Why I am quitting ICO's

[Minnie1928]

Well I agree firstly that investing in ICO projects is always risky, and that profit is not guaranteed like many newbies think. It is hard to find the most promising projects which are numbered. But in the other side, if you invest in the greatest ICOs you have the potential to make huge earning, and already many crypto users earned thousands of Dollars by investing in such projects.

A risk is always involved in the crypto market and without the risk, no profit can be gained. There can be a lot of wasted time for the money hungry investor if the most percentage of the ICOs he had invested or worked for has failed but if the certain investor is stubborn enough in a positive way maybe he can stumble upon a next Ethereum. I personally support the idea of the investment into unknown ICO that I believe in but I also fear of the possible bad outcome if I have entered into ICO project with a low knowledge and nonproper analyzation of the project.
Researching is the key for the beginning of the success!

[Harrisonimo]

Well, you do have some valid points as to changing your mind from ICOs. But this doesn't change the fact that real and legitimate ICOs are also springing up too amidst the scammers and the ones that won't go far. The part of due diligence and taking time to research well will make you focus on some specific ICOs irrespective of what other markets might be saying. I believe investing in ICOs is still very profitable.

[Chrisjay29]

Yeah maybe you,re right. But for me Intial coin offering (ICO) is not bad investing money. Because i always get triple profit on them. Yeah they are always put there list on etherdelta and idex. But they have roadmap maybe they do that for those who always panic about price down and cant wait to the roadmap. They dont know what is patience and hold. Weak hand always lose on this game

[onnz423]

A lot of good comments here, it's true that ICOs have increasingly ambitious hard caps which leave little room for growth after funding. However, there is still money to be made, if you can find a gem with a good time, realistic hard cap and no obvious whale bonus.

[mulukey]

many people are crazy about joining ICO, they think to get results from ICO. need to know also, many ICO under the guise of fraud as well. do not get too ambitious, think carefully first.

ICO investment is receiving great attention from the investment community, but I think it is important to analyze and research the ICO projects you are investing because there are many fraud projects. made up Many ICO projects call for capital to be too large and unreasonable, a factor that should be considered in eliminating such projects.

[KwizatzHaderach]

I got inactive too. There is a lot of hurdles to join ICOs nowadays and it quite tiring for me.
You have to do due diligence, join groups and campaign but still cannot join the crowdsale.

[Omega Weapon]

I agree with you. Many ico's are just selling crap or not responding adequately to the investors. But I think that's the price of having the opportunity to generate a large profit in a small time. You just need to be more carefull in your picks.

This is the biggest issue, even with all the regulations many will keep investing in icos if we saw new and exciting developments but what we see are the same coins and the same ideas and nothing new and if that was not bad enough they keep raising the bar of the money they want to get and the information they want from us and yet they do not offer information about themselves.

[gilangIDR]

I agree with you. Many ico's are just selling crap or not responding adequately to the investors. But I think that's the price of having the opportunity to generate a large profit in a small time. You just need to be more carefull in your picks.

This is the biggest issue, even with all the regulations many will keep investing in icos if we saw new and exciting developments but what we see are the same coins and the same ideas and nothing new and if that was not bad enough they keep raising the bar of the money they want to get and the information they want from us and yet they do not offer information about themselves.

That is the risk of investing in an ico. We can only try to do the demon analysis to get the correct information, ico it becomes a very extraordinary thing now, the development of ico in the world is very high. Because many people think that with them investing in an ico then they can get big profits, whereas the risk is so great that even we can lose all the money we have. The fact may be that little ico ends successfully and mostly ends in failure. Our cleverness in choosing ico will be the determinant of whether we will succeed or not.

[rasyiqul1505]

better to follow the project in an ICO because we can get coin for free by joining bounty campaign such as signature campaign, twitter campaign, blog campaign and others. besides that we can also invest in ICO and will get enough profit because coin price at the time of ICO very cheap and got bonus.

[yugyug]

There are a lot of risk involve in investing ICOs, and the more you invest the more expectation of high rewards in a short period of time you will be thinking, but it will not work that way, there are other legit ICOs that work long term vision like 2 to 3 years vision, it is also like a company where we can follow their vision. ICOs are like companies for stock market.

