should not give up ICO. We all know in the Crypto market that ICO plays a very important role. It can generate many times the profit. But now there are too many ICOs every day. If that is the right choice then I believe there are still plenty of potential and make a lot of profit
You can earn money with icos that is correct, but at the same time it is getting harder to earn any significant amount of money through them because there are so many new projects that it is almost impossible to know which one is a scam and which one is a real one, people get confused all the time and they invest in the project that it was a scam and they lose their money instead, that is why there are many people that are stopping investing in icos.
Topic: Why I am quitting ICO's - page 26. (Read 6154 times)
You are quitting because it was your decision to quit LOL
ICO is in fact unpredictable in the presence of future profits. In addition, there is a great risk that it will not take place at all and the money of depositors will be lost.
I think the real problem is that it dilutes all this money in the market cap and therefore prevents good projects from succeeding
And make sure that the hard cap is high and that there is more and more ... But some ICOS like crypterium or titanium still manage to achieve it!
Well, you do have some valid points as to changing your mind from ICOs. But this doesn't change the fact that real and legitimate ICOs are also springing up too amidst the scammers and the ones that won't go far.
Well if you are quitting ICO for sure you are not researching more about the ICO that you are investing with because as of today there are so many ICO Project that are now scamming people, Took money from them and just leave without notice. Quitting ICO is like quitting Opportunity.
I understand your point quitting in investing an Ico's which scams are very rampant nowadays. As a traders who invest in an Ico's needs to be selective in choosing to pur your money. It has proven a lot of scams and many lists to reach their project to be successful. Let's be initiative by participating an Ico that were not be a victim of scam.
There are types of ICO's which are SCAM, These may be the hindrances of an individual to stop ICO's because they dont bring integrity to investors and participants, That is why, When it comes of selecting ICO's, Read carefully the platforms and the Team members before joining or investing.
Cryptocurrencies are already becoming and an important part of the economic landscape, but ICOs will prove to be a short-lived fad with most ICO tokens worthless.
I would say that this is a great decision because if you find that something is not going as per expectations then it doesn't make any sense to stick with it unless getting more knowledge about it. I haven't participated in many ICOs and I have faced the similar experience as OP. However, I believe that since things are still in the development mode, it will take much time for this system to improve. In the case of the stock market, we see the initial public offer and when a good company puts IPO, it performs well even after hitting the market. I think we should give some time for these things to improve.
There are types of ICO's which are SCAM, These may be the hindrances of an individual to stop ICO's because they dont bring integrity to investors and participants, That is why, When it comes of selecting ICO's, Read carefully the platforms and the Team members before joining or investing.
They are several ways why i also dont participate in the initial coin offerings. One reason out of them is, the huge bounty pools. They are to many bounty hunters, who get to much tokens. And immidietaly they got listed on exchange and sometimes before ond forkdelta they dump their tokens for like 10% of the initial coin offerings price. So today as investor you are stupid when you invest in initial coin offerings with huge bounty pools. You can just wait untill they got dumped on the exchange!
Winners never quit, You just need to be strategic in your approach, Most of the ICO I invested in December-January did not do well, a friend just encourage me not to give up base on his experience. Do not invest base on the number of followers on telegram or social media.
He probably one of the newbies who was hype and its understandable if he feels like quitting. But as what you said most of the ICO are not doing well at that time range because of the dip and I think this is normal. Well many newbies are feel to quit and some of their reason is they lose their money ,but if you really learned about the ICO and you will know how to be a strategic. For sure you'll never want to give up and you will choose to stay and earn more.
Although the ICO has a lot of fraudulent projects, but I will not ignore. This is a high risk investment but it is profitable and I accept it. Currently there are many good projects to invest, so why ignore it.
yeah someone with no responsiblty like a people who showing their project scam, that are disgusting, they using the name of crypto and they just make not an ico name are falling, but the name of the cryptocurrency too
I decided to quit ICO's. From December till now I invested about 5 eth into several ICO's. Invest what you can miss, this is what was able to miss.
Right now the first few of my ICO's have reached the exchanges. Most are under performing, but this is related to the overall dip (can be read everywhere). I understand, but ICO token economics have changed also.
I was 'unlucky' to miss out on a few ICO's besides the ones I was able to participate in. Afterwards I am glad, since I was able to pick most up at a fraction of the ICO price.
