I haven't heard much about ICOs these days. Seems the era is phasing out. Seriously, ICOs should be regulated and an embargo placed on projects to make sure they deliver on their ICO promises. Most projects to raise funds on ICO and just zoom off ie never get to list on any exchange.
They are about to be exterminated since the investors are changing the ways now and point of view about ICOs. It's hard to change it right now after the saddest year that we've been. Despite of bad market for ICO, there's still another door opening for IEO which is still as good as ICO but there's a guarantee for the token listing. 
Topic: Why ICO isn't recommended earning site ? (Read 14780 times)
I haven't heard much about ICOs these days. Seems the era is phasing out. Seriously, ICOs should be regulated and an embargo placed on projects to make sure they deliver on their ICO promises. Most projects to raise funds on ICO and just zoom off ie never get to list on any exchange.
ICOs are no longer worth it because they failed to fulfill the reason why they were created thereby making IEO to attract more investors on daily basis. By investing in IEO investors no longer worry about the exchange the project will list on etc.
That's the advantage of IEO, there will be assurance that the token will be tradable after the sale. While the ICOs, most of them failed and after the sale it's just about the dev willing to list the token to a good exchange. If ever they list it somewhere, it's about time for them to step out to the project and take the cash with them. The worse part, is that the project can't even be traced because it's a scam. 
1. Low Profit
If speaking of profits, surely every profit will be different in each project we invest. It can be low or high, depending on how the project is.2. Wasting Time
Indeed there are ICO projects like this and some are consistent from the start. Suppose they have determined the ICO period is 60 days, so that 60 days they did the ICO.3. Most of ICO are scam
This is the problem that is happening now. That there are many people who do not really believe in the ICO because there are very many ICO scams from 2018 to 2019.4. Most of ICO need KYC
If it is related to KYC, I might not want to give a long comment. Because some projects do require that for all investors who want to invest.
ICOs are no longer worth it because they failed to fulfill the reason why they were created thereby making IEO to attract more investors on daily basis. By investing in IEO investors no longer worry about the exchange the project will list on etc.
Investing in ICO is not for earning money. They are not the only way to fast earning money.
If you are thinking to invest in ICO, then you should already know what will the project gives to you. Is it beneficial or not?
yes real products that you have to see and they are already running and have great support. it will help us choose the ICO project. now there may be an IEO, but I don't think it's better than ICO. it's just like a scammer.If you are thinking to invest in ICO, then you should already know what will the project gives to you. Is it beneficial or not?
The difference with IEO is that its already being listed on exchangers once it launch which for ICO cant be done and also making yourself into
the list of buyers is too lit.
Well, ICOs had their time from which most projects developed good products and others scam investors. The truth is many of ICO projects scam investors, yet to list nor showcase any good products thus the reason why IEO is over shadowing the entire market. In IEOs, there is no need to worry about listing nor scam unlike in ICO.
Investing in ICO is not for earning money. They are not the only way to fast earning money.
If you are thinking to invest in ICO, then you should already know what will the project gives to you. Is it beneficial or not?
If you are thinking to invest in ICO, then you should already know what will the project gives to you. Is it beneficial or not?
You are right, there is no ROI anymore in ICOs. When I see projects talking about doing ICOs I really don't take them serious anymore because it's already presumed that that it will fail.
I do not agree with you my friend. Have you seen recent IEOs that took place on Binance or Huobi? All of them got at least x10 from the token sale price, so token sales are still profitable, you just need to search for great projects.
Participating in an ICO is such big loss for now if you not really got knowledge in crypto investments. Investors tend to loss their money, but if you knowledge enough with this matter. There will be no problem because few projects are still legit. After listing the price goes up, but you make sure to sell at the right time. The worse case here is that projects is having a bad time when it is already in exchanges.
I have never treated ICO as an opportunity to earn, but rather as an investment in an interesting project, so I carefully studied the options, in the end, now I am in the black.
ICOs were a very good instrument in 2017. Easy money, fast profits etc. Now it's quite difficult to earn here. IEOs gave a second wind to this market lately, but this is not enough for me to get back here. Not now, maybe when the bull market comes back.
KYC, Extension is not a problem, because it is needed when scammers are trying to steal or compromise your portfolio and extension happens because of the bear market. But the main problem is scam and cheating! Some successful ICO project cheated with the community after reaching the softcap, after months of sale, when they reach soft cap, they brought excuse and suggest investors take back money when ETH price was down 60% already! Therefore, 90% of ICOs are scam or semi-scam and shit, then why people recommend this garbage anymore? People should support only the real project!
All of us on this forum need ICOs or ther altcoins. Why? Because they are giving us money for promotions, here, on this forum or on other social media sites.
We could love Bitcoin, but think also about the market that is around altcoins and ICOs, that is a market where we are earning more Bitcoins.
We could love Bitcoin, but think also about the market that is around altcoins and ICOs, that is a market where we are earning more Bitcoins.
A lot of market participants behave irrationally time and time again, so the reason for speculative action in the wake of an ICO or IEO is not always the project team's greed, unreliability etc., but the consistent tendency of some people to hope to capitalize on outsized profits in short time frames...
Just want to comment out that ICO is just a waste of time, for whom? for those who are promoting it? or for the team that is doing their best to make their roadmap happen? I guess for a crypto enthusiast, if they really want to achieve something, then time might be a good investment. No negative implications it can bring.
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 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.
Most of them are scam or if not they would just be dump when they hit the exchange, They couldn't even reach their ICO price when they got listed.
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.
Its sort of little profit to nothing these days. I advise before investing to it, make sure that you are ready to lose with that money.Its rare nowadays to find those ICOs thats likely to hit the soft or hard cap. Like the OP said, many today will just waste your time and probably scam you.
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.
All the reasons that you have listed, it is because of them that no one invests in ICO. I think that in the future there will also not be much interest in ICO, as now STO and ITE are becoming more and more popular.
The bad reputation of ICO was because of the countless projects that were launched ending up bad, screwing numerous investors. And giving your money to these projects is like forgetting that you have invested because you don't know when will it return, if ever it will return. Crowdfunding projects are not a sure thing for your profit. Let's admit this fact. So basically, it is not really an earning investment.
We know that investment has risks. The risk is the amount of money you invest. If you want to follow an investment, we should look for a clear path. Like Binance lauchpad who always managed to present quality ICO through exchanger.
All the reasons that you have listed, it is because of them that no one invests in ICO. I think that in the future there will also not be much interest in ICO, as now STO and ITE are becoming more and more popular.
This is not true for all ICO projects. Many people earned huge returns investing in ICO but that's not to say they aren't trash ICOs that end up being a bad investment.
Yeah your right, participating in an ICO is such big loss for now if you not really got knowledge in crypto investment. Buyers tend to loss their money, but if you are good in this matter. No problem because few projects are still legit. After listing the price goes up, but you make sure to sell at the right time. Some project collapse after hitting an exchange, worst scenario.
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.
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.
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.
The reason so many investors are having I'll feelings about ICO, is perhaps because they have been cajoled into investing in scam ICOs.
I think we all need to be care, most especially those still interested in investing in ICO and even coins that gave been listed.
Never try to invest all your life savings.
I think we all need to be care, most especially those still interested in investing in ICO and even coins that gave been listed.
Never try to invest all your life savings.
"and identity theft can cost you much, much more than $25."
At some point I really believe this could happen when you randomly give your private information to anyone. One example is i have an account on Hitbtc for trading and somehow it was logged in by people whom I don't know. It was logged in from malaysia and the fact I did not even got there was a sign that it was hacked. It was when I keep on going to any sites filling up forms and giving away my information. The good new is I don't use that account again to trade and there was nothing in there to begin with. Some ICO's out there that uses account or log in information might have yours also, this was the case for me since I don't really change my password one at a time, most of them are the same. But I have learned my lessons and it's different for different kinds of sites.
You should not participate in ICO, where KYC is demanded from you. Developers do not provide personal information about themselves with the display of their real documents, so why should investors do this? We do not buy shares of the company, we buy tokens that have signs of currency. You do not show your passport when you withdraw cash from an ATM.
It came into the point that mostly ICO's now are asking KYC to the investors and also for bounty hunters. It won't be bad actually if they are using our identity just to caught scammers, the only problem with that if our KYC will be used into other illegal activities which mostly we worried for. If we are not comfortable in doing these, then there is no need to force our self and find some other ICO. 
The insecurity and reliability of having an ICO, or even investing in it to make it worth some value are the most concerned points about why ICOs are not recommended as earning sites.
Since they are mostly new coins, you can not be asured they will eventually grow or die. Based on those speculations you will be much of afraid on accepting that ICOs are a worth coin keeping your eyes for or even waste some of your money on them.
Since they are mostly new coins, you can not be asured they will eventually grow or die. Based on those speculations you will be much of afraid on accepting that ICOs are a worth coin keeping your eyes for or even waste some of your money on them.
You should not participate in ICO, where KYC is demanded from you. Developers do not provide personal information about themselves with the display of their real documents, so why should investors do this? We do not buy shares of the company, we buy tokens that have signs of currency. You do not show your passport when you withdraw cash from an ATM.
If you put your hope on ICO as a source of income, you will actually be frustrated at the end because you might end up losing all the money you would have invested in something else to one fake ICO company who comes up with fake promises that will never be achieved yet this companies still stress you to carry out KYC as though they are real and will have something good to deliver, but the end is always opposite of the expectation.
People who invest in ico's are people who loves to give away free money.. that's just what it is... I don't see ico as a way of earning extra cash, not at all
People who invested in ethereum's ico and sold at peak are rich. Investors are looking for something like this which will make them rich one day, it is not like giving away money. You can't really think that every project will fail and investors will lose.
Without experience, it is extremely difficult to find a legitimate and lively ICO with a professional team that follows the true intentions outlined in the technical paper. For this, it is important not only to understand the project, but also to be confident in the people who manage the project. Which is definitely not an easy task.
Quote
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.
IEO team have to well scrutinize and the project checked to avoid empty promises, otherwise the reputation of the exchange that conducted it will be at stake. Recently bittrex exchange had to cancel their first IEO because of the last minute discovery, which they had to stop for integrity sake. How many exchanges would be professional enough about this?
People who invest in ico's are people who loves to give away free money.. that's just what it is... I don't see ico as a way of earning extra cash, not at all
ICO need a rest because the ICO a lot of ICO are scam. The information being listed is really true and I hope ICO will have legit project.
The worst in ICo after you submit your information or KYC they become scam and you will be worry because maybe in the future they will use the information to scam other people so be careful when you want to join to the ICO so you can avoid the scam project.
The worst in ICo after you submit your information or KYC they become scam and you will be worry because maybe in the future they will use the information to scam other people so be careful when you want to join to the ICO so you can avoid the scam project.
Most of the people doesn't even think if there are so many reasons on why did ICO is the best place to find quick money. But its so hard right now.
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.
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.
First, ICO is not an earning site, or a site.
ICO means Initial coin offering, they can do it on a private or a public sale, or even both.
The KYC is not bad, but depends on the project because if you trust them you will comply with the KYC, they are just doing it because they are required to do so, especially if they are regulated and when they are, it's also good for investors as they will be protected.
ICO means Initial coin offering, they can do it on a private or a public sale, or even both.
The KYC is not bad, but depends on the project because if you trust them you will comply with the KYC, they are just doing it because they are required to do so, especially if they are regulated and when they are, it's also good for investors as they will be protected.
You might be right, many ICO are fail or even scam, and the price after listing is below ICO price. But it doesn't mean every single ICO are in the same way, many of them also succeed and the price after listing are 2-10x it's ICO price. The quality of the project showing their value, do some research before you're investing into something.
Many ICO earning depends on the potential of the project and does not depends on the price of bitcoin at the time, because even in the presence of a heavy price dump in bitcoin good projects still succeeded such project as ripple. The best way not to lose is to study and understand the project you are holding they coin.
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.
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.
Strict regulations imposed on ICOs leads into implementation of KYC to it's users. That's normal to those "registered companies". Somehow it will minimized the risk of being sh*t although as a whole, ICO industry is not that interesting today so giving out identity's is not worth at stake.
As a bottom line, try to think outside the box of some ways to get profit in cryptos without engaging into ICOs. That's not really an advisable thing to do especially for newbies. Do not test the waters until you don't understand the risks of putting money here.
Another member was asking yesterday for good ICOs and in the replies many good answers were given: https://bitcointalksearch.org/topic/2019-icos-5118550
I mentioned an interesting article about marketing "strategies" of ICOs how to cheat their rating on ICO rating-websites. It's surprising how easy you can change a scam project into a very well-rated project when you are paying some ETH: https://medium.com/alethena/this-is-how-easy-it-is-to-buy-ico-ratings-an-investigation-13d07e987394
ICO rating websites are the worst place to evaluate ICOs, maybe it's a sign for scam ICOs if they have a good rating there.
I mentioned an interesting article about marketing "strategies" of ICOs how to cheat their rating on ICO rating-websites. It's surprising how easy you can change a scam project into a very well-rated project when you are paying some ETH: https://medium.com/alethena/this-is-how-easy-it-is-to-buy-ico-ratings-an-investigation-13d07e987394
ICO rating websites are the worst place to evaluate ICOs, maybe it's a sign for scam ICOs if they have a good rating there.
Even though if you find a good project it will take lot of time to reap your profits.
That is why every veteran or expert in cryptocurrency analysis would always advice you to have patient.You can just expect a coin to multiple with out giving it some required timing
We can see the reality of new crypto projects so it is nit the right time to invest on it because we may lose our money as well.
Even though if you find a good project it will take lot of time to reap your profits.
Even though if you find a good project it will take lot of time to reap your profits.
Its true that ico projects takes time to coclude token sale and most times distribution, but I doubt that is at problem at all, you must understand thats how they work and only focus on the success of the project, and that's in the aspect of low profit as you mentioned, I do not think anyone would bother about time wasting if the projects comes on an exchange and is above ico price,but sadly it hardly ever happens
It's just that people are already losing interest and trust on ICO as they lose their money and got scammed. I think people had learned the lesson and won't trust again in any of those even it's change from ICO to STO. A total BS.
Me either or mainly BTC, don't wanna give my money to icos that in the end they're the one who have good life,lol!
I'm personally just DCAing into larger alts and BTC.
Me either or mainly BTC, don't wanna give my money to icos that in the end they're the one who have good life,lol!
Submitting KYC for sites other than ICOs can be dangerous as well, with one example being the Blockchain.info $25 XLM giveaway. $25 might seem pretty attractive considering all you have to do is submit a few documents, and there's a relatively low chance your information will ever be sold and/or leaked, but that chance is still there and identity theft can cost you much, much more than $25.
Besides that, we're in still in a bear market. A lot of projects have failed and will continue to fail in these market conditions; really not a great time to invest in ICOs and newer projects as a whole imo. I'm personally just DCAing into larger alts and BTC.
Besides that, we're in still in a bear market. A lot of projects have failed and will continue to fail in these market conditions; really not a great time to invest in ICOs and newer projects as a whole imo. I'm personally just DCAing into larger alts and BTC.
Back to the days on 2016-2017 where ICO are much of the hype and talk. But they were gone now and it's true that most of them are scammy and sketchy that are just filling their pockets through the idea of ICO.
And the idea of investing to ICO will surely give you tremendous return has been changed. Before, the belief of investing into such will give you decent profit but this is the reality ICOs are no longer profitable unless it's true and has legit business relations.
And the idea of investing to ICO will surely give you tremendous return has been changed. Before, the belief of investing into such will give you decent profit but this is the reality ICOs are no longer profitable unless it's true and has legit business relations.
I think this topic is strictly relatives. In general almost any investment is not free from risk, and ICO is just one of them which has a very high risk. As you pointed out on your last sentence, there's some ICO which is good and have a great future, but finding them in this bear market is insanely difficult. Like finding a needle in a haystack.
I think any sane person should know that we should only invest what we can afford to lose, so you should not throw your money around.
I think any sane person should know that we should only invest what we can afford to lose, so you should not throw your money around.
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.
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