Topic: Why I am quitting ICO's - page 31. (Read 6126 times)
Maybe it is just too early to make such conclusions. This is a new sphere and there are so many misunderstandings but it will be better with the every single ICO is coming.
The guy it's time to start investing in ICO again. Do it right now. To make good money.
In Russia will be created the standard for identification of roguish ICO. The Russian cryptocurrencies and blockchain association has suggested to create special committee which will check reliability of founders information, the minimum viability of a product and the business plan to reveal roguish projects. According to RAKIB, in 2017 the Russian ICO projects have attracted $300 million, from them $150 million have fallen on roguish schemes. 
So, let's go to ICO))))
So, let's go to ICO))))
me i almost quitting the icos because all i join some campaigns they dont give me salary. majority icos now are scam thats why im very lazy now to post and do the weekly task for my ico.
yap, it can be said that many people who do not want to invest in an ICO anymore because they invest the money they have on Project Scam. so many projects are scam out there, because of that, we have to be careful. reasonable if they want to stop because they accept it, but it is a risk that needs to be noticed.
Some awesome points here. I think it's fair to say not everyone who makes project is legit. But thorough investigations is important. Before investing I always try to protect my money or investment before any profit.
me i almost quitting the icos because all i join some campaigns they dont give me salary. majority icos now are scam thats why im very lazy now to post and do the weekly task for my ico.
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'
You are absolutely right. Recently I have also noticed a massive surge in the number of ICOs. Unfortunately, the quality has been going down at the same time. Most of the developers and the promoters are only interested in quick profits from the ICO sales.
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 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'
Well, I quite agree with you. I can say your point of view is right. I've been working (bounties) in several ICO project, and those lists are the facts.
Right now, I still have a hope for ICO. The important thing is, I have to do a deep analysis of ICO project before joining. I carefully choosing ICO which have a real team background, a solving idea and of course a working product.
This is your perspective and im not against it. Yet, for me, some ICOs facilitate American state a good deal. In spite of the very fact that I dont really contributed on them and simply got my tokens from bounties. a little of the factor you stick pointed is very valid and moreover in watch. notably with this "numerous ICOs", and affirmative there square measure such an oversized range of ICOs existing currently within the market and by one means that or another its exceptionally befuddling wherever to contribute. we tend to cant to boot separate that one among them could be a trick. Its overwhelming majority is very a real venture that have their guide that attract various speculators. this is often a surprising half being embrace during this ICOs. thus I figure by one means that or another I will feel your suppositions.
Well, I agreed with your view about ICO and situation around them, I myself had problems because of "whales", I invested some money and waited around 4 - 5 months till this coin will be listed at least somewhere, but when it happened I wasn't able to sell them (had personal problems) and after just two weeks, when I decided to sell them, price already down to ICO price, maybe even lower.
Everybody has different styles and techniques in investing some money on ICO. Youre the one to decide which you can gain enormous profit, I know the prices for now is decreasing and we are in a hurry to sell and thats the bad idea ,maybe the time is not enough ,you rather extend time to recover on its great value in order to avoid losses.Don't lose hope we can do great for the project they supported just having patience. 
Well, I agreed with your view about ICO and situation around them, I myself had problems because of "whales", I invested some money and waited around 4 - 5 months till this coin will be listed at least somewhere, but when it happened I wasn't able to sell them (had personal problems) and after just two weeks, when I decided to sell them, price already down to ICO price, maybe even lower.
As far as I know, now even the best ICO practically collect nothing. Since the cryptocurrency market is in the stage of stagnation. But the situation can change in one moment.
this is my story....
I do not like ICO from the start, I think a lot of unhealthy, but I like money, I choose to be bounty hunters and also put up the bottom net after ICO market release, and sell it when prices soar. But that does not mean I never participated in ICO as an Investor, this thing I did in ICO Hedge (HDG) but the profit is not much, bigger profit I get from Bounty and buy in market, Token price when release always dump. this is because many Bounty participants who want instant money.
Without research if some person is going into this ICO thing, believe me he may be encountering with so much big losses. But here is the issue, when people come to know about bitcoins and they heard different successful stories of how people made best of money from little investments in bitcoins, they just leave everything and only focus to earn money, which is really immature. I do not like ICO from the start, I think a lot of unhealthy, but I like money, I choose to be bounty hunters and also put up the bottom net after ICO market release, and sell it when prices soar. But that does not mean I never participated in ICO as an Investor, this thing I did in ICO Hedge (HDG) but the profit is not much, bigger profit I get from Bounty and buy in market, Token price when release always dump. this is because many Bounty participants who want instant money.
I'm not. I think that depend on the ICO we are entering. I think better to ask, research, question and etc. Do some background check of the ICO before joining, to see if its scam. Entering to ICO is one of the best option to profit.
Not all ICO's are successful. Some of them are failed of their campaign but as early the bounty manager will inform all his worker that the campaign is not successful so that the worker will never waste their time waiting for the losser campaign. In your case you have your money to invest its a good decission but like us that dont have money we are working in a good ICO to earn and gain.
we should be able to choose which ico we think is good and can provide benefits to our investment. although this is not easy to do. but we have to do our own research.
There are some risks, but I think there are still some projects which worth investing
Not all ICO's are successful. Some of them are failed of their campaign but as early the bounty manager will inform all his worker that the campaign is not successful so that the worker will never waste their time waiting for the losser campaign. In your case you have your money to invest its a good decission but like us that dont have money we are working in a good ICO to earn and gain.
we should be able to choose which ico we think is good and can provide benefits to our investment. although this is not easy to do. but we have to do our own research.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.
5 ETH is not so much. You need to analyze the ICO where you are investing in. At first, look at the team members, who they are. At second, their project must yield profits. In this case, the price of token you've bought will soar.
many people will think like that. but largely they are not quit from ico, because ico still make profit for us and stay stand although they are not develop their project, or having the same product each other (like duplicate).
people here just wnat to take the advantages of cryptocurrent as digital asset, when they said 'when lambo' their brain just full of money and never think about the other. and im the one the other people that use this situation, and take profit from here. as long as it illegal it is no problem
people here just wnat to take the advantages of cryptocurrent as digital asset, when they said 'when lambo' their brain just full of money and never think about the other. and im the one the other people that use this situation, and take profit from here. as long as it illegal it is no problem
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