The most dangerous thing in life is not to be able to see ahead of time,if you can't see ahead of time,you will always be cut up in the mist.So many are tired of ICO,as a matter of fact, ICO is almost dead,then came IEO presenting itself as a saviour of those investors that have suffered as a result of ICO,looking so tempting because some big exchange are backing it up,but i tell you,it can be more dangerous than ICO if you are not smart enough,atleast in the case of ICO,if price dump,it will dump on everyone,meaning there were some level of transparency,but for IEO especially with the big exchanges,the only thing we get to hear is that,it was sold out in seconds thereby creating an atmosphere that will make everyone to be looking forward to buy the moment it hit exchange,and the selected set of whales (hmmmm),who are already holding on to the coins are also ready to dump on people at a ridiculous price at exchange,after dumping it on people,then come a dump in price because the coin itself does not worth the price in the first instance,but because so much hype has been created in order to enrich themselves.I hope someone will wake up and not be cut up in the pool of loss.
My candid advice,if you can't get it at IEO,don't be fool to buy at a ridiculous price the moment is listed. The rich are getting richer,don't be trapped.All the best.
IEOs are better than ICOs at least because there is documentation and verification done by the team that wants to list their token for an exchange sale. If they dump or scam, they put themselves at risk of being caught since their information is held by the exchange and they can submit this to financial authorities for prosecution.
But for people to be safe, I'd advise that they invest in projects that have at least started operating to an extent and not just jump at any project that claims to want to do an IEO simply because they see it as a fast funds raising scheme. Stay safe.
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