Topic: Why I am quitting ICO's - page 35. (Read 6126 times)

I agree with you. Likewise here, I am just new to this ICOs and I am still trying to figure out which is better and what must be avoided. And thank you, I am going to learn and follow what you said in here.

Some Ico's once listed in theexchanges the team don't do anything to enhance their project. Investing an Ico's are not profitable these days so many frauds after they raised huge money. Only few I can say good and true to their words because they follow their roadmap and promise to workout the project.

I do not think it is not have profit . I do not like investing in ICOs because I see too many fraudulent projects. But if I choose a good campaign, I will invest.

Since I have no money to invest in any ICOs, nor have money to buy several altcoins, then might as well join campaigns that will give me altcoins without the hassles of thinking about the current trends in the market.

Investing in ICOs are not profitable anymore. When they are listed on exchanges, they don't do well.

Yes, your point of view is correct, I think 2018 ICO prices are falling, which found no ICO price is rising, perhaps because of the encryption market is very weak.

But I'm not going to give up ICO, I still invest in ICO.

Investing in Ico's these days are a huge risks, for the reasons of you mentioned failed to meet the hardcap. Failed to meet total amount invested by investors. Others are scams wanted to collect money and disappeared. So it is must to double check if a certain Ico is really worth to invest.

Most ICO's haven't borne fruit. Have a working product. Fairy tales.

it would be a big risk if investing in ico but ultimately ico failed to meet sales targets and eventually get a loss. but I'm not investing, I'm just a participant.

The whole point of crypto is strength through distribution so I really disagree with this idea of minimum investment of 30,000.   That excludes the smallest people, maybe their business plan is purely business to business commerce ?  It would make some sense in that respect otherwise I think some of these projects miss the point and momentum behind a good ICO is likely to come from the people, it has parallels to crowd funding but in a more secure way hopefully.

I think some of the price disappointment would link short term to the fall in ETH price itself.  A proper ICO will have its own market driving it though, not just be a speculative token.   That whole exchange perspective is short term driven and we see currently the market is negative short term.    I really hope ETH proves itself tied to business revenue and supported by it, more so then BTC can prove.   Hopefully 2018 gives new dynamics unfolding

I understand your decision. ICO's can go bad sometimes and the fact big investors are buying their coins, it will make it harder for us to get the bonus. What I don't like is that they are giving out huge bonuses for those who paid a lot of money. I know its a marketing strategy but I think they should at least balance it because it feels unfair if you are at the bottom looking up. There are even ICO's with a minimum investment of $30000. There is no way I can come up with that money.

Every person have their own experience and others people have different experience when they joining ICO. Some people join ICO because they can double their money when that coin/token entering market. Its really important thing to research about the project ICO and their team

Why are you disappointed when you have your project that you believed in. If you are not a scammer and you genuinely think that our software or project can be positive then you don't need to be disappointed.

There are still people who are willing to dole out their hard earn cash on ICO. I'm sure that doing your homework and proper investigation is being done by people who uses common sense here and not just listen to hype.

I suggest you continue with your project, hire marketing professional to spread the word around and I'm sure that you can still find investors around.

I'm a software developer. I thought, wow this is a great way to pre-sell some product. Then everyone started doing ICOs and it disappoints me because I don't have a marketing team. So now all these projects are getting money for projects that aren't even possible a lot of the time. There are good teams out there making real products, but you'll have to search for them. I was developing software before any of this started and I'm going to be watching all these pump and dump ICOs make and lose money and I'll still be here making my software. If I have to go back to uber driving I will. My project will finish because it was designed and is developed by a software engineer with a project that was always possible. I don't think people should quit ICOs. I think they should just stop investing in vaporware, pump and dumps and things the blockchain doesn't matter for, like AI and virtual reality. The blockchain is for record keeping. That is what it is good at. Look for projects that do blockchainy things like record keeping and look for projects run by software engineers. All of these projects that strictly talk about how they are going to burn coins and get on exchanges are obviously garbage. If you don't have a product or a reason to have a token then it is a pump and dump. You need to have some sort of service if you are a utility or some sort of asset if you are providing a trade. Otherwise we already have crypto currencies. Stop investing in things just because you see marketing everywhere. If you treat it like a casino then you'll lose like a casino. Use your head.

This is indeed interesting but people had different perceptions. Most of the people are awared of the risk on investing in ICOs due to the volatility in the market. But still, all ICOs are not the same. Some are earning huge profit from ICOs which definitely has different point of view as yours. ICOs are still profitable but if you choose on not to participate anymore, we can't do something about it.

At the end we are the ones who decide what to do with our money, however those that have bad experiences investing in new coins and new projects should probably think twice about investing again in those projects after all if they have been unable to choose a coin that becomes successful then it's probably because they lack the skills to distinguish a scam project from a legitimate one.

I also believe that Gambling website that is brought by developers using Bitcoin or any other sort of Altcoins or even tokens by ICO's are great before but it changed my perspective now because we all know that regulations of the Government regarding the usage of Internet itself are getting stronger and it will surely affect Cryptocurrencies and ICOs in no time and with that we can't do nothing if something happens unnecessarily.

it is quite true, it is difficult to find ideological people ready to go through all the ups and downs of the project. And the creators themselves are the main goal of money and not the idea

The last part of your article got me laughing   you captured the scenario vividly. Just like a telegram i am in, users in there keeps on shouting 'when Moon' 'when lambo'. Just this past week, the coin topped from 0.002 to 0.6 . Almost every members in the group went crazy everyone was shouting 'to the moon!' 'to the Moon'! Even members who are always silent where awaken. Then two days ago the coin went back  to 0.03, the group was silent . then it stuck me, people are in ICO just because of the money.

Your all points very good and these companies need to think about this if they want encourage investors because if this trend is not going to stop then these are all going in scrap and big opportunity going in vain this year I also have some massive losts in few ICO's and this is unrecoverable as these tokens going more down without any recovery chance we need some good teams and managements for doing good ideas and good ROI for all