Important as ever: DYOR as not all ICO's have a genuine solution to a genuine problem. Some may seem like a fantastic solution, but often it is marketing combined with a strong team, and not so much a great working product.
And who am I? I am definitely a nobody
, but still wanted to share my experiences and perhaps save people from thinking of getting on board of the next x100 ICO 
p.s. when a Telegram has over 20k subscribers all screaming 'when lambo' with endless rows of animated gifs, you may also wonder if this is a serious block chain solution which will revolutionize 'x'
Right now the first few of my ICO's have reached the exchanges. Most are under performing, but this is related to the overall dip (can be read everywhere). I understand, but ICO token economics have changed also.
- massive hardcaps
- most is sold in pre-sale to big investors, leaving scraps for crowdsale
- much attention to marketing, less to working product or realistic time lines
- immediately available on EtherDelta and IDEX, sure sign of little interest in token economics/future
- no lock on pre-sale tokens, whales take their x2, x3 or x-whatever as soon as possible (I would probably have done the same). Prices drop to below ICO price.
- too many ICO's without distinctive differences.
- too many ICO's in general
- too much tokens reserved for team/marketing
- many ICO's don't even have a crowdsale anymore (which perhaps is a good thing as the little investors are protected this way)
- ICO prizes are quite high. 1eth = 1000/4000 tokens is pretty common, but with a hc of 40 million, this will not easily go x10 or more.
I was 'unlucky' to miss out on a few ICO's besides the ones I was able to participate in. Afterwards I am glad, since I was able to pick most up at a fraction of the ICO price.
Important as ever: DYOR as not all ICO's have a genuine solution to a genuine problem. Some may seem like a fantastic solution, but often it is marketing combined with a strong team, and not so much a great working product.
And who am I? I am definitely a nobody
, but still wanted to share my experiences and perhaps save people from thinking of getting on board of the next x100 ICO p.s. when a Telegram has over 20k subscribers all screaming 'when lambo' with endless rows of animated gifs, you may also wonder if this is a serious block chain solution which will revolutionize 'x'
I think that you are not getting the right ico for you because now days there are still ico who are paying a decent amount of tokens that you may even use for your living so do not give up on working in bounty campaigns.
Winners never quit, You just need to be strategic in your approach, Most of the ICO I invested in December-January did not do well, a friend just encourage me not to give up base on his experience. Do not invest base on the number of followers on telegram or social media.
He probably one of the newbies who was hype and its understandable if he feels like quitting. But as what you said most of the ICO are not doing well at that time range because of the dip and I think this is normal.
The reasons you stated where quite notable and I am too starting to fear it really 
I think there are many legit and profitable ICOs, of course with very good analysis, there is one thing that is easiest to follow ICOs and we profit that is choosing ICOs that have reached softcap so it can be ascertained that the project is successful.
- immediately available on EtherDelta and IDEX, sure sign of little interest in token economics/future
Actually this one is not from the project owner side, Etherdelta and IDEX can list any tokens on their site because of decentralized exchanges. Most of all your points are true though about the ICO, but i still have faith on ICOs and i also invest 5 ETHs on 1 project which i think good to invest.
I decided to quit ICO's. From December till now I invested about 5 eth into several ICO's. Invest what you can miss, this is what was able to miss.
Right now the first few of my ICO's have reached the exchanges. Most are under performing, but this is related to the overall dip (can be read everywhere). I understand, but ICO token economics have changed also.
I was 'unlucky' to miss out on a few ICO's besides the ones I was able to participate in. Afterwards I am glad, since I was able to pick most up at a fraction of the ICO price.
Important as ever: DYOR as not all ICO's have a genuine solution to a genuine problem. Some may seem like a fantastic solution, but often it is marketing combined with a strong team, and not so much a great working product.
And who am I? I am definitely a nobody, but still wanted to share my experiences and perhaps save people from thinking of getting on board of the next x100 ICO
p.s. when a Telegram has over 20k subscribers all screaming 'when lambo' with endless rows of animated gifs, you may also wonder if this is a serious block chain solution which will revolutionize 'x'
Right now the first few of my ICO's have reached the exchanges. Most are under performing, but this is related to the overall dip (can be read everywhere). I understand, but ICO token economics have changed also.
