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Topic: Why do you participate in crowdfunding? - page 3. (Read 415 times)

newbie
Activity: 246
Merit: 0
February 01, 2019, 07:05:51 AM
#28
Let's be honest, a majority of people here is after profits. Sure a project can be revolutionize on paper but it's just an idea until fully executed.
member
Activity: 686
Merit: 10
February 01, 2019, 06:38:54 AM
#27
I like to support projects that I believe in, although it has brought me mostly losses. Even the coins that I got in the bounty I try not to sell, the projects should grow and show what they can do, the main thing is not to stumble on the scam.
copper member
Activity: 322
Merit: 8
February 01, 2019, 06:37:30 AM
#26
Many people enter into crowfunding with the wrong mindset. They think participating in an ICO crowdfund means getting a high return on investment after a few months. It does not work like this. I can't blame them though as the crazy bull run of 2017 caused investors to have this poor mindset.
hero member
Activity: 1022
Merit: 538
February 01, 2019, 05:23:02 AM
#25
The main idea of crowdfunding is for investors to pull their monies together to support the launching of a project. Unfortunately people join ICOs as traders not investors so the moment the coin is being listed, they quickly dump them without even waiting for the project to launch any of their products, destroying the price of the coin. Now these same people will come and create a thread here that ICOs are dead. In fact crypto is not dead, we are actually killing it.

Is your main idea to support the project or just to make profit from the bonuses and go your way?
You definitely got points to enlighten many people here but unfortunately I am not sure how many people will be making use of this discussion. Because, most people here are just focusing on making momentary money rather than looking for long-term sustaining benefits. This is the reason they are simply participating into any ICO and when tokens are getting listed in exchanges, they are simply dumping and then moving on. Literally they are killing of the concept of crowdfunding.

I believe if people here will be taking time to analyse the potential of a project then definitely they will not dump on listing. They do not take time to analyse the projects hence they are not waiting for projects to grow to get them the maximum benefits.

Crypto investors are missing out both finding good projects and making use of them for long term term with maximum benefits but making the whole ICO industry suffering just due to their ignorance on how to make use of the real meaning of crowdfunding. I guess proper education on awareness may bring good changes.
jr. member
Activity: 546
Merit: 1
February 01, 2019, 05:15:59 AM
#24
because if you lucky, when you participated in some ico sale crowdfunding, especially when pre sale stage, you will get a lot of offer such as discount or bonus, then if that project was successfull and the original price of that token become double or triple, you will be rich for sure.
MI6
hero member
Activity: 1260
Merit: 504
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February 01, 2019, 05:10:30 AM
#23
The main idea of crowdfunding is for investors to pull their monies together to support the launching of a project. Unfortunately people join ICOs as traders not investors so the moment the coin is being listed, they quickly dump them without even waiting for the project to launch any of their products, destroying the price of the coin. Now these same people will come and create a thread here that ICOs are dead. In fact crypto is not dead, we are actually killing it.

Is your main idea to support the project or just to make profit from the bonuses and go your way?
I will pick the second option. Because from what i see from ICO first to be trend until now, there are no project that really serious on their roadmap. And for price, they not really think about it as long they list it on market.
newbie
Activity: 168
Merit: 0
February 01, 2019, 05:03:27 AM
#22
Because I'd like to develope future. As for example, I see that a future after decentralized exchanges. And I'm more than sure that price of their tokens, will be much higher. For example DexAge ICO. Because decentralized exchanges, are much better for crypto than centralized!
sr. member
Activity: 958
Merit: 256
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February 01, 2019, 04:57:57 AM
#21
My guess is that when you write "crowdfunding" you mean ICO ..?
The cryptocurrency market is growing very fast and we are still at the beginning of this development. I think that many investments made now can bring a very large profit in the future.
jr. member
Activity: 574
Merit: 2
February 01, 2019, 04:56:46 AM
#20
I participate in a crowdfund after doing research and finding out their product, how the product will worth
Their roadmap and achievements, their partners and more importantly the total supply and its allocation
jr. member
Activity: 434
Merit: 1
February 01, 2019, 04:55:53 AM
#19
I'm not participating in the crowdfunding since there are so many times I should waste. Rather than investing, I just could make a profit while buying the coin once it hit exchange.
sr. member
Activity: 714
Merit: 252
February 01, 2019, 04:53:28 AM
#18
Depends on the project and their market. Currently, I don't see any projects that interests me more.
copper member
Activity: 191
Merit: 0
February 01, 2019, 04:50:28 AM
#17

You are totally right about this. People who want to invest in the project will be harmed by people who want to make small profits. The crypto market has recently been the place where everyone is trying to make a profit without distinguishing the project. Therefore, the projects that will be valued very much cannot be damaged by buying or selling.
sr. member
Activity: 1344
Merit: 259
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February 01, 2019, 04:19:31 AM
#16
usually I became a participant in the crodfunding in several ICO projects because I wanted to benefit and wanted to grow the assets that I had and wanted to help the project platform to raise funds.
newbie
Activity: 123
Merit: 0
February 01, 2019, 03:31:39 AM
#15
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jr. member
Activity: 280
Merit: 2
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February 01, 2019, 03:00:34 AM
#14
What about scam ICOs? That's not the only problem facing icos this days ,the problem of dumpers can't be control and its left for developers to find a solution out but seriously what is so bad about people dumping there tokens? Cryptocurrency is freedom right?so everyone has right to do whatever they like with there tokens ,if the project is a good one then it will survive the dump ,my advice is developers should stop wasting time launching crappy projects it will always fail
legendary
Activity: 1218
Merit: 1000
February 01, 2019, 02:59:43 AM
#13
This situation is based on market conditions. If investors see the market very well, most people will choose to hold it instead of selling it.
full member
Activity: 770
Merit: 101
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February 01, 2019, 02:46:18 AM
#12
Perhaps many ICO members do not position themselves as traders. They expect the asset to grow immediately to half the listing. If this does not happen, they sell to buy an asset in another project. In 2017, it often happened that a pump started immediately after listing. Apparently, many investors live in 2017 in this sense Grin.
hero member
Activity: 1568
Merit: 511
February 01, 2019, 02:39:28 AM
#11
1st of all: Trust and give believe to the project so they are motivated to perform their task and achieves goals

2nd of course is to make some profits there, its like PRE IPO or we called it the "early investor" where you could make good gains if the project succeed
jr. member
Activity: 546
Merit: 4
February 01, 2019, 02:33:57 AM
#10
The main idea of crowdfunding is for investors to pull their monies together to support the launching of a project. Unfortunately people join ICOs as traders not investors so the moment the coin is being listed, they quickly dump them without even waiting for the project to launch any of their products, destroying the price of the coin. Now these same people will come and create a thread here that ICOs are dead. In fact crypto is not dead, we are actually killing it.

Is your main idea to support the project or just to make profit from the bonuses and go your way?

Every investors join a crowd sale for the sole purpose of making profits
Some investors prefer to wait on the long term profit by not dumping on exchange
While short term investors dump upon listing of token

But, if it is a good project with working product, it will increase higher in price, no matter the level of dump
copper member
Activity: 112
Merit: 0
www.codex.one
February 01, 2019, 02:21:25 AM
#9
The main idea of crowdfunding is for investors to pull their monies together to support the launching of a project. Unfortunately people join ICOs as traders not investors so the moment the coin is being listed, they quickly dump them without even waiting for the project to launch any of their products, destroying the price of the coin. Now these same people will come and create a thread here that ICOs are dead. In fact crypto is not dead, we are actually killing it.

Is your main idea to support the project or just to make profit from the bonuses and go your way?

Is that some sort of an ICO? Crowdfunding system is like an Initial coin offering where investors are buying coins then withdraw that in time where its market is good enough.
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