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Author Topic: Investing on ico is the smart way to be millioner  (Read 1188 times)
leea-1334
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November 22, 2017, 04:09:02 PM
 #21

It’s also a great way to lose everything you’ve got when the developer runs away with your money.

You have to be very careful with ICOs. While they have a greater potential they also have a much greater risk, not to mention the fact that unless you got really lucky you'd need to invest a lot in order to see miraculous returns.

On point, see Confido just two days ago. Got half a million dollars and disappeared.

In fact, ICOs are also a great way to lose money quickly without the developer running away. I dare OP to pick the first ten ICOs listed in the Announcement sections. Check all of them. I bet the majority are trading today at prices lower than their ICOs. Yes, even with all the bonuses you could possibly get by being a first investor.

Next, I expect someone to say being a bounty hunter for ICOs is the surest way to make money. Seems so easy to be a millionaire these days, is it not?

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November 22, 2017, 04:11:41 PM
 #22

Being a millionaire is completely upon the luck and the investment volume. There are successful ico which can grow much high in value, but very few get lucky to invest into those ico programs and get the best profit. Also while investing into ICO its good to invest when it is in the pre ico stage for bigger profiting.

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November 22, 2017, 04:12:29 PM
 #23

I am happy that you have made upto 10x with your ICO investments. But I would like to stress here that most ICO's are scams and devs loose interest to build the product if they get too much money. While investing in ICO's, one should make sure that the hardcap should be there and considerate.

This time isn't the best time to invest an ICO if you don't know the core team behind the project personally. The risk is actually high when you're going to let go off your hard earned money into Crypto-Currency that has no guarantee that will give you good money in return.
For my personal view, I would rather invest in Bitcoin no matter how small my investment is or into top Altcoins like Ethereum, Ripple, Dash, LiteCoin and so on.

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November 22, 2017, 04:15:03 PM
 #24

I agree and disagree here. There are two sides to a coin though. ICOs not nesseserly the best way to build your crypto-portfolio here.  Many of them won't even hit the exchanges. Biggest scumbags of 2017 were Swisscoin and Tezos. Firstly mentioned was too obvious with no whitepaper or any kind of information about the devs. Neverless they managed to attract more then $500k. Lastly mentioned was the most successful tokensale campaign in the history of ICOs failed due to a conflict between management. An intelligent investor can be a millionaire that's true.
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November 22, 2017, 04:18:34 PM
 #25

It’s also a great way to lose everything you’ve got when the developer runs away with your money.

You have to be very careful with ICOs. While they have a greater potential they also have a much greater risk, not to mention the fact that unless you got really lucky you'd need to invest a lot in order to see miraculous returns.

On point, see Confido just two days ago. Got half a million dollars and disappeared.

In fact, ICOs are also a great way to lose money quickly without the developer running away. I dare OP to pick the first ten ICOs listed in the Announcement sections. Check all of them. I bet the majority are trading today at prices lower than their ICOs. Yes, even with all the bonuses you could possibly get by being a first investor.

Next, I expect someone to say being a bounty hunter for ICOs is the surest way to make money. Seems so easy to be a millionaire these days, is it not?

That's why some rich people aren't impressed or trust Crypto-Currency because for them it's a bubble that will try to make magic to your money, either will multiply or vanish.
Crypto-Currency is although the future of monetary and economy but it's actually abused by some developers that were too greedy and they'll want just to be rich quick and doesn't care about their investors trust.
This time around being lucky is the wonderful season of your life but when you're going to decide to make money through any Crypto-Currency then you're wrong.

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November 22, 2017, 04:20:56 PM
 #26

I think it still depends on how you approach your ICOs and how well you handle them? Its true that joining ICOs are beneficiary but only if the ICO becomes successful. Many ICO stop the development while there at the middle of their schedule and many of the investments fail.

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November 22, 2017, 04:23:30 PM
 #27

It depends, it can be a short way to lose your hard earned coins as well. Investing on ICOs involve some risk as every investment, and you can't guarantee earning from such investment. You need to choose carefully the project, make your research about it and taking your time before investing. In the other hand , it is always possible to become a millionaire by investing in the right ICOs.
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November 22, 2017, 04:25:06 PM
 #28

From the experience i am telling , instead of investing current alts , investing on ico's is the smart way to be millioner.

You can see some ico , have 3x-10x potential..

First days i have done mistakes now i only invest ico.

But for new people i am saying do a research before investing ico

Actually I feel like todays market is pretty bad for ICOs, many are failing to reach their goals and so few are hitting their hard cap. It is almost necessary that they hit their hard caps for them to be able to start trading at a price greater than ICO price.

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November 22, 2017, 04:27:44 PM
 #29

Being a millionaire is completely upon the luck and the investment volume. There are successful ico which can grow much high in value, but very few get lucky to invest into those ico programs and get the best profit. Also while investing into ICO its good to invest when it is in the pre ico stage for bigger profiting.

I think it isn't about luck and if you're an experienced trader and know how to read and organization's move and motives then you'll probably getting most profit and luck is just a tag from people around you.
Being a Crypto enthusiast doesn't give you full guarantee that you're gonna get money as you like, veteran traders were even lost their money over and over again.
Just provide more time and effort to figure out which one is better Crypto or not, investigate and check core dev career backgrounds and their project itself will help you to decide whether you risk your investment or not.

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November 22, 2017, 04:30:47 PM
 #30

From the experience i am telling , instead of investing current alts , investing on ico's is the smart way to be millioner.

You can see some ico , have 3x-10x potential..

First days i have done mistakes now i only invest ico.

But for new people i am saying do a research before investing ico

Actually I feel like todays market is pretty bad for ICOs, many are failing to reach their goals and so few are hitting their hard cap. It is almost necessary that they hit their hard caps for them to be able to start trading at a price greater than ICO price.

Indeed, earlier this year 2017 feels like we're on fire having this opportunity of investing ICOs and seeing them for having a good potential and a good rival for Bitcoin but today feels like they're falling apart and most ICOs were failing to maintain their goals, road maps and timeline were become useless. Because most of the people were seeing Bitcoin is the only Crypto-Currency that will reach the moon and Altcoins stay on the ground.

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November 22, 2017, 04:34:46 PM
 #31

In current condition is fast way to be bankrupt.You need to find really legitimate ico what knows how to turn disruptive technology in to prosperous business,it is business and we mostly forget about it
Data from start up world are showing that only about 5% of start ups are becoming suscesfoul companys

 
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November 22, 2017, 07:29:46 PM
 #32

I could not agree less with your point of view I have invested in 7 ICO since August up till now! 5 of the ICO i partook in gave me on the average for each ICO 500%! Some people are busy calling ICO scsm while some people are making the kind of profit that average person will only dream about!

Well said!
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November 22, 2017, 07:54:59 PM
 #33

you can be millioner only in the long run and avoiding scams!

you must to make your own research about teams, roadmap,whitepaper etc...
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November 23, 2017, 06:43:33 PM
 #34

From the experience i am telling , instead of investing current alts , investing on ico's is the smart way to be millioner.

You can see some ico , have 3x-10x potential..

First days i have done mistakes now i only invest ico.

But for new people i am saying do a research before investing ico

Actually I feel like todays market is pretty bad for ICOs, many are failing to reach their goals and so few are hitting their hard cap. It is almost necessary that they hit their hard caps for them to be able to start trading at a price greater than ICO price.

Indeed, earlier this year 2017 feels like we're on fire having this opportunity of investing ICOs and seeing them for having a good potential and a good rival for Bitcoin but today feels like they're falling apart and most ICOs were failing to maintain their goals, road maps and timeline were become useless. Because most of the people were seeing Bitcoin is the only Crypto-Currency that will reach the moon and Altcoins stay on the ground.

It's a sad state for ICOs right now but it's all necessary I feel and part of a cycle, there are too many ICOs right now as people saw the success in the early parts of the year and thought they could replicate it, they then came with poor ideas and poorly managed ICOs and inevitably failed. Once we go back to having less ICOs but a better quality then ICOs can succeed again.

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November 23, 2017, 06:47:52 PM
 #35

Yes it is. Invest in ICO project is a good way to earn but it's not for newbie without experience and knowlegde about it. There are a lot of ICO project and a lot of them are scam so it'll be very difficult to choose which one to invest if you don't have any experience or knowledge about it. Just take a look at CyberMile ICO project, they finished their ICO in only 1 day Smiley). It's so crazy Smiley)

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November 23, 2017, 06:53:16 PM
 #36

Looking for new ICO reviews? Follow this group on Reddit: https://www.reddit.com/r/icoreviews/
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November 23, 2017, 07:06:13 PM
 #37

sure thing ICOs can make you have a big profit as long you know that a risk you take. not all ICO going well after distribution some of them just dump when the token or coin distribute. But if you choose the right one that decision will bring you happiness

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November 23, 2017, 07:08:25 PM
 #38

Investing in ICO's is also a very good way of losing your entire portfolio  Wink

You need a lot of time, experience and luck to land only the "good" ICO's. Most people will lose their money in the long run chasing these crazy profits.

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November 23, 2017, 07:11:12 PM
 #39

It is very financially rewarding to invest into ICOs as well,but it is not that simple. You need to have a keen eye for promising ICOs. Many of this initial coin offerings prove to be scam later after a lot of hype to get the funding, then the devs run away or something else happens. To avoid and to cover your risks as much as possible you should make a thorough analysis of both the leaders,devs,advisors and tech behind an ICO. Otherwise you could wake up in a morning with all your money gone..

Hope my advice helps you!
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November 23, 2017, 07:11:44 PM
 #40

sure thing ICOs can make you have a big profit as long you know that a risk you take. not all ICO going well after distribution some of them just dump when the token or coin distribute. But if you choose the right one that decision will bring you happiness

It's a shame that only good ROI ICO are advertised. It's just a strategy to make people buy more ETH. They all think each ICO are worth it. We must show the other side and link all painful ROI for shitty ICO. That will be educate new investor, but not as much if they lose money...
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