- massive hardcaps
- most is sold in pre-sale to big investors, leaving scraps for crowdsale
- much attention to marketing, less to working product or realistic time lines
- immediately available on EtherDelta and IDEX, sure sign of little interest in token economics/future
- no lock on pre-sale tokens, whales take their x2, x3 or x-whatever as soon as possible (I would probably have done the same). Prices drop to below ICO price.
- too many ICO's without distinctive differences.
- too many ICO's in general
- too much tokens reserved for team/marketing
- many ICO's don't even have a crowdsale anymore (which perhaps is a good thing as the little investors are protected this way)
- ICO prizes are quite high. 1eth = 1000/4000 tokens is pretty common, but with a hc of 40 million, this will not easily go x10 or more.
I was 'unlucky' to miss out on a few ICO's besides the ones I was able to participate in. Afterwards I am glad, since I was able to pick most up at a fraction of the ICO price.
Important as ever: DYOR as not all ICO's have a genuine solution to a genuine problem. Some may seem like a fantastic solution, but often it is marketing combined with a strong team, and not so much a great working product.
And who am I? I am definitely a nobody
, but still wanted to share my experiences and perhaps save people from thinking of getting on board of the next x100 ICO p.s. when a Telegram has over 20k subscribers all screaming 'when lambo' with endless rows of animated gifs, you may also wonder if this is a serious block chain solution which will revolutionize 'x'
In investment and business of course there are always two sides that are just as strong as profit or loss, when you often get unfavorable ICOs then it is an experience for you and us all, certainly behind your disappointment in ICOs then there is a bigger lesson for us to get profit from ICOs.
I decided to quit ICO's. From December till now I invested about 5 eth into several ICO's. Invest what you can miss, this is what was able to miss.
Right now the first few of my ICO's have reached the exchanges. Most are under performing, but this is related to the overall dip (can be read everywhere). I understand, but ICO token economics have changed also.
I was 'unlucky' to miss out on a few ICO's besides the ones I was able to participate in. Afterwards I am glad, since I was able to pick most up at a fraction of the ICO price.
Important as ever: DYOR as not all ICO's have a genuine solution to a genuine problem. Some may seem like a fantastic solution, but often it is marketing combined with a strong team, and not so much a great working product.
And who am I? I am definitely a nobody, but still wanted to share my experiences and perhaps save people from thinking of getting on board of the next x100 ICO
p.s. when a Telegram has over 20k subscribers all screaming 'when lambo' with endless rows of animated gifs, you may also wonder if this is a serious block chain solution which will revolutionize 'x'
If ICOs doesn't work for you, it is really good if you will just stop making investment. You will continuing to experience loss if you will continue to make investment with ICOs. You should gather more information for you to become knowledgeable person. Right now the first few of my ICO's have reached the exchanges. Most are under performing, but this is related to the overall dip (can be read everywhere). I understand, but ICO token economics have changed also.
- massive hardcaps
- most is sold in pre-sale to big investors, leaving scraps for crowdsale
- much attention to marketing, less to working product or realistic time lines
- immediately available on EtherDelta and IDEX, sure sign of little interest in token economics/future
- no lock on pre-sale tokens, whales take their x2, x3 or x-whatever as soon as possible (I would probably have done the same). Prices drop to below ICO price.
- too many ICO's without distinctive differences.
- too many ICO's in general
- too much tokens reserved for team/marketing
- many ICO's don't even have a crowdsale anymore (which perhaps is a good thing as the little investors are protected this way)
- ICO prizes are quite high. 1eth = 1000/4000 tokens is pretty common, but with a hc of 40 million, this will not easily go x10 or more.
I was 'unlucky' to miss out on a few ICO's besides the ones I was able to participate in. Afterwards I am glad, since I was able to pick most up at a fraction of the ICO price.
Important as ever: DYOR as not all ICO's have a genuine solution to a genuine problem. Some may seem like a fantastic solution, but often it is marketing combined with a strong team, and not so much a great working product.
And who am I? I am definitely a nobody
, but still wanted to share my experiences and perhaps save people from thinking of getting on board of the next x100 ICO p.s. when a Telegram has over 20k subscribers all screaming 'when lambo' with endless rows of animated gifs, you may also wonder if this is a serious block chain solution which will revolutionize 'x'
Jump to: