So we have so many ICOs that I have even follow them.
Many of those ICOs looks like run for your bucks.
In real life 1/10 startup survive 1year then 1/10 will survive next 5 years.
People here throw money blindly everything what has blockchain in name is TOP.
One of most stupidest ideas: Humaniq, Matchpool.
Now best part if people invest like 5000 BTC in ICO they think that after ICO token is worth 5000 BTC.
So in reality 5000+5000 = 10 000 BTC // REALLY ?
In reality Devs are living from these invested BTC for long time throwing away many of those funds.
And people are wondering WHY price drops below ICO same time token has not deliver anything so should be worth whole ZERO 0 BTC .
And all ICO tokens value starts from 0 not from ICO price.People have no idea if ICO money will be used to develop or just for buying new house like JWL DEV did
.
So guys if you invest in ICO be aware that 1/100 will be alive in few years so :
1) Dump with profit
2) If you think “I am long time holder” – in 90% you will lose whole money ( I can show you countless of ICOs from BTS to scams like Opair )
If you don’t invest you won’t earn
but slowly we are going into area when all new ICOs will be traps where 50% of ICO BTC will be funders BTC and they will dump that 50% ASAP on you
Hoping that bounties dumping while they are DEVs dumping they own stock.Beaware now about RISING RISK people.
PS: For me only good ICO is escrow with detailed milestones rest is piece of shit. !!!