Topic: Why ICO isn't recommended earning site ? - page 2. (Read 14795 times)
ICO can be an additional way of earning but not the main and you may afford to spend some money for investing - only a little part from your savings or income.
I hope you can understand my bad grammar and bad english
When Bitcoin price idump, its difficult to get profit in ICO and some of ICO is fail.
This is reason why ICO isn't recommended to earning.
1. Low Profit
Most of ICO when their token listed in Market/Exchange, that price is always under ICO price. There are 2 ways to escape. Sell with low price and small loss or Hold and wait their price pump.
2. Wasting Time
Every ICO have time to open their token sale. They will close their token sale if hit their target. Some of token sale is take up 30,45 or 90 days. Some of ICO will not stoo their token sale if not hit target. After recieved tokens, they need to listing in exchange so, you must wait again. Better if they not lock that token long time.
3. Most of ICO are scam
Its difficult to see good and real ICO. You can't predict what ICO will giving huge profit and success. Not all success ICO is trusted, they can scam too.
4. Most of ICO need KYC
Some ICO is need KYC to make their security save from buyers. But, giving your identity its dangerous and not all ICO will keep save your Identity safe.
That's only my reason why i didn't trust some ICO again.
Your last point I guess is not necessarily should be consider about the negatives that ICO is exhibiting in the market. ICO having KYC procedures are not that bad and misleading, there are much of the projects that requires KYC that is intended solely to verify its member, either investors or advertisers. In that case, I don't see any negative implication that KYC can bring.
the recommended earning site can not be an ICO as they are trying to raise funds for a project yet to be executed and that alone makes the funds committed to that project look like a lock-in of cash for a while and also under probability and that is not a recommended earning business prospect for an income earner
Unfortunately, there are very few good ICO projects at present. This is because people have seen that money can be made easy from scams. They fool the investors. Investors invest in a ghost project that is presented as a good project.
We have to find a solution to this forum for redefining the scam projects that are promoted on this site.
We have to find a solution to this forum for redefining the scam projects that are promoted on this site.
indeed ico mostly doesn't give profit for now, but some of ico I know still offer decent profit, but the problem seems like almost all crowdfunding these days are using KYC: ICO, STO, ITO, IEO must use KYC but honestly it's very risky because we don't know whether our personal data is guaranteed secure
We have experienced not our best times during the last 18 months. There were so much scam projects, tokens have lost around 90 percent of their value, so it is no wonder that ICOs were not recommended, because no ICO brought good profit.
For now it is true that ICO lacks trust anymore. Because the reason is indeed difficult to find ICO which is really good for making investment a profit. Of all existing ICOs, there may still be some that can be profitable. But if you want to invest, of course it's very rushed, because there are still many ScoC projects and everything is in your hands if you want to invest.
I think the reason why they not recommend the ICO as earning site because we all know it is risky, not full develop products or projects and some of the project are scam thats why we need to be vigilant and to be censorious.
That's true we know how risky is the cryptocurrency investment but as long we know how we manage it will be good, ICO is not good for earnings because it's not easy to know what is scam or not so better to make a deeply research before we invest or participate in any ICO. I think the reason why they not recommend the ICO as earning site because we all know it is risky, not full develop products or projects and some of the project are scam thats why we need to be vigilant and to be censorious.
That's true we know how risky is the cryptocurrency investment but as long we know how we manage it will be good, ICO is not good for earnings because it's not easy to know what is scam or not so better to make a deeply research before we invest or participate in any ICO. 
Not useful topic at all. ICO's isn't belongs to earning site, ICO's is a project that are raising fund from people's. And for people's ICO's is a investment project. You will not able to earn from ICO's directly. You will won tokens and you are the owner of that. You will only be able to trade it on digital exchange (if listed on exchange). So we really can't called it earning site.
My suggestion, better to stay away from ICO's now. Most of them are scam.
Very well said. ICO is definitely not an earning site. ICO is meant for us people for them to release a new crypto currency or their token in exchange for other crypto currency of fiat. And more than that, ICO is not recommended as an earning site because it is only used by start-ups to bypass the rigorous and regulated capital-raising process required by the venture capitalists or banks. And just like what you have said buddy, nowadays most ICO are turning to be scam. I am not saying that people should avoid them but what they should do is be more aware and be careful in joining and participating in the different ICO here in your crypto community. My suggestion, better to stay away from ICO's now. Most of them are scam.
I don’t consider these reasons to be problematic since ICO’s failures are a lack of funds on the cryptocurrency market itself, and it’s precisely for this that many projects fail to also closely consider the issue of fraud if these problems are solved, of course, the flow of investments will go
ICOs have relatively became a new phenomenon but have quickly become a dominant topic of discussion within the blockchain community. As we can see, most of the people here didn’t agree that ICOs are earning site or even been a site. Because if people are also aware, they know that ICOs are a fundraising mechanism of a certain project where they will sell their underlying crypto tokens in exchange for other crypto currencies such as bitcoin or any other.
Nowadays, I have been notice how it is hard to join ICO because of many scam ICOs that have been happening in our crypto community. So better to be much more prepared and cautious in the different ICO around us.
Nowadays, I have been notice how it is hard to join ICO because of many scam ICOs that have been happening in our crypto community. So better to be much more prepared and cautious in the different ICO around us.
