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The ICO business has came to an end or finished right now. If you check in 2018 more than %80 ICO projects turned scam somehow. Millions of investor lost their money and there were no turning back. You can't complain to some where when you got scammed on web. So people have no beliefs to ICO's anymore.
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Nothing happens, usually the projects owners never want to talk about the failure and usually they escapes with the money. Unfortunately in 2018 i have seen that situation more than 100 time.. Only if the projects devs are good and kind persons, they would pay your investment back to you but it happens %10 projects.
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Ethereum would be a wise investment because its price already went down too much. Also you can go with the XYO, PCO, XLM, DOGE, FTT, TRON (those are my favorite coins). But the best thing to do make your own search, while you make researches you would learn something about the blockchain and cryptorurrency and it would help you in your next invests/trades.
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I think that was very unfortunate statament and a big man like Bill Gates never would talked something like that. If one day he launches a crypto project what would he say then i am curious. And also cryptocurrency is not something bad, if you really understand the system and know how to use it, it would be perfect for you.
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Is this the only one you got caught? I can tell you 100 bounty projects they never pay to the bounty hunters. For example Sonder ICO didn't paid to their bounty workers or the Repux. 2 weeks ago CargoCoin project stopped contact, lately we are having big problems with the Athero, in signature campaign i made around 1 BTC price (90.000 THO coins), 45 days we are still waiting. Also the telegram admins couldn't got paid as well. We are in the virtual world and we can not do anything when they don't pay us, this is our risk but this is very high one. In last 3 years i worked more than 500 bounty project and i could only got happy with 30 of them!
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We have worked very hard for the Athero project in months but after the ICO finishes and they collected nearly $20 millions, they just gone away. The telegram channel blocked for messages and we, bounty hunters never get replies. They promised to us to pay on 20th of February but there is no sound from them. It's been 45 days since the ICO finishes and our hopes is dying. We need help because we want our rights! I hope the devs turns back to us and pay our coins because we earned it..
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We have to take lessons from any bad situation and i believe that we had enough problems with ICO's and lots of people act very carefully today. We are carefully and lost our beliefs to the ICO's at the same time. I think this is very very hard to gain trust from people again, it is too late. The ICO business has came to an end unfortunately..
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I tell you about my strategy; i usually check the coinmarketcap everyday and find a coin which is red and lost in last 24 hours, (ofcourse the coin in TOP 50 list) i start trade it for 24 hours. Usually a coin in TOP 50 lists wouldn't lost more than 24 hours or more than %6-7 percent in normal market conditions.
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Yes, getting green and the prices would go higher like %4-5 and we all feel great. But after day or two the market usually turn red any start to fall. Our %5 profits would turn -%10 and this keeps going just like that. I can't see any bull run in near future. I hope that i am wrong..
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We already had the worst case scenario in the cryptocurrency market. If you remember 14 months ago the Bitcoin price was $18.500 and the Ethereum was $1.380. If you chech the coinmarketcap right know you have to understand that we had the worst one. Also if you check back to 2018, more than %80 ICO projects turned scam or they escaped with our moneys and that was also the worst..
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