Topic: Why I am quitting ICO's - page 38. (Read 6126 times)

I got inactive too. There is a lot of hurdles to join ICOs nowadays and it quite tiring for me.
You have to do due diligence, join groups and campaign but still cannot join the crowdsale.

ICO investment is receiving great attention from the investment community, but I think it is important to analyze and research the ICO projects you are investing because there are many fraud projects. made up Many ICO projects call for capital to be too large and unreasonable, a factor that should be considered in eliminating such projects.

A lot of good comments here, it's true that ICOs have increasingly ambitious hard caps which leave little room for growth after funding. However, there is still money to be made, if you can find a gem with a good time, realistic hard cap and no obvious whale bonus.

Yeah maybe you,re right. But for me Intial coin offering (ICO) is not bad investing money. Because i always get triple profit on them. Yeah they are always put there list on etherdelta and idex. But they have roadmap maybe they do that for those who always panic about price down and cant wait to the roadmap. They dont know what is patience and hold. Weak hand always lose on this game

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. The part of due diligence and taking time to research well will make you focus on some specific ICOs irrespective of what other markets might be saying. I believe investing in ICOs is still very profitable.

A risk is always involved in the crypto market and without the risk, no profit can be gained. There can be a lot of wasted time for the money hungry investor if the most percentage of the ICOs he had invested or worked for has failed but if the certain investor is stubborn enough in a positive way maybe he can stumble upon a next Ethereum. I personally support the idea of the investment into unknown ICO that I believe in but I also fear of the possible bad outcome if I have entered into ICO project with a low knowledge and nonproper analyzation of the project.
Researching is the key for the beginning of the success!

many people are crazy about joining ICO, they think to get results from ICO. need to know also, many ICO under the guise of fraud as well. do not get too ambitious, think carefully first.

Well I agree firstly that investing in ICO projects is always risky, and that profit is not guaranteed like many newbies think. It is hard to find the most promising projects which are numbered. But in the other side, if you invest in the greatest ICOs you have the potential to make huge earning, and already many crypto users earned thousands of Dollars by investing in such projects.

Amen! I hope that more people will realize that sooner than later. ICOs are not helping to boost crypto-economy push adoption or provide us with valuable solutions or innovation.
We have too many ICOs, too many projects, and too very few ICOs applies the principles of independence, integrity, ethical conduct, due diligence or fair presentation.
I feel like ICOs are followed mainly by people who think that Bitcoin is too expensive and their magical ICO token will one day beat BTC... yeah right.

I think too fast development of cryptocurrency and ICO. The ICO scam has become more complex, because the profits generated by the ICO are huge. Because there is no explicit form with ICO project creation organizations, the investment risk is very high

I am ok with people leaving the ICOs... more space for me. But, yes, you should quit if you can´t tell a horse for a rabbit, because you´ll be getting mostly rabbits.

I think that your verdict about ICO is to generalized in fact not all of the ICO s are under performing in fact there are also ICO who do well  and many are benefited
Specially those ICO who’s working product are good,it is not about profit why I’m supporting ICO it about innovation there are working product that worth investing like about environment using renewable energy. Aside from profit  lets us think of usefulness of the working product that worth support.

same here,i have passed the opportunity to make great income last year as I focused on my daytrading and didnt listen to my friends that theres a good profit in participating ico.for a small investment you may gain multiple earnings.now i have invested in two ico hopefully will comes better at the end.

TS points are very well thought. though it doesnt mean there is no good project. you have to spent more time on analysis, that is the only solution. where else you find that returns? if out of 10 you win 2-3 great ones - that will do, i think 

People are being scammed by the owners of the company, they do the activities how other legit companies are doing. So these things make people confuse about choosing the right ICO to get more benefits. That's why we need regulations for ICO inorder to control these scams.

The only positive thing is that there will (probably) be a 2nd chance for those underperforming ICO's of lately. Once market goes up again and overall mc rises, chances are that those ICO's with actual (real world) potential will come out victorious with bigger gains compared to your ICO investment.

The only problem with this that others were able to buy in after ICO at exchanges for a much lower price

Agree about this, i tried 2 ICOs personally and very disappointed with the results.
People only get into ICOs for short term profit
Also after i dig deeply, 99% of them is crap
However, i'm still open minded about ICOs and willing to invest if its really really good
Just try to be more careful

I've seen this argument come up a few times (here and at other related topics).

Deciding to participate in an ICO and simply making a few coins by promoting an ICO are two different things. I have ample time to do both proper research and also to contribute in ways an upcoming project may benefit from (hence my participation in a few projects). I never said that I thought the projects/ICO's I did participate in weren't viable, only that some had such token metrics that it wasn't that weird after all to see prices tank once at exchanges. And based on that I quit participating in ICO crowdsales.

Me having a project in my sig doesn't change things. I still think there are great ICO's. I promote ICO's through means of a bounty program only when I feel they could become a great project later on (or at least I hope so). I simply decided to not participate in crowdsales anymore, unless maybe when I spot a real game changer. Not sure if my writings/actions are ironic or hypocritical per se, but I do get your point.

I mainly wanted to try and have a critical view on those non-scam ICO's, not the obvious scams. Among the non-scam ICO's there is a huge chance that if you participate in the regular crowdsale, you will see your investment going to almost zero once it has hit the exchanges. In that case maybe better to wait until listing, even if the research you have done (team, project, metrics, product, use-case and such) doesn't have any real red flags.

Weren't you able to extract many things to keep in mind when DYOR when it comes to ICO's? I think my TS contains quite a few pointers to take into account to decide whether an ICO will have any chance...

I started studying ICO only this year, and I plan to study this topic in more detail