coins.
But what if those coins do not get back the initial worth?
Or do you invest because of other reasons?
For example (disclaimer: this is NOT hate!):
Why did trueflip.io get over $4,7 Million?
Thank you for answers!
I haven't invested in any yet; however, I do like some of the things I have seen from some Ethereum-based ICOs. Ambrosus is the main one that I have been looking at. Its direction at helping improve food supply chains makes me hope its more like activism with a return than mere investment.
That being said, I think most ICOs that I have seen are for-profit cryptos with little more direction that simply being the new Bitcoin. I would avoid anything that is only trying to be digital money and focus on the ones that are trying to accomplish a specific goal, especially if that goal has real-world application and aligns with your personal beliefs.