Why I am quitting ICO's

[ooeygooeygold]

My point of view is not to give up all these ICO but to pick from them. If we can't find the right one then we should try more than one. I think then one of them would be fruitful. I think ICO is one of the next big technological advancement. We simply can't keep us away from it, we shouldn't.

[1715133011]

1715133011

[1715133011]

1715133011

[1715133011]

1715133011

[1715133011]

1715133011

[maxreish]

I understand your point. ICO's are coming almost everyday and because of so many ICO's , most of them are not succesful and they failed. But some ICO's are still giving us hope and is successful until now. So, if there were launched potentially ICO's that are great enough and are still running. Then, you shouldn't quit yet and must still go on, continue to take a risk until the right ICO will further match and fated for you.

[YzzyGo]

It's really a hit or miss with ICO's recently. I, for one, have never tried to invest in one due to fear of losing my investment. There are some who are very successful and then I feel that I missed out since I considered joining them but the number of times I missed out is smaller than the number of times I made the right decision not to invest. With things like this happening, it's better if an ICO has a reputable escrow for in case it fails you can get your investment back.

[Visteryy]

I decided to quit ICO's. From December till now I invested about 5 eth into several ICO's. Invest what you can miss, this is what was able to miss.

Right now the first few of my ICO's have reached the exchanges. Most are under performing, but this is related to the overall dip (can be read everywhere). I understand, but ICO token economics have changed also.

• massive hardcaps
• most is sold in pre-sale to big investors, leaving scraps for crowdsale
• 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.

I was 'unlucky' to miss out on a few ICO's besides the ones I was able to participate in. Afterwards I am glad, since I was able to pick most up at a fraction of the ICO price.

Important as ever: DYOR as not all ICO's have a genuine solution to a genuine problem. Some may seem like a fantastic solution, but often it is marketing combined with a strong team, and not so much a great working product.

And who am I? I am definitely a nobody , but still wanted to share my experiences and perhaps save people from thinking of getting on board of the next x100 ICO

p.s. when a Telegram has over 20k subscribers all screaming 'when lambo' with endless rows of animated gifs, you may also wonder if this is a serious block chain solution which will revolutionize 'x'

The ICO is currently affected by the price of bitcoin being reduced. So there are many ICOs that are listed on the exchanges where the price falls lower than the purchase price of the ICO. but maybe a few months. After the price of BTC increase and everything normal again

[fluctuations]

I do not think I will give up the ICO. I see many projects they apply very good technology to the reality and these are good projects worth investing so why abandon them? If you spend a lot of time not investing in phishing projects, I believe you will make a lot of money.

[Gaspard de la nuit]

Eh, it's not a good time, if you look for immediate gain. But the market will certainly rise, so those who have the courage to invest now will benefit in the future.

[minnerETN]

I decided to quit ICO's. From December till now I invested about 5 eth into several ICO's. Invest what you can miss, this is what was able to miss.

Right now the first few of my ICO's have reached the exchanges. Most are under performing, but this is related to the overall dip (can be read everywhere). I understand, but ICO token economics have changed also.

• massive hardcaps
• most is sold in pre-sale to big investors, leaving scraps for crowdsale
• 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.

I was 'unlucky' to miss out on a few ICO's besides the ones I was able to participate in. Afterwards I am glad, since I was able to pick most up at a fraction of the ICO price.

Important as ever: DYOR as not all ICO's have a genuine solution to a genuine problem. Some may seem like a fantastic solution, but often it is marketing combined with a strong team, and not so much a great working product.

And who am I? I am definitely a nobody , but still wanted to share my experiences and perhaps save people from thinking of getting on board of the next x100 ICO

p.s. when a Telegram has over 20k subscribers all screaming 'when lambo' with endless rows of animated gifs, you may also wonder if this is a serious block chain solution which will revolutionize 'x'

Agreed with your point of view, but everything has to be good and bad and the ICO too. There are many potential ICOs and there are also a lot of scams. You should not remove all ICOs

[hoanghoatham04]

I decided to quit ICO's. From December till now I invested about 5 eth into several ICO's. Invest what you can miss, this is what was able to miss.

