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Author Topic: Investing in ICO, still promising?  (Read 20539 times)
jacee (OP)
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July 14, 2017, 05:59:43 PM
 #1

I am a person that gains profit from investing in ICOs but now I'm having second thoughts. I know some ICOs are potential scam so I am really picky to where I put my money.
Anyway, considering with what happened to Ethereum price and with the nearing Aigist 1, do you guys think that it will still be profitable to invest on ICOs mostly on ERC20 tokens and those accepting btc payments?
dranster
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July 14, 2017, 06:02:01 PM
 #2

no dont invest in any icos, 99% are scams ICOs are honeypots for dumpers. you pay your expensive btc or eth and inturn you get wortless tokens


on exchange launch day like tezos or eos most ico tokens will lose 90% of the value be careful
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July 14, 2017, 06:16:46 PM
 #3

Yes. When companies have a finished, working product, it is worth it. Check out KICKICO for example. They also have an amazing bounty campaign going on right now to get some of their coin for free.
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July 14, 2017, 06:18:08 PM
 #4

I am a person that gains profit from investing in ICOs but now I'm having second thoughts. I know some ICOs are potential scam so I am really picky to where I put my money.
Anyway, considering with what happened to Ethereum price and with the nearing Aigist 1, do you guys think that it will still be profitable to invest on ICOs mostly on ERC20 tokens and those accepting btc payments?

It's not promising any more. Icos turned into a system where the owners exploit investors. So you better be careful on new ones.

ICO brought a huge demand for ethereum too.
jacee (OP)
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July 14, 2017, 06:18:46 PM
 #5

no dont invest in any icos, 99% are scams ICOs are honeypots for dumpers. you pay your expensive btc or eth and inturn you get wortless tokens


on exchange launch day like tezos or eos most ico tokens will lose 90% of the value be careful
Well I know that already, like I said, that is why I'm picky on where I invest. I am also one of those say dumpers because I only keep the coin at a max week time to get the profit.  Grin
Some ICO I've been involved with tho are promising and just need time to get it's full value like any other coin.
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July 14, 2017, 06:27:40 PM
 #6

I am a person that gains profit from investing in ICOs but now I'm having second thoughts. I know some ICOs are potential scam so I am really picky to where I put my money.
Anyway, considering with what happened to Ethereum price and with the nearing Aigist 1, do you guys think that it will still be profitable to invest on ICOs mostly on ERC20 tokens and those accepting btc payments?

As there are lots of "promising" ICO's around, even they are all legit and trustworthy, you will end up empty because you can't diversify all your funds in lots of ICO's around.  To cover that hole, you must consider joining a bounty campaigns on regular basis to somehow take advantage too if ever everything will goes good.

About your last question, I can't tell you exactly what to do or what will be my thoughts. I know you are here in crypto world for a long time now and I believe you can make your own decision about that concern of yours just by reading some of the expected things to happen after 1st of August.
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July 14, 2017, 06:38:03 PM
 #7

A lot of people can use ICOs to wash some money, so if you buy low and sell high you are lucky and made some BTC from it )
So try to invest in ICOs that have a HardCap )
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July 14, 2017, 06:49:46 PM
 #8

yes they do profitable if a project is scam or something like that. I am not highly support ICO but I have to say that people always earn good money with ICO. Anyhow, I just want to say that you need to determine which ICO is good and which is made to steal people money so that you will not fall into their trap
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July 14, 2017, 07:04:38 PM
 #9

its a case of doing your due diligence, investing only in ICO's that you are willing to hold onto for awhile and get real ROI, or simply be a part of some bounties, and use that as a way to diversify. If you end up with a few thousand coins from a bounty and just hold, you only have to be right 1 out of 5 times to come out really ahead
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July 14, 2017, 07:12:19 PM
 #10

Initial coin offering is favourite game for and I always like to be first one to buy any coin that is going to be new in the market. ICO offers best prices for token purchase and are profitable once they finish the token sell. ICO is still promising due to its quality projects and offerings of smart contracts.

 
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July 14, 2017, 07:36:49 PM
 #11

I am planning a decentralized charity platform and I can tell also the investor view. When you invest into an ICO you invest into the long term and creation of the project not for a quick profit.
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July 14, 2017, 08:02:57 PM
 #12

From my little experience I fill that ICO now is a money pump to founders. And not every idea requires blockchain. But every founder want self island. ICO in the current form is outdated.
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July 14, 2017, 08:48:46 PM
 #13

Now is not the best time to invest.
How to protect yourself from fraud? It's quite difficult, but possible.

