Important ICO lesson: Cash out your initial investment

[COINISM0001]

So Ive learnt it the hard way. If youre in profits for an ICO you participated and youre waiting for it to moon further, there is no harm in waiting but pull out your initial investment

This will:

1) Put you in a no-loss out of pocket situation

2) Your risk is now out of your profits

3) Its Moon or dump from here, so be patient!

[george_crypto]

That is good strategy sometimes.
But unfortuantely some projects don't even get your initial investment with bad opening.
Some are opening stable then go to the moon.

[srmecdes]

yes it is absoultely an options but it is not my firstly choise.

I take risk and wait for bigger benefit.

[jakiro.hovard]

I completely agree with the fact that we are writing a topic for a starter, because of course your money should be immediately taken away, if you do not do this and lose everything, then it will be very unfortunate, of course, but if you take your money and then lose what you could earn on ICO , it will not be completely offensive

[boyjackyou]

If you really believed in the project,and you saw it has good potentials to grow in the future hoding these tokens is the best thing to do.But if you arent confident with the project that you have joined its better to dump these coins or else you will regret you didnt at the very end,but be patience because a lot of dumb people are still buying shitcoins,worst coins are still being bought by these people so you still have chance to take profits.

[goyald2801]

So Ive learnt it the hard way. If youre in profits for an ICO you participated and youre waiting for it to moon further, there is no harm in waiting but pull out your initial investment

This will:

1) Put you in a no-loss out of pocket situation

2) Your risk is now out of your profits

3) Its Moon or dump from here, so be patient!

agreed , whether it is ico or already listed coin on exchanges , try to recover your investment first ,
so that you don't play in hands of whales .
and always be safe from any loss due to any bad news in crypto market for that coin .

[Lerikaweb]

People's  greedines doesn't allow them do so.  This strategy  minimizes both risks and potential income. The author must be a cold-minded person,  because as for me such a behavior may be pretty wise and reasonable.  

[gyun.094]

If ICO only went to the stock exchange, I would wait.

[nakauten]

Cashing out your investment as soon as the end of the ICO isnt a good way of taking profits,because these tokens will grow more in the future i am talking a bout a couple of montjs of holdings,so these developers will have some chance to prove their competency in developing the project's full potentials.There will be big difference between the ICO price and its price after a couple lof months.

[Igromania]

So Ive learnt it the hard way. If youre in profits for an ICO you participated and youre waiting for it to moon further, there is no harm in waiting but pull out your initial investment

This will:

1) Put you in a no-loss out of pocket situation

2) Your risk is now out of your profits

3) Its Moon or dump from here, so be patient!

Good advice, but not everyone does that and I think it's stupid. Because no one can know how the project will develop, it could go bankrupt in 3 months just because people didn't know how to handle money and you will lose all invested money.

[sparg]

I think that this is only selfish.
If you invest in a company, the minute you get to 0 you cash out?
By doing this you are not helping the project and means that you dont believe in what it stands for.
I dont see why you invest in the first place if you just want your money back. Move it from a pocket to other.... its the same thing.
Maybe some noobs will lister to your shit advice... hope not

[visiblehand]

Not really any theoretical reason to do what OP is saying, but definitely makes it psychologically easier if you're just 'playing with house money' because you already cashed out a profit.

[chaosfourever]

Whats the point? I only invested $200. If I lose it its not that big of a deal. I made 50k so far so it would have to tank a lot for me to lose my whole $200.

[atliens99]

This is a terrible strategy, you are losing out on a lot of potential profit.  WE risk big if we want big profits.  If you want to play it safe stick to regular investments.

[squesto]

It really depends on what your goals are - I would say that cashing out your initial investment is a great way to allow yourself to feel better about taking (additional) risks, but at the same time if you view your initial investment as "lost" capital, then you can just let it ride!

[TheAlchemist]

For me, this is not an acceptable strategy. This is some kind of nonsense.
You spend 1 ether to buy tokens. As soon as the sale begins on the exchange and your investment is equal to 1.01 Ether. What's the point of selling? 0,01 leave in tokens? Are you joking?
If you do not believe in the project, why are you investing?

[awazieik]

So Ive learnt it the hard way. If youre in profits for an ICO you participated and youre waiting for it to moon further, there is no harm in waiting but pull out your initial investment

This will:

1) Put you in a no-loss out of pocket situation

2) Your risk is now out of your profits

3) Its Moon or dump from here, so be patient!

You are right. The issue i have with many investors is that they don't have an exit strategy. The issue with thinking about the moon is that you can trade like a day dreamer. Risking your investment because one believes that they will be super rich; there has to be a balance and this can be achieved with an exit strategy.

[Dissident991]

For me, this is not an acceptable strategy. This is some kind of nonsense.
You spend 1 ether to buy tokens. As soon as the sale begins on the exchange and your investment is equal to 1.01 Ether. What's the point of selling? 0,01 leave in tokens? Are you joking?
If you do not believe in the project, why are you investing?

Of course he means projects that makes more than x2 after listing on exchange. Pulling out your initial investment is simple and good strategy without losses.

[oddwh]

My strategy about ico is the same than with all my investments : I cash out my initial investment when the price reaches 3x my buy price. Sometimes, this never happens, but whatever, if you invest only what you can afford to lose (yeah, that works with cryptocurrencies investments made from BTC too), I still can invest somewere else in parallel with the leftover I own.

3x price isn't that hard for good projects, in this situation, I get back my investment and I still own 2/3 of my coins, which is still a good amount for the future  

[samamatara]

It's case by case really, and depends on your strategy like all other investment decisions.
To put a blanket advice like this out there is just foolish