This is really a great article when it comes to the truth of ICO projects. These are not as great off-campus projects as people think. they only offer an attractive Whitepaper and entice investors to buy tokens and promise lots of things.
then they did not follow the promise, they left us and used the investor's money to develop another field.
Investors cannot control and cannot know where their money has gone.
There is too much risk in investing in ICO and I think we should leave it.
Topic: Why I am quitting ICO's - page 4. (Read 6126 times)
Maybe you did the right thing by leaving the ICO in early 2018. During this time, bounty hunters practically work in vain and there is almost no profit. In any case, you have lost almost nothing. It’s probably vacation time for bounty hunters, because now the ICO projects are more dead than alive. The remaining almost all try to deceive us, including by checking KYC after the end of the ICO.
well, maybe some people think that way because a lot of people join the hunter bounty, and haven't got paid yet. well, but I think, I will still look for ICO which I think has good prospects. well, I can't get out of the ICO just for that reason, because out there, there are still a lot of ICOs that are quite good in my opinion.
ICO's are to risky to investe into in this market, unless there's a working product, that can generate revenue. I prefer to join airdrops coins, where's there's a community behind the coin.
Maybe you did the right thing by leaving the ICO in early 2018. During this time, bounty hunters practically work in vain and there is almost no profit.
In any case, you have lost almost nothing. It’s probably vacation time for bounty hunters,
Year 2018 is not really that bad, there are still good bounty during the first half of the year. In any case, you have lost almost nothing. It’s probably vacation time for bounty hunters,
The pump happened during the first month of the year and that brings the price up, so investors are still seeing it a positive thing.
Maybe you are right that we need a little vacation as eventually price will go back up and bounty hunting will once again become exciting.
Maybe you did the right thing by leaving the ICO in early 2018. During this time, bounty hunters practically work in vain and there is almost no profit.
In any case, you have lost almost nothing. It’s probably vacation time for bounty hunters,
Year 2018 is not really that bad, there are still good bounty during the first half of the year. In any case, you have lost almost nothing. It’s probably vacation time for bounty hunters,
The pump happened during the first month of the year and that brings the price up, so investors are still seeing it a positive thing.
Maybe you are right that we need a little vacation as eventually price will go back up and bounty hunting will once again become exciting.
I do not trust ICOs nowadays because most of it are worthless project. Their only goal is to earn profit and they do not have care on their products. Most of the ICOs nowadays are doesn't have a improvement and development after they listed in exchanges.
right, they seemed to only collect money from investors, then go from responsibility. and that is what worsens the image of ico at this time. although not all ico like that, but the current conditions make many investors disappointed
Maybe you did the right thing by leaving the ICO in early 2018. During this time, bounty hunters practically work in vain and there is almost no profit. In any case, you have lost almost nothing. It’s probably vacation time for bounty hunters, because now the ICO projects are more dead than alive. The remaining almost all try to deceive us, including by checking KYC after the end of the ICO.
I do not trust ICOs nowadays because most of it are worthless project. Their only goal is to earn profit and they do not have care on their products. Most of the ICOs nowadays are doesn't have a improvement and development after they listed in exchanges.
right, they seemed to only collect money from investors, then go from responsibility. and that is what worsens the image of ico at this time. although not all ico like that, but the current conditions make many investors disappointed 
We don't know about hard cap or not reached by ICO project investment, look last month many ICO have success with hard cap target but why never listing their asset at exchange market, why is happen at ICO investment project for this year.
I do not trust ICOs nowadays because most of it are worthless project. Their only goal is to earn profit and they do not have care on their products. Most of the ICOs nowadays are doesn't have a improvement and development after they listed in exchanges.
Sometimes we try to distance ourselves from some problem, because we really don’t have the proper level of skills to solve it. The same goes for the ico market. Many investors have now left this field, but nevertheless there are always people who, even in this situation, manage to earn a lot of money on their investments.
As expected from the ICO. Too many of them divorced here and the consequences. As I said before, you should not invest there now. There is a big chance to burn out.
If you ask me i will tell you that i have no reason to quite, because i quite understand beforehand that "ICO can make one rich and at the same time can make one poor" this year i shall be down deep with ICO investment.
hence from that, there are now many investors who are less interested in investing in the ICO because of the many good ICOs, only a few percent are scam because they don't want to develop their coins.
And for that we must be clever in determining ICO who really have a great team in development and have desire to make their projects develop 
OP was written almost a year ago, now this whole ICO situation is even worse.
Pre 2017 there where few, just a few chances for a good project to be funded through crowd sale.
Most failed miserably, it's hard for me to watch all those ico topics of today. Milking a dead cow, if you ask me.
Sure, some newbies may catch the bait of easy profits but nobody serious, in their right mind will go fo that any more.
In my opinion ICO's always were scammy in nature and always will be. Besides smart contracts ruined this part of crypto even more.
It's just to damn easy, average Joe can make a landing site with flashy, fat promises and start crowd selling crap.
Sooner people realise this, the better for us all. Over saturation of altcoins market hides all the scams but eventually community will mature and those hypes will be over or so I hope.
Pre 2017 there where few, just a few chances for a good project to be funded through crowd sale.
Most failed miserably, it's hard for me to watch all those ico topics of today. Milking a dead cow, if you ask me.
Sure, some newbies may catch the bait of easy profits but nobody serious, in their right mind will go fo that any more.
In my opinion ICO's always were scammy in nature and always will be. Besides smart contracts ruined this part of crypto even more.
It's just to damn easy, average Joe can make a landing site with flashy, fat promises and start crowd selling crap.
Sooner people realise this, the better for us all. Over saturation of altcoins market hides all the scams but eventually community will mature and those hypes will be over or so I hope.
Interesting point of view.
I'm on exactly opposite end - I'm going deeper with ICO's this year.
Your points are pretty valid, but this mean you just need to be more peaky where you are investing. And I'm always and only buying during the pre-ico phase, avoiding those ICO's with massive pre-sale.
I'm on exactly opposite end - I'm going deeper with ICO's this year.
Your points are pretty valid, but this mean you just need to be more peaky where you are investing. And I'm always and only buying during the pre-ico phase, avoiding those ICO's with massive pre-sale.
Of course, now in my own opinion I don't think that this is valid enough for me to quit on ICOs, there are ICOs that are reliable out there, you really just have to be picky on finding the ICO that will fit you and your standards, and I don't think that the ICO would adjust onto you, you will be the one that will have to adjust on making your investments, I hope that after what you have said and what the community has responded to you would make your mind up and go back to investing in ICOs.
ICO were good at one time but these days it is very hard to find a good ICO. May be one out of 100 ICO is good and rest are all scam or made with the purpose of collecting money and do not focus on any coin development.
upd 30/01/2019
- ICO not working
- ICO not working
There are some ICOs that are really profitable especially with the team that are really hardworking for the success of their project and has good terms of the project as well. Lately, ICOs are being targeted by scammers and used them as a milking cow to gather funds for the fake projects and run away. So that is why many investors had lost their fate on ICO projects during last year.
Great valid points you have there well 2018 is not the year for ICO'S bear market still have a long to go before it ends. ICO'S must be strictly regulated to prevent people from scamming investors and to produced high quality projects.
Scams in the ICO caused a sense of disappointment from investors or bounty hunters, so many stopped or diverted to other options such as crypto trading.There are still many opportunities, but patience and luck are the determining factors because prices are still unstable and there are still many negative news circulating.
of all the points you mentioned, it's true but I can still accept it. which sometimes makes me feel tired is a process that sometimes is difficult.
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