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Author Topic: Buy new altcoins in ICO stage = profit?  (Read 4048 times)
manifo1d (OP)
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July 25, 2017, 03:59:34 PM
 #1

Title.


Basically is this how its done to receive a profit on Cryptocurrency?

or just invest when research and news is done.

Thank you
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July 25, 2017, 05:55:40 PM
 #2

how to choose any coin from the ico and invest? I think its very tough to do so
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July 25, 2017, 06:09:45 PM
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No, not necessarily you get a profit, even that you get is a loss, because all the coins at the time of entering the market the price is very destroyed, you better invest when the coin already in the market

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July 25, 2017, 07:48:15 PM
 #4

It depends on the ICO you invest in. Sometimes you can buy a coin at a lower price in markets. Note that it's not general an sometimes you can buy coins in ICOs and a make a good profit due to get some bonuses as reward. Anyway you should check out projects before investing and decide.

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manifo1d (OP)
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July 25, 2017, 08:35:44 PM
 #5

No, not necessarily you get a profit, even that you get is a loss, because all the coins at the time of entering the market the price is very destroyed, you better invest when the coin already in the market

So best point of entry is when the coin enters the market and seems promising?

Also can you hold money in USDT on standby for till a new coin enters the market?
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July 25, 2017, 08:56:00 PM
 #6

It isn't that easy. Before knowing what (the coin and the concept behind it) and whom (the company as well as the owners) you are investing for and doing complete research about the coin, you should never invest in an ICO. Must have seen that SkyWay scam, right? Many users thought they will get a huge share but after searching and going through SkyWay's real website and chatting with their representatives (even I did that), we all came to know that they were just trying to scam everyone. So, trusting any company blindly and putting our money there is not a good choice, but waiting till the first week starts or checking before about the coin and then investing could give serious returns over your investment if it turns out to be the one as expected.
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July 25, 2017, 09:20:26 PM
 #7

Lots of ICOS are outright scams, some more intricate than others, so you ought to be extremely critical and do your own thourough research. The SEC today ruled that DAO'S (And ICOS) can be considered securities, meaning in the long run, i belive that the industry will be regulated and the scamming will get harder. But in any case, verify info on many different sources (website, social media, forums) before you invest your hard earned crypto/cash
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July 25, 2017, 09:50:28 PM
 #8

Last year and several months ago this may have been the case.

Back then there were real projects being released with long planning and recource gathering along with it.

Now, there are mostly get rich fast schemes for the ones that run the ICO.
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July 26, 2017, 01:21:43 AM
 #9

It depends, but you can support a project buying this coins from ICO stage and hold until the team reach maturity in their product or services, Tomorrow is the last day to buy Dent tokens, this token is for the mobile data industry, so user buy and sell unused mobile data.

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July 26, 2017, 02:42:30 AM
 #10

Last year and several months ago this may have been the case.

Back then there were real projects being released with long planning and recource gathering along with it.

Now, there are mostly get rich fast schemes for the ones that run the ICO.

That's definitely true, anyone who planning to invest their hard-earned money in ICO should exercise caution and perform due diligence.
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July 26, 2017, 02:53:27 AM
 #11

Title.


Basically is this how its done to receive a profit on Cryptocurrency?

or just invest when research and news is done.

Thank you
Basically, not every ICO is succeed, if it is not, the price after ICO will be decreased or even if that ICO is succeed, after ICO, there may be many people sell their coins, it could lead the price go down.
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July 26, 2017, 03:00:59 AM
 #12

Buy new altcoins in ICO stage not = profit. this mean you are investing and investment then you will get profit or you will lost your money Smiley
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July 26, 2017, 03:06:29 AM
 #13

Title.


Basically is this how its done to receive a profit on Cryptocurrency?

or just invest when research and news is done.

Thank you
Basically, not every ICO is succeed, if it is not, the price after ICO will be decreased or even if that ICO is succeed, after ICO, there may be many people sell their coins, it could lead the price go down.

Its not just.on its sells but sometimes you jave to know what is the coin offering or what is its function. Because this coins now arent just for mining but they are now integrating functions such as bank affiliations or how to transact artworks. Also being familiar with its developer can be a goos impact on the flow an ico. Many have now became victims of false promises by some ico during the early staged but i can see now that most people are now well informed when it comes to things like this.
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July 26, 2017, 04:57:52 AM
 #14

Title.


Basically is this how its done to receive a profit on Cryptocurrency?

or just invest when research and news is done.

Thank you

You are correct mate. Invest only after enough research and news (not just FUD and shallow hype) are done. Buying on or after ICO is not anymore immaterial. There are tokens that grow much higher in price right after ICO. There are also those whose prices go all the way down rock bottom after ICO. And there are ICOs that are simply scam, many of them. Study all of them before investing.

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July 26, 2017, 05:08:49 AM
 #15

Title.


Basically is this how its done to receive a profit on Cryptocurrency?

or just invest when research and news is done.

Thank you

It basically depends on what the coin or entity can offer that isn't already existing, like something specific in its own fields which will help for better and efficient transactions. Not to mention, a majority of the coins end up as 'shitcoins' because they have nothing new or specific to offer and if you bought coins during their ICO, you are surely to incur a loss.
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July 26, 2017, 05:12:38 AM
 #16

Looking at the SEC ruling of yesterday I would stay away from ICOS and go to coins that were distributed in a non ico way. So basically only community coins without a company attached to it
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July 26, 2017, 05:27:01 AM
 #17

how to choose any coin from the ico and invest? I think its very tough to do so

No it's not that tough on doing it so. Just read their updates and look on their plans. The team itself you need to check it out so that you can have an assurance that the ICO will be successful and will not just run the investments coming from you. And this is how ICO's stage are giving bonuses from early investors.



 

 

 

 

 

 


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July 26, 2017, 05:31:17 AM
 #18

not all

Stealthcoin, Ark and Safemoon my life 3 investment failures while bashing Ethereum at 0.20cent. Bye bye
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July 26, 2017, 05:36:24 AM
 #19

It is one way to earn but that way is very risky, you need to do a lot of research and obtain a lot of information before invest in ICO, for me it is not a good way to earn because there are a lot of scammer and it's too hard to predict the result of an ICO, I prefer to do trading to earn


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July 26, 2017, 05:39:54 AM
 #20

well if lucks permits you for sure you will gain from this but if not you are also risking your hard earned money as we knew that most of the project nowadays are turning into a scam or seeing the downside after reaching inside the exchange and some got its own reasons or issue to not to continue
its better to research or choose some project which already been developed.
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