Why do people have no faith in ICO's?

[Therightone]

I just don't get why people aren't trying to push good projects more than they are trying to shoot down everything

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[lopez cryptomania]

most of the time the majority of ppl have no idea on what they are "investing" in so they give all the good ICO's a bad name bc now many think they are all crap coins. Do your research ppl!

[chocolaty]

I just don't get why people aren't trying to push good projects more than they are trying to shoot down everything

Because some people think ICOs are all scams. Due to lack of knowledge about stuffs about ICO, they choose to stay away and avoid taking risks than doing research. Still, we cannot push people to believe to something they don't want to believe in the first place. It is their own preference. If they don't want to be educated, let's just let them be.

[iconoclast]

There are good ICO's, you just have to find them amongst the more common poor quality ICO's. If you use a systematic approach to your due diligence it is not that hard to separate the two.

[m.vina]

Past experience.

Its probably because too many ICOs have already failed to deliver and even some have actually ran away with investors money.
Finding a good ICO is like finding a needle in a haystack.

[vladimirhf]

cause many are frauds.. people need to check if they are really working in something before investing

[shandi albert]

Trust may not be completely down for ICO projects but there are some people who complain because of the very low price when entering the market. They already spend a lot of money for an ICO and that they can price fall below the price of ICO.

[Therightone]

I have kept hearing it's all in the approach, and that there are ways to tell good from bad, I don't know how things really work around here but is that something people would be willing to share?

[JENREM]

I just don't get why people aren't trying to push good projects more than they are trying to shoot down everything

People won't try to push good projects because the first thing that come into thier mind is all negative thoughts which can lead to disappointment at all times. Try to think on a positive side maybe it will help you to do not think bad towards ICO's.

[lenj]

There are good ICO's, you just have to find them amongst the more common poor quality ICO's. If you use a systematic approach to your due diligence it is not that hard to separate the two.

Yes maybe its not easy for to find and separate those two but you still can not make sure 100% right.
For the other people like me too, its so confusing to find between potential and shitcoin one. So thats why till now i am investing but i am yet afraid with my decision.

[Nagricoin]

I think because also most people have no faith in IPO)
Most of them don't prefer high risk

[Getmon]

I just don't get why people aren't trying to push good projects more than they are trying to shoot down everything

I still believe that those who have great knowledge about crypto have faith in ICOs. Most often, the non-believers of ICOs are the ones that have yet to understand the great advantage of participating in ICOs. These are also the same people who do not walk a single mile in getting to know the different ICOs offered. Most probably, these are the people who have tried investing without doing a little research and ended up scammed.

[Therightone]

Those are all great points. I've just been building a portfolio of solid alt coins and I'm thinking, why would I not go and use 10% of my portfolio on projects that could actually make a difference? Can I lose sometimes sure but if everyone thought that way then would the first alts ever been successful and would we ever be debating in this thread? Idk just food for thought

[#CapsLOck]

Trust may not be completely down for ICO projects but there are some people who complain because of the very low price when entering the market. They already spend a lot of money for an ICO and that they can price fall below the price of ICO.

We really have to expect that the price will not continue to become higher and higher, because it all depends upon the status of the market. That's why people you have to be open minded in that kind of situation before you invest on the certain amount of the project.

[shandi albert]

Trust may not be completely down for ICO projects but there are some people who complain because of the very low price when entering the market. They already spend a lot of money for an ICO and that they can price fall below the price of ICO.

We really have to expect that the price will not continue to become higher and higher, because it all depends upon the status of the market. That's why people you have to be open minded in that kind of situation before you invest on the certain amount of the project.

There are even ICO some that do not fit the road map for registration in the market, so the lack of investor confidence in the developers. so that when the tokens enter the market they immediately sell all tokens owned and make the price very cheap.
Essentially everyone investing in ICO already knows the risks to be had.

[stephiechoiii]

Some people dont have faith in ICO maybe because they are afraid to take risks. They dont explore the ICO world and have knowledge about it.

[batang_bitcoin]

I just don't get why people aren't trying to push good projects more than they are trying to shoot down everything

We are on different years now. People tend to invest to those projects that are only promising great returns and profit so you have noticed that there are some projects that are not being pushed despite of their potential and the goodness of what they are trying to innovate. And ICO's popularity has increased and scammers are also using them to take advantage, that's why some are just playing safely and don't want to become a victim of those potential scams.

[thycrypto]

ICO's come out and out of nowhere FUD can instantly dump it, true or not. That is why people are losing faith in them. They are not making sense and it is all about moon and making gains. But non-reliable teams are trying to hype something and make more people invest

[Robert543]

you just have to find them amongst the more common poor quality ICO's

[dalesotpi]

Maybe because they were scammed in their previous transactions with ICOs or it can be that all ICOs they joined in and invested failed.
And so they no longer trust in ICO projects.
Usually faith in something crumbles if all fails.
This is just giving all ICOs in general a bad name due to bad experiences.

Trust in ICO people