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July 15, 2017, 01:31:45 AM
 #14

I am a person that gains profit from investing in ICOs but now I'm having second thoughts. I know some ICOs are potential scam so I am really picky to where I put my money.
Anyway, considering with what happened to Ethereum price and with the nearing Aigist 1, do you guys think that it will still be profitable to invest on ICOs mostly on ERC20 tokens and those accepting btc payments?
If the project is good then you can still invest, no problem, the only issue is that you may not get as many tokens as you thought as altcoins have being doing badly in the market in the past few days, if you are not sure about what to do the best thing is to not do a thing and wait for the time when things get a little bit more calm and we leave behind all of this instability caused by bitcoin activation of segwit.
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July 15, 2017, 01:47:01 AM
 #15

I am a person that gains profit from investing in ICOs but now I'm having second thoughts. I know some ICOs are potential scam so I am really picky to where I put my money.
Anyway, considering with what happened to Ethereum price and with the nearing Aigist 1, do you guys think that it will still be profitable to invest on ICOs mostly on ERC20 tokens and those accepting btc payments?
I don't think we can make much or even a decent amount of money in the normal ICO investment because ICO token have the values like the normal coins have during trading , so why this is much risky or we can say it can take long time to make profit .
Here with the current example suncoin launching his coin in November which is not a good job for us because ico started selling his tocken before one month , so here we can easily understand that how did they make us irritated .
But no doubts many people are making much profit in the ICOs , but here in my opinion best thing is to make earnings in coins investment then in tocken buy sell because we can handle that coin which is available in the exchange but can't handle those coins which are available only in tocken .
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July 15, 2017, 01:48:19 AM
 #16

As my opinion nothing good and promising in this dark time.
SNM killed me with their ICO with A+ rating. damn it
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July 15, 2017, 02:19:17 AM
 #17

I am a person that gains profit from investing in ICOs but now I'm having second thoughts. I know some ICOs are potential scam so I am really picky to where I put my money.
Anyway, considering with what happened to Ethereum price and with the nearing Aigist 1, do you guys think that it will still be profitable to invest on ICOs mostly on ERC20 tokens and those accepting btc payments?

I am still optimistic about this ICO's even if the price of altcoins are going down.
Actually it is a good opportunity but really risky.
But that is how it is with alts right? The riskier the higher the possibility of a larger scale of profit.
I dont recommend this for other people. That is why I just selfishly do it myself and not inviting others to avoid being blamed in case of a fall.
But with the prices so low it is easy to invest now even for just small amounts of alts.

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July 15, 2017, 02:30:45 AM
 #18

I am a person that gains profit from investing in ICOs but now I'm having second thoughts. I know some ICOs are potential scam so I am really picky to where I put my money.
Anyway, considering with what happened to Ethereum price and with the nearing Aigist 1, do you guys think that it will still be profitable to invest on ICOs mostly on ERC20 tokens and those accepting btc payments?

There is an ICO mania out there and so a lot of people made profits. Even blatant scam coins have generated profits for ever. This cannot continue for ever and you don't want to be left holding the parcel when the music stops.


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July 15, 2017, 02:46:58 AM
 #19

I am a person that gains profit from investing in ICOs but now I'm having second thoughts. I know some ICOs are potential scam so I am really picky to where I put my money.
Anyway, considering with what happened to Ethereum price and with the nearing Aigist 1, do you guys think that it will still be profitable to invest on ICOs mostly on ERC20 tokens and those accepting btc payments?

There is an ICO mania out there and so a lot of people made profits. Even blatant scam coins have generated profits for ever. This cannot continue for ever and you don't want to be left holding the parcel when the music stops.

But the main thing about scam coins is never keep it for many months since the coin hasn't have good future at all, And to deal with this one its better to do some dump and run scheme so that we can earn with this shits. But their are other particular coin that is pretty cool to hold for more longer years at we can trace them at coinmarketcap their are several ICO coins their are at the top spot but I don't know on how things would come for new ICO's today.

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July 15, 2017, 04:24:25 AM
 #20

ICOs are happening one after another. A great number of ICOs are lining up. I am having a hard time telling which one is legit and which one is pure scam. ICOs have become a haven for scammers. But let us not jump into a generalizations because there are a few legit ones.

But as for me, I'd rather wait for their tokens to be introduced to major exchange platforms before buying some. There are many whose prices go down lower than ICO price. 

MEGA

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