Right now the first few of my ICO's have reached the exchanges. Most are under performing, but this is related to the overall dip (can be read everywhere). I understand, but ICO token economics have changed also.

• massive hardcaps
• most is sold in pre-sale to big investors, leaving scraps for crowdsale
• 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.

I was 'unlucky' to miss out on a few ICO's besides the ones I was able to participate in. Afterwards I am glad, since I was able to pick most up at a fraction of the ICO price.

Important as ever: DYOR as not all ICO's have a genuine solution to a genuine problem. Some may seem like a fantastic solution, but often it is marketing combined with a strong team, and not so much a great working product.

And who am I? I am definitely a nobody , but still wanted to share my experiences and perhaps save people from thinking of getting on board of the next x100 ICO

p.s. when a Telegram has over 20k subscribers all screaming 'when lambo' with endless rows of animated gifs, you may also wonder if this is a serious block chain solution which will revolutionize 'x'

Agreed with your point of view, but everything has to be good and bad and the ICO too. There are many potential ICOs and there are also a lot of scams. You should not remove all ICOs

I agree with your opinion. It is true that there are many potential and fraudulent ico. We have to work together to create postings about topics that discuss fraudulent ICOs so people can take precautions

[tukang_rosok]

I do not think I will give up the ICO. I see many projects they apply very good technology to the reality and these are good projects worth investing so why abandon them? If you spend a lot of time not investing in phishing projects, I believe you will make a lot of money.

but to finding legit projects is not easy.much beginner investor trapped at scam project be dont have any knowledge about it.we need to research about ico project ,like how to identify best projects.

[shadyrifles]

That's interesting information and sharing your thoughts on ICO's. It will be harsh to label to each ICO's are the scam there is plenty of good ICO's with massive hardcap of good projects we have seen. In this year multiple ICO's & TGE (Envion and Hdac) are able to raised more than 100 Million and I believe these both projects are worth investing for long-term.

[vaughn125]

Great post man, I really do agree with what you are trying to point out. There really are a lot of useless projects out there with some even making their own imaginary problems just to have something to pair with their own imaginary solutions. And the worse thing? Some people actually buy their sht and believe this stuff. Truly, ICOs nowadays are getting more worse but I still won't quit investing as long as I can still find a few great ICOs out there. Yes, it takes more effort to find one now than before but it is still worth the efforts..

[STT]

Well good for you,  but Ico was the main platform through which I made alot of money this year and even last year,  I benefited from Ico like neo,  regal,  etn,  utrust and so much more,  and am still investing in as much Ico as I can,  but am very careful on the Ico I invest in,  so that I won't be scammed.  Here is what I do: I study the white paper of the ico well and also check how often I can see the team on YouTube .

I agree with your point. If you know how to choose good projects that invest, the ICO will bring you much profit. So why do we abandon them without investing? I know that there are many fraudulent ICO projects in the market today, but that is your investment challenge.

This is true, when many people quit the first stage of ICO supercycle.  They are just leaving the most speculative price change part of ICO business.   Ultimately the business overall has to develop into productive active companies doing the trade that was originally set out in the ICO details.

Without progression the whole concept would stall anyway.   People need to realise price is not a significant factor as an absolute.  What really matters is the buy and sell and profitable arbitrage in trade conducted by each business concept setup in an ICO.

It doesnt matter if the token is a penny or a dollar, the revenue and gain on each transaction is ultimately what determines profit.  This really is not the end, its the end of a beginning.

[Xerox101]

It was your decision to that, yes we can consider your reasons why you are not longer in ICO's, many people will do the same if they experience same with yours. However, many people still optimistic to stay with ICO since they are very possitive to have favorable outcome in the future.

[3acaga]

Hi, I do not see any reason to participate in ICO at all. After the majority of coins have been issued for listing - the rate in most cases falls below the cost of ICO. That's when I already buy a coin - I see more of what the author of the project has done.

[Termin4tor]

I decided to quit ICO's. From December till now I invested about 5 eth into several ICO's. Invest what you can miss, this is what was able to miss.

Right now the first few of my ICO's have reached the exchanges. Most are under performing, but this is related to the overall dip (can be read everywhere). I understand, but ICO token economics have changed also.

• massive hardcaps
• most is sold in pre-sale to big investors, leaving scraps for crowdsale
• 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.

I was 'unlucky' to miss out on a few ICO's besides the ones I was able to participate in. Afterwards I am glad, since I was able to pick most up at a fraction of the ICO price.

Important as ever: DYOR as not all ICO's have a genuine solution to a genuine problem. Some may seem like a fantastic solution, but often it is marketing combined with a strong team, and not so much a great working product.

And who am I? I am definitely a nobody , but still wanted to share my experiences and perhaps save people from thinking of getting on board of the next x100 ICO

p.s. when a Telegram has over 20k subscribers all screaming 'when lambo' with endless rows of animated gifs, you may also wonder if this is a serious block chain solution which will revolutionize 'x'

The ICO is currently affected by the price of bitcoin being reduced. So there are many ICOs that are listed on the exchanges where the price falls lower than the purchase price of the ICO. but maybe a few months. After the price of BTC increase and everything normal again

The declining price of bitcoin is true, but I believe the main reason for many of the sinking ICO's is the lack of market hype that ICO's used to have in 2017. Negative press releases about scammy behavior, lack of innovation, exit scams also contribute to this. Another point for the decline of the token price is the dumping of tokens by bounty hunters just after they receive it to make a quick buck.

[STT]

Dumping of tokens really shouldnt effect value so long as there is an underlying business.   The dump onto an exchange dynamic only makes a difference to bid/offer on an exchange order book.  Its a short term effect and not a true determiner or value, same applies to the Mt. Gox coins being sold onto exchanges.  This doesnt make bitcoin worth any less but it will raise supply and likely lower the price for the duration of selling.

If bounty hunter were to all receive then all sell into an exchange at the same time, it would mean excess liquidity and an inaccurate price as likely buyers are able to purchase at the lowest price possible.    This is pricing dynamic not actual value drop.   Hopefully the ICO relates to something more then a price and an idea, but actual action and revenue at some point.   If it doesnt then it deserves to drop obviously.

[abel1337]

Hi, I do not see any reason to participate in ICO at all. After the majority of coins have been issued for listing - the rate in most cases falls below the cost of ICO. That's when I already buy a coin - I see more of what the author of the project has done.

Its just the risk on investing on an ICO , Not all coins are falling down from its ICO price. I know the are too many ICO coins that drop its value because of the rush holders that sell but trust me it will come to the point that the coin from the ICO will reach its peak price and that is the time you will earn your profit, It takes time to profit on an ICO if you dont know. In investing on an ICO you should know the risk and the advantages after it.

[gwapo.zylle]

Not all ICO's are successful. Some of them are failed of their campaign but as early the bounty manager will inform all his worker that the campaign is not successful so that the worker will never waste their time waiting for the losser campaign. In your case you have your money to invest its a good decission but like us that dont have money we are working in a good ICO to earn and gain.

[iged_war]

Not all ICO's are successful. Some of them are failed of their campaign but as early the bounty manager will inform all his worker that the campaign is not successful so that the worker will never waste their time waiting for the losser campaign. In your case you have your money to invest its a good decission but like us that dont have money we are working in a good ICO to earn and gain.

we should be able to choose which ico we think is good and can provide benefits to our investment. although this is not easy to do. but we have to do our own research.

[boled]

this is my story....
I do not like ICO from the start, I think a lot of unhealthy, but I like money, I choose to be bounty hunters and also put up the bottom net after ICO market release, and sell it when prices soar. But that does not mean I never participated in ICO as an Investor, this thing I did in ICO Hedge (HDG) but the profit is not much, bigger profit I get from Bounty and buy in market, Token price when release always dump. this is because many Bounty participants who want instant money.