Bitcoin Forum

How many bought ETH just to join an ICO ?

I would rather wait for the tokens to come to exchange to buy them directly than buying during ICO.

If you mean minimum investment in ETH - well, it depends on dev team of ICO. Minimum can be set as 0.01 ETH and higher.

i would say the main catalyst for bitcoin's rise this year was people buying bitcoin to buy ethereum to buy icos.

if there hadn't have been any icos then bitcoin would be half or less of its current price and ethereum would be 20-30 bucks.

That sounds plausible.

Depends on how each ICO campaign is handled but usually the lower limit isn't that big. It could be 0.01 ETH or even lower. You should ask yourself how many tokens you're looking to receive and how you'd value them or use them. No real minimum in most cases.

Well the minimum of each ICO is different from ICO to ICO!
If you want to know what you have to invest to make profit or not, you have to do some research about the team behind the project. If its a good investment and has a great use case in the future, you should invest more ETH than on other ICOs.

as i understand you mean minimum investment in ICO
Well it depends on ico you can check there website and they will clearly mention about min. amount to invest but most of the ICO required min. 1 ETH to invest

Thanks
Regards

there is only a minimum limit and no maximum limit, so regardless you have eth all can be invested in ico. but you do not think about the benefits alone, understand also the risk of investing in ico.

Though I bought most of my ETH for ICO, the first time when I bought it, I wasn't aware it is being used as payment for ICOs.

I am holding Ethereums but not necessarily just for icos.  Not all icos are erc20 tokens and some only accept Bitcoins.  I keep both ETH and BTC because they can be exchanged to fiat very quickly. 

I think we have a lot of people that bought Ethereum just to participate in an ICO. I mean we have so many tokens that are coming out of nowhere. The most is of them will be scam, but I saw a lot with some nice use cases. I also bought some ETH to play some ICOs, but I also plan to hold that ETH bag for a while. We will have a nice future :D

They are just making eth people richer and richer.

but so much projects are still sprouting to be an eth token.
i just don't like the fact that you need something in your account, else, the tx will just be invalid.

depending on how many coins you want to buy, each ico has varying prices, at least you prepare 1 - 10 ether to buy the desired amount and no longer need to think about gas. Every ico I just set 0.5 - 1 ether, if the potential is good I will multiply it to touch hardcap.

I also bought some ETH to participate in potential ICO projects and I am sure if long-term investment in a potential ICO project will surely make a profit. In the future there will be many new ICO projects and keeping ETH right now is needed.

I do have some amount invested in ETH. But now whenever I need to invest in ICO, then only I buy some ETH leaving the already invested amount aside. Durin the recent drop, I bought some ETH for long term investment too. But usually what drives me to buy some ETH are ICO and this is the importance of utility which bitcoin lacks.

depend on what ICO but some good ICO like Centra I usually invest 10 ETH min. maybe more because I want 1 more card for my friend

Most of the time this is true. But there are also many investors who just directly buy ETH to join ICOs. The thing is that Bitcoin is readily available if people are using fiat to enter into crypto. That is why many passes through BTC first before entering into ETH and finally the ICOs.

each ICO implements its own rules as well as the minimum investment limit of ICO, there is a substantial minimum investment and there are also ICO investments that allow small investments ranging from 1 ETH and others. but before investing I hope to do an analysis of the ICO that became a place to invest

i have eth as an investment but i have also added to my position for the sole purpose of buying into icos

I think to join and invest in ico not too much if still do not have experience.
 1-5 eth is enough. Good luck

Guilty as charged, ETH by itself does not really excite me .

I also think that many people bought ETH purely for participating in ICOs. And this is a reason for its rise, as well as a reason for it falling during the big ICOs when people complain that the network is clogged and can't take the volumes.
ICOs aren't really the purpose of ETH, but I do think it's the driving factor in price at the moment.

Each ico has a different price so you have to know the price of ETH to buy ico first.

Till now, I usually exchange part of my Eth holdings for the selected ERC-20 tokens.....but soon, I may need to add some Eth to continue investing in the good ICOs that will be out there

I think to invest a certain amount of ethereum on a project do not do much if you still do not really understand,
and choosing a good ico is very important

Yes! That's exactly what I meant by 'Good ICOs'......I am referring to the ones that will 100% satisfy all requirements in the due diligence check list (project idea, feasibility, team, panel, distribution %, lock-in tokens, price, bounty program.....& many more)

I have bought ETH to get involved in an ICO, but I think people who are doing this should be very aware of the price of ETH and how it can greatly affect your investment.