I disagree with you almost in everything. First of all, the most ICOs are not scams and they are giving a good profit. If you are a beginner investor that is taking part in ICOs without checking anything you will waste your time and probably enter a scam project.
investing in ICOs has become more or less just another way of gambling, the sad part is that the time you need to spend searching for an ICO that might could be both legit and successful is probably better invested in doing anything else you're good at.
Yeah, thinking that way is very unfortunate to the investors in an ICO, they have to make sure what is the real deal putting your money in a good way or not. Moreover, the coin/token price after ICOs became too cheap. It is very risky for the investors to put money there especially if the project seem dead after a couple of month because of lack of team works.It is advisable to invest something that you won't mind if you lose it in near future. I would prefer to invest in Bitcoin instead of any ICO that are new in the cryptocurrency world because for sure it will get you profit at anytime when bullish market come.
I hope you can understand my bad grammar and bad english
When Bitcoin price idump, its difficult to get profit in ICO and some of ICO is fail.
This is reason why ICO isn't recommended to earning.
1. Low Profit
Most of ICO when their token listed in Market/Exchange, that price is always under ICO price. There are 2 ways to escape. Sell with low price and small loss or Hold and wait their price pump.
2. Wasting Time
Every ICO have time to open their token sale. They will close their token sale if hit their target. Some of token sale is take up 30,45 or 90 days. Some of ICO will not stoo their token sale if not hit target. After recieved tokens, they need to listing in exchange so, you must wait again. Better if they not lock that token long time.
3. Most of ICO are scam
Its difficult to see good and real ICO. You can't predict what ICO will giving huge profit and success. Not all success ICO is trusted, they can scam too.
4. Most of ICO need KYC
Some ICO is need KYC to make their security save from buyers. But, giving your identity its dangerous and not all ICO will keep save your Identity safe.
That's only my reason why i didn't trust some ICO again.
All of your points is very true, and I do agree, but I believe we now have the solutions. Binance and Bittrex has launch a program called Launchpad, this is to facilitate blockchain projects that are going to raise funds on ICO. As we all know that this concept is not new, some other exchange has been doing this before, but Binance and Bittrex is not just other exchanges, Binance has the most daily volume and Bittrex is fully regulated and monitored by the U.S so at the very least we don't need to worry if the ICO will turn into scam. And I believe Binance and Bittrex will filter so they don't list any coin from shitty project.
I definitely agree with you. A person who plans to invest doesn't want to join to a situation that he may be probably scammed or not going to earn. Eventhough there are some ico that was successful, the chance is not even good for investments since many of the ico are just fraud.
Initially, most ICOs where legit until scammers why were not in the system at the initial stage designed a strategy too to use in luring the innocent investors to bring their money, it was along the line this happened and was never at the beginning, if you look at most ICOs that started at the early stage, most of them are still pushing their projects and still in exchanges,.Hence, it is not that there are no good ICOs now, we have lots of them, just that they end up not meeting their hard cap again due to these scam activities and that is why IEO and STO are being introduced to curtail this.
Ico is not recommending as earning site because we csn possible high chance to lose our money conpared before who have a lot of ICO are really legit. There is a lot of diasdvatanges now of investing to the ICO so better to choose only the best ICO.
It is difficult to find good ICO projects because most of the current projects are landfills of scammers. If you really want to invest, you should choose to invest in STO and IEO because these are two new trends at this time. Maybe it will be very similar to ICO at the beginning but IEO and STO always occupy a lot of investors around the world, so making a big profit is only a matter of time. 
I hope you can understand my bad grammar and bad english
When Bitcoin price idump, its difficult to get profit in ICO and some of ICO is fail.
This is reason why ICO isn't recommended to earning.
1. Low Profit
Most of ICO when their token listed in Market/Exchange, that price is always under ICO price. There are 2 ways to escape. Sell with low price and small loss or Hold and wait their price pump.
2. Wasting Time
Every ICO have time to open their token sale. They will close their token sale if hit their target. Some of token sale is take up 30,45 or 90 days. Some of ICO will not stoo their token sale if not hit target. After recieved tokens, they need to listing in exchange so, you must wait again. Better if they not lock that token long time.
3. Most of ICO are scam
Its difficult to see good and real ICO. You can't predict what ICO will giving huge profit and success. Not all success ICO is trusted, they can scam too.
4. Most of ICO need KYC
Some ICO is need KYC to make their security save from buyers. But, giving your identity its dangerous and not all ICO will keep save your Identity safe.
That's only my reason why i didn't trust some ICO again.
This is the current situation now, this is the reason, why it's so hard for a project to reach their softcap investors are now considering ICO as a good earning site or can be added to the investment portfolio unless something is done in the ICO then it will keep going on and people will not trust any ICO anymore.
agree with you
most of ico can't stand again their dumper when hit market or exchange
thats why better if you wanna join ico you should think twice
most of ico can't stand again their dumper when hit market or exchange
thats why better if you wanna join ico you should think twice
Investing in ICOs has changed drastically over the last months, making it almost impossible for a normal person to make profit from them. Back in 2017- early 2018 ICO was actually a very good and easy way to make profit out of investing in cryptocurrencies because almost every project that was launched had a purpose and they were not created just for profits. But nowadays, probably more than 70-80% of ICOs are created just for profits and they end up failing quickly after they start.
Jump to: