Bitcoin Forum

Before an altcoins get launched, most times they must have been several funding phrase that the general public aren't allowed to participate in and some are done without anybody knowing which means there's always people that we're just enriching each time we buy newly launched tokens either from market or pre-sale.

Judging from what is happening in the market, it's very obvious that majority of the CEO are just after making money from the industry but they'll not tell you that instead they keep decieving everybody that they created the token to solve world problem meanwhile there's no utility of that project only just it been tradable.

While we Invest in project, we shouldn't blindly follow what the CEO are saying regarding their project, always make sure you research and have been convince based on the evidence you see that the projects is likely to succeed like roadmap, etc and not rely on what the CEO will say because everybody thinks theirs is the best and get clouded by emotions. There's so many altcoins, don't get too attached to anyone that you'll be blinded and not see what a scam they are before they exist scam.

You are right with these facts, indeed we should not rush in determining the altcoins to be released before knowing the prospects so far, you can review all their activities and the responses of other enthusiasts to the altcoins they will launch into the market. Because there are so many altcoins and almost every day there are projects that seem promising with the long term. Therefore, analyzing as much as possible needs to be done and what is certain is to at least master the basic techniques of how to analyze a new project.

Seed sale isn't for public as only well-known crypto company or well-established projects invest into that round as a partner and many of them don't want to reveal it for public domain.


Just depending on what CEO or team's saying or promising, isn't a good way to be an investor. Basic research is always required and we can find out good project by following best VCs or looking into great partnership.  ;)

Sale rounds that come before public sale aren't a secret or a new thing.
No one is hiding it. It's a well known fact that there's several rounds before it goes public. And those rounds are crucial as the projects need funding to have something to show once the public sale is live

Good point, While this is quite obvious surprisingly a lot of people don't really know this, CEO and team are obviously the ambassadors of the project and many times I have even seen the faces of these people are just hired for the sake of the popularity and actual working members are someone else. But people just see past projects or Work Experiences of these people and make the decision of investing in the projects. Talking about pre-ICO investments, those are actually healthy but what happens is that the investors who invested at this stage try to exit as soon as the token gets listed which can lead to a huge fall in prices of the token, as these people have brought at lower prices they are actually able to easily do this.

Majority of those specially the new projects, they're for it because of the money. But not all of the CEOs are like that, there are those that really want to push their projects because they're believing to what they're creating and later on will eventually gain traction due to their efforts. It's just that, it's really important to know the intention of the projects that you invest and you always have to look to those people behind the development to know if they're sincere or not.

A lot of things are happening in the cryptocurrency world where many investors do not know the exact reason to behind the establish of new coins all over the market with different promises for investors, making it add for one to know or identify a genuine coin. This act of self acclaimed making profits as a CEO through the cryptocurrency needs urgent scrutiny by the government cause if these continue, it will get to a point where the crypto market wouldn't be safe for everyone.

I'm hoping this would change every ICO perspectives, if they seen the project won't work out for the better of everybody; they shouldn't push their project. Once there's a possibility that discrepancies will come out, stopping the promotion and campaigns should be done to avoid wasting the efforts of every investors who've been part of the development. Transparency is very important in order for the reputation preservation.

I do believe with the project that got early backers that participated in the seed sale like coinbase venture capital, binance lab and many more rather than with what you're saying.
it seems like you're new lol. We have known that since a few years ago. The public will get at least BETA or ALPHA to prove that whether the project is worth or not.
Keep talking BS about that dude while I've been making decent amount of money from the various icos since a few years ago.

What the majority of Altcoin CEOs will not tell you is one or several of these:
a) They still live with their mothers, even if they are 40 years old.
b) They had awful grades and little qualifications and that is not because they were "so smart that could not fit in the system".
c) They have little intention of developing the project, they just want to finance their lifestyle.
d) No serious investor wanted to put even a dime on their ideas, so they decided to go crypto and take their chances with the retail stupid money.

So.. yeah, DYR but do the right type of research.

Do not worry about ICOs anymore. Why? because they are not a big thing anymore, there's only few projects that are still trying hard with their sale on that type of crowd fund.
It is mainly because the sales from ICOs have dropdead and there's no one that wants to invest with them anymore due to the fact that many scammers have stayed with that space. So the result, investors look at that space as a scammers den.