Topic: Why ICO isn't recommended earning site ? - page 4. (Read 14780 times)
If you want to invest then you should wait for more longer because crypto grow up is so long time.
Your statement above is just a facts when it comes ICO's, that's why there are some ppl complaining about it afterwards. As what i see mostly are about the distribution which sometimes zero because of some scammers behind it and even its legit still worthless due to the circumstances of market. I hope ppl will see this post and become aware so that they are already knows the facts in the first place before putting contribution on some ICO's .
At this stage of the market, I think we should not participate in ICO projects because the risk of failure will be very high, I think people should join the IEO instead of ICO.
We have to be selective before placing your investment, you need to learned from previous events in order to pick good project to support, chances to select good project is too slim so better to make sure before doing any actions you already have a good knowledge within the market that you are workingwith your investment.
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.
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.
Beyond all of those risk, some ICO still give profit and there are still some good ICO in the market. Fetch and Bittorent was a huge one and those 2 are still in 2x and 6x higher then ICO price. Good days are coming. Another ICO which can probably be profitable is MetaCode. They have targeted to escrow all of the ICO fund. It's kind of STO and I think they are here with good intention.
You are right. ICO is not a good way to earn. I am not saying all ICOs could be lumped together as bad. There are a few good apples. But then the rest, around 90% I guess, are really bad. Either badly designed, planned, marketed, etc. or simply bad because they are scams right from the very beginning. Therefore, in order for one to earn through ICO investments, he or she has to be exceptional in terms of reviewing, researching, and analyzing. Otherwise, he or she better avoid investing in it. There is too much risk.
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If I got the token, I wouldn't wait too long to sell the token when it listed on the exchange because, after that, we will see the price will get dump too deep, and it's difficult to lift the price to the up of the ICO price. I don't want to lose the opportunity to make a profit, and after I sell, I will wait for a while to rebuy the token in the low price.
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.
Based on this post, ICO really look bad which is really true but investors still prefer to invest in ICO because there is a still a profit to be made here that is if you hit a jackpot on one ICO that manages to pull through or get into the market and get a lot of support from traders.
Most ICO are now been run by scammers and hungry men with a genuine intention. A good ICO should be able to device a tactics to prevent a massive dumping of their project after listing. And if they know listing in a bearish market will be disastrous for them, then they should postponed listing while they work on their project development, otherwise, let them refund investors money.
I agree with you . All ICOs are showing a lack of development in recent times and the ICO era will soon end this year when the IEO is increasingly attracting many investors in the world. I believe that scammers will have to leave this market because the IEO is becoming a new trend at this time and all investors may feel safer to invest in those IEO projects. 
I add one, it's hard to find a good ICO nowdays. There are so many new ICOs everyday and most of them are trash, useless project, only for quick bucks for the team project. Back then 2-3 years ago, ICO still makes profit but not anymore in this year.
Beyond all these factors earning is the priority. When something doesn't give a return on the investment, people won't give importance to the same. Years back ico's contributed a big market to the cryptocurrency network, later with the downfall of bitcoin everything came to an end. Same as that of bitcoin recovery is expected but this isn't that assured similar to bitcoin or the other top listed altcoins.
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.
We have to accept the reality that ICO is not the trend anymore wherein theres a little chance of getting profit. Number 3 is one of the example why people lost their confidence in investing to sales as most of them are scam and because of that legit ICOs are being compromised and will not hit their target. Nowadays it is very hard where to invest but if you hit the jackpot for sure you will get the most of it.
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.
I realized from recent events that people are looking for earnings in projects, and run wherever money is. Binance sales are proof of that, and they will continue until they lose. And in the end, ''any offer will be better than IEO''. lol
All of your points are negated by the fact that every now and then there's an ICO that is an obvious 5x and it usually works just as expected. Plenty of people made mad bucks on ICO-s.
Nowadays is popular to ask kyc but that isn't the reason.
the ONLY reason why they started asking for KYC was because ICOs started failing at some point and started falling apart. so they had to do something to keep it alive a little longer while add an additional method of making some extra money.
so they added KYC to look legit while they continue scamming people and then on top of it they sold all the KYC data on black market and make extra money from it.
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.
Or wait for working product. Don't expect project will blow over night, it is not going to happen.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.
Better is to lock token and unlock it after they release product. All you can get is dump after ICO because bounty hunters are selling tokens.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.
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.
Nowadays is popular to ask kyc but that isn't the reason. 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.
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.
My suggestion, better to stay away from ICO's now. Most of them are scam.
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