Topic: Why I am quitting ICO's - page 40. (Read 6126 times)
Actually, I havent tried to join ICO projects, but one of my friends have tried it, and he actually find it good, but it just takes time. Todays, there were a lot of ICO projects competing in the market, and it seems that for it to be successful it requires support from the market. Then if this not succeed, it is bad from its members who have joined, so it is kinda risky for everyone wanting to be more profitable through joining in any ICO project.
I too want to quit investing in ICO, I only got few projects that are successful, most of my investment failed or was not able to follow their roadmap so nothing happened with my investment. So what i am planning is leave ICO but once the coin was listed in exchanges i'll buy tons of them while its new and price are still low. I think that way is better than investing in ICO because i can buy and sell it already in exchanges.
sometimes its possible to get the ico coins cheaper than ico price after their first listing on exchanges.... so why to participate in the icos with all the risks like scamming etc.............
Ico is good to invest in if you can actually make money if those projects will be listed in those big exchange and not on etherdelta and hitbtc were most thing that happened is dump and sell out of panic.
I don't think Ico itself is bad but what is bad is our attitude towards how this market work , no one want to invest in a project because he believes in the future of those project but just to sell for profits.
Yep, ICO is really good but there are so many scammers are trying to take advanage of ICO to scam people. They often create some ICO project with good WP, roadmap, good dev team and private deposit address is the most important thing I don't think Ico itself is bad but what is bad is our attitude towards how this market work , no one want to invest in a project because he believes in the future of those project but just to sell for profits.
. These project are often widely advertised and when they got enough money, they will disappear with all the money of investors 
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 do believe ico still have some future a head and its true we need to be peaky cause nearly 50% off all ico were fail in 2017. investing need a patient cause you may not get any profit at all even worse you might lose some. so be patient and keep searching the best ico. 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 still invest in ICOs, but it's getting boring to read whitepapers of projects with same concepts, copying ideas. Projects, in which advisors and team members try to sell themselves like street bazar.
Yes , usually those copy-cat project won't last for long and the reason they open the project for scamming purpose only. So stay away from all of them if you don't want to get scam.Yeah. We need to always look about their project because that can be the reason for us to know if the ICO is scam or not, don't be bored reading because knowing their background will help us to avoid scammers.
Well you points makes sense but still i have been able to make some good profits in some recent ICOs specially when you are able to invest in the Pre-ICO with huge discounts...most of the time i end up in the profit
Sorry for your bad experience with ICOs. I was planning on joining some myself when I can spare the Eth but based on your comments, it seems that it's a bad decision for now. Will have to look into other investments.
I still invest in ICOs, but it's getting boring to read whitepapers of projects with same concepts, copying ideas. Projects, in which advisors and team members try to sell themselves like street bazar.
Yes , usually those copy-cat project won't last for long and the reason they open the project for scamming purpose only. So stay away from all of them if you don't want to get scam.Yeah. We need to always look about their project because that can be the reason for us to know if the ICO is scam or not, don't be bored reading because knowing their background will help us to avoid scammers.
This "ICO" phenomenon is overhyped. This creates a lot of speculations that drive people crazy. People just buy and sell without researching and leads to their downfall. I hope you'll find another area in which you can succeed.
Yeah youre right people will quit ICO if they will not researchful at the same time bored to read the whitepaper.But a big opportunity will comes from ICO especially when you started to joined the differents campaign conducted like Twitter,Telegram,Translatin,Reddit ,Signature campaign and etc.
The way I see it most of the ICO are actually good projects but somehow they lack support from the market, maybe because there are lots of ICOs introduce and people can't avail to look over each of them. Another is that at this point in time the crypto market has just starting to grow even better and adopting those projects is quite too early to do for now. But time will come we'll sire embrace the crypto market and have these ICOs like a normal stuff in our economy.
you have your point but ICOs are still a good way to earn profit but of course you have to select the best ICOs. project needs funds that is why they have big hard cap and they need funds for their project to be done and implemented. and it takes months or years before their project to be considered successful. just research and select a good ICOs.
Maybe he was frustrated due to a lot of attempt to join ICO but was never paid him back of his hard work. Of course we also need to consider a lot of things, who is the owner the dev the manager the platform and other related things so that we will be sure about what we are entering at.
you have your point but ICOs are still a good way to earn profit but of course you have to select the best ICOs. project needs funds that is why they have big hard cap and they need funds for their project to be done and implemented. and it takes months or years before their project to be considered successful. just research and select a good ICOs.
ICO is a very good investment trend this year, it will be a pity if you give up this trend. ICO is receiving a lot of attention from investors because it brings a large profit due to the ICO sold out the token at the lowest price, after selling ICO successfully the crypto coins will be listed on the commercial and will greatly increase prices. That is why so many ICO projects are open so consider carefully before investing to avoid ICO scam projects.
Being just a bounty hunter will surely give my time and effort to ICO which means i am in contrast with you. You do have good reasons to quit since your statements make sense. Good luck for you and i would say good luck to me too as i continue to hunt for bounties.
I agree. The ICO craze is reaching its maximum. Everyone saw ICOs 40x'ing and what not last season. So naturally, everyone, both big and small investors, are trying to get in on the craze for the simple reason of dumping when the token or coin reaches a multiple in price.
And most ICOs are scams. You can argue this to death, but out of 100 ICOs, most are there for the hype and quick mass funding.
It's a bullet train to hell. Everyone who hasn't gotten off will end up splattered.
There's an exception to those few solid ICOs with great promise. But even those are pumped and dumped all the same.
We have not seen any ICO craze yet, I still believe that the craze this year would be more than the last years. However, we just have to see how this goes, while some keep doing well, some will still stall for a while. And most ICOs are scams. You can argue this to death, but out of 100 ICOs, most are there for the hype and quick mass funding.
It's a bullet train to hell. Everyone who hasn't gotten off will end up splattered.
There's an exception to those few solid ICOs with great promise. But even those are pumped and dumped all the same.
I have had to wonder if I made some wrong decisions before after investing in an ICO and seeing their value when listed on exchange, then I just believe that over time, since I trust holding the project, it should give a better return. The future of the project is what matters.
ICO's are good and they provide customers a chance for using their coins while at the same time promoting their projects or products as well. But one thing some ICOs become the so called scam is when they lose their projects because they were not able to convinced their potential clients. Goals that seemed to promise something not quite possible to attain repels customer and removes their trust on the project making it appear like a joke in the end. Because they cannot sustain with no market they lose the project and now appears as a scam because the promised ROI was not achieved and customers then dismiss them as such.
Unfortunately, that is the sad truth about ICOs, most are scam and it is hard to find new good ICO to invest.
I still invest in ICOs, but it's getting boring to read whitepapers of projects with same concepts, copying ideas. Projects, in which advisors and team members try to sell themselves like street bazar.
Yes , usually those copy-cat project won't last for long and the reason they open the project for scamming purpose only. So stay away from all of them if you don't want to get scam.
I still invest in ICOs, but it's getting boring to read whitepapers of projects with same concepts, copying ideas. Projects, in which advisors and team members try to sell themselves like street bazar.
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