I bought a double digits worth of ethereum and i got a decent return worth hundreds of ethereum from ico, But it depends on your self how many the amount of ethereum that you will afford to lose in there if the project gonna fail in the future. Because this was a pure speculation. 50% Yes:50% No

I hve bought some Ethereum, but not to participate in some ICOs. I am going to hold them.
The most times I invest in ICOs with my Bitcoins!

I only bought a few eth (less then 10) to join in some very hot ICO projects such as Kyber, generally, I would like to buy some cheap tokens just after the ICO is over since there are some panic investor or bounty hunters selling their tokens below the ICO price.

                    Well in my case i don't also think if somebody do this, but I bought ETH jsut for my own sake and not for ICOs existing, maybe it is also tempting to invest ETH in ICOs but just like the others keep saying it is better to wait till it comes to exchanges before I will buy coins directly. I jsut also let my ETH sleep for a while, and been reserving it just in case I will be in need someday, but hopefully not.

Well this year ICO using smart contracts and getting a lot investment were a showtime to eth, since its required those currencie to work with the smart contracts, some person told me that bitcoin can easy get those feature and incorporate more value as well, but eth is high due to the several ICO that keep coming.

yes,

now the most of ico's are overpriced if they are not scams.

looking at tokens after ico is a good idea because price is more cheap than ico price

Most of the ETH i had bought to buy different ICO's, but I also saw the opportunity of ETH being used by the masses to buy different ICO's and so bought some to sell when the price is high. Now I am doing the same and buying CFI, so when the masses adopt it, I will sell them.

But the people who are all invest on ICO will not profitable one every people. However, most of the ICO giving option to buy the tokens with the ETH alone not much with bitcoin since it is first and costliest crypto.
I am now waiting to get some tokens which I bought with the btc only. Now eth value also slightly increasing.

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I think you're right. Although since ETH hasn't produced a single popular DAPP or been adopted by anyone of importance the price might have remained even lower.

This is basically me, all the time. I only hold eth when I'm in between ICO positions.

But then, that's really what Ethereum is intended for. Eth wasn't envisioned as a currency or a store of value; rather, it was indended to serve as the gas that fuels smart contracts. ICOs are just that--smart contracts. And they raise money for appications that will eventually run on numerous smart contracts. That fact that ethereum has inflated so much is largely speculation; the real value in eth is in its ability to run the EVM.

i'm never interest to join in ICO, prefer for trading better than participate in ico program.

Off course theres are many people who buy eth to participate in an ICO since most ICO use erc20 token and eth platform to launch their tokens.

Yes I will buy ETH to join ICO since quite a number of ICOs are accepting ETH. Normally when ETH dip, I will buy more to keep for investing purpose.

Only traded a bit of btc for it, but it's hard to pick them ICOs.

I just bought my Ethereum to hold it! I am not going to invest ETH in ICOs, maybe in some really nice ICOs. Some that have great potential to make a nice bullrun in longterm! I am not the one that just kicks it all at an exchange launch!

Yeah i did it once , i think it is a nice achievement since i don't really like eth ;D

Most would have, as Ethereum's main application (or use case) is Token Sales.

I bought ethereum when it was only worth $16 and icos weren't really around (or at least weren't so popular). I sold ethereum when the ico craziness was around and am rather happy because of that. The coin is quite good but security problems are not so nice. I hope we'll see some improvement in a week after the switch to pos we've been waiting for.  Yet I think that as for an approximate amount of people buying eth solely for icos - it must be about 80% of all the purposes, because the price growth is mainly based on icos being built.

I'm Happy many of you bought this coin, but actually i didn't know about new comers on alt just busy on real life then never know about the alt, long life ETH
hope you going down  :-X  XD

It could be as minimum as 0.01 ethereum and it could be higher like 1 ethereum itself. It depends on the ICO managers and the roadmap that they have made. Some ICO are such that they are just for big investors who are able to put five to six ether straight into the ICO funds. However, you can always enrol into later stages of ICO where the price would be very much less for the ethereum buying of tokens.

$16 ?!  Wow.  Kudos to you.

I have for sure, however now it has become part of my portfolio. Hard not to buy when its below 280 IMO