[atamism]

I agree. There are a lot of ICO's coming out and it feels like the x100 thing for coins will not happen. If it did happen, the hardest thing is to spot on who's ICO you will invest. It takes a lot of research, reading whitepapers can be exhausting if you know what I mean. Still traders to continue to do this and hoping to hit the jackpot one day. One thing is for sure, coin prices will start to increase after months of holding it. But the x100 is impossilbe.

[Hexah]

Well, some good coins right now have undergone to ICO it's just a matter of choice and luck if the ICO you participated in gets ATH but you never aforementioned if you hold it a year or for a long term basis. I agree on your view that there is a low future on coins if somehow listed on incompetent exchanges and it will just a matter of time before the coin or token may dump.

[portotoi]

many people are crazy about joining ICO, they think to get results from ICO. need to know also, many ICO under the guise of fraud as well. do not get too ambitious, think carefully first.

Sometime we need to try another way to get a good earning. Being ambitious is not bad if you are trying to invest in an ICO but we need to be careful enough to deal with an ICO because some of them are fake and just want to scam only. In investing, failure always comes if you will not do some techniques. So better to do some ways to be successful.

[Morenod]

Biggest problem that people invest money without good analytic of ICO or just hear somebody that is a best ico and need invest money there , i invested some and already made profit from 0.5x to 2.5x from each ico and i liked it , but when i just decided to invest to some ico without good preparing i lost 10x from my investment .

[GregoryPorter]

I think there is definitely something to be said for the culture that seems to be sweeping through cryptocurrency which is very worrying because one of the main principles is setting up a business is the culture you start out with will always linger so it's very dangerous that the "when moon,when lambo" culture exist at such an early stage. A quote that I hope turns out to be true is "bitcoins is a revolutionary technology disguised as a get rich quick scheme.

[darkr]

Its certainly up to you, but you are right in many things. I also try avoiding many projects, but participation in good ICOs give me the additional income.

[TonyFat]

so far I can not agree with you, because I start to go deep into the ICO and see this as a future and a good way to make money.

[aoihs00]

Well I agree firstly that investing in ICO projects is always risky, and that profit is not guaranteed like many newbies think. It is hard to find the most promising projects which are numbered. But in the other side, if you invest in the greatest ICOs you have the potential to make huge earning, and already many crypto users earned thousands of Dollars by investing in such projects.

I think it is better to study the whole ICO stuff and then invest our money. They say learning something and then taking decision about it always makes the fortune door to open up.

I agree to OP that ICO are filled with lots of scams, hardcaps, false promises and much more but hey come on it is not always the case and there are at least few of the ICO projects which turn out to be jackpot projects of all time. I'm finding that learning more and more about ICO does benefits us lot because it give us real sense of the business and then we can make proper decision about it. So I am little disappointed that propel are already tired of ICO but on the other hand they can earn huge out of it.

[STT]

much attention to marketing, less to working product or realistic time lines
immediately available on EtherDelta and IDEX, sure sign of little interest in token economics/future
no lock on pre-sale tokens, whales take their x2, x3 or x-whatever as soon as possible (I would probably have done the same). Prices drop to below ICO price.
too many ICO's without distinctive differences.
too many ICO's in general
too much tokens reserved for team/marketing
many ICO's don't even have a crowdsale anymore (which perhaps is a good thing as the little investors are protected this way)
ICO prizes are quite high. 1eth = 1000/4000 tokens is pretty common, but with a hc of 40 million, this will not easily go x10 or more.

Its good to have community feedback and part of price discovery is this kind of criticism.   Prices can be set during an ICO but it doesnt mean anything till the market confirms it in active trading.    IT might make alot more sense to wait until its on etherdelta and there is a live price.

Development of the product often follows the ICO funding, its a seedling rather then a fully grown project.  Thats very common, where as a stock IPO would be a fully formed company most often though it can also be a kind of investment fund too.

I think its best to take a step back and see progress vs price after the ICO.    Price doesnt always go up, theres opportunities afterwards and I think also less risk doing so

[Emin90]

It is necessary to carefully select all read about in Social Media. Well acquainted with the team, read what others have to say investors and experts.It is completely secure from fraud but at least minimizes risk join fraudulent ICO.