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blmpnetwork (OP)
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May 23, 2018, 07:58:21 AM
Last edit: May 28, 2020, 11:40:23 PM by blmpnetwork
 #1

***EDITED***

BQ
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May 23, 2018, 08:00:56 AM
 #2

how do you expect this to be answered?
it entirely depends on the ICO, if you invested in Ethereum at $0.5, it didn't take very long before you made good profit.
if you buy into an ICO selling bananas, you probably won't be making any profit

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azvn
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May 23, 2018, 08:14:14 AM
 #3

How long does it take for an ICO to be profitable?




Its hard to answer it, some ICO will profit immediately after end of ICO, some ICO take few months, some take 1 - 2 years. It all depend on team, project, their product and support from their community.
It also come from the exchanges they are listed. Some exchanges like Binance, Bittrex can make ICO to be profitable after listing on with huge big volume of trading, big numbers of traders. Therefore, all ICO want to be listed on Binance and its not easy to list on big exchanges immediately after end of ICO without products.

Golftech
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May 23, 2018, 08:18:20 AM
 #4

Depends on what type of ICO did you support, since even good coins can't be predicted how fast and how progress things will happen with certain project,
If you are aiming for bigger gains then I might say if you are holding usable ICO tokens then better to keep it minimum of 6months then see how the progress will take, if your coin is really usable from this industry then you will expect a big gains after.
befriendmywater
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May 23, 2018, 08:22:01 AM
 #5

How long does it take for an ICO to be profitable?



this really is a good question, but it depends on a lot of different factors, consolidated business plan as its development scale, the staff, ...
So no one will be able to accurately answer you, only the people who created the new project predicted quite accurately it.

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MOG247
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May 23, 2018, 08:30:19 AM
 #6

How long does it take for an ICO to be profitable?




And who will answer this question? We are not in the best position to answer your question as we are not part of the project team. It may take months or years, it all depends on the seriousness of the team and how viable the project is.
ToddDiaz
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May 23, 2018, 06:40:36 PM
 #7

Just as long as it takes for the team to get their coins listed on exchanges and even after that you might have a bit of a wait because the coins might go down a bit in price when they get listed and so it will take a while for the price to get back to normal and start growing. So basically, as long as it takes to get to your goal and make a good profit
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May 23, 2018, 06:50:02 PM
 #8

I think that for a long time crypto projects will be very in demand and will not lose their relevance. This is a unique opportunity for both investors and developers.
vasil777
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May 23, 2018, 07:01:20 PM
 #9

How long does it take for an ICO to be profitable?



It seems to me that a good and popular ICO needs a month to collect a solid amount of money and start successfully. But in such a situation in which the crypto market is now I think the project will take two months to start successfully.
Swati Kapoor
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May 23, 2018, 07:08:48 PM
 #10

Depends on what type of ICO did you support, almost ICO takes around 6 months. Latest I just participated in SciDex’s community program. It's a great project and i very excited about it's ICO.
idioma1
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May 23, 2018, 07:14:12 PM
 #11

It depends from ICO. If it has really good product or service on which there is a demand it will be profitable for a long time coz it has space and ability to grow.
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May 23, 2018, 07:15:56 PM
 #12

Man, it depends on concrete project u wanna invest to. The average amount of time cant be said. A month most efinitely lol U gotta wait for it more.

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crampus
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May 23, 2018, 07:16:21 PM
 #13

I think 3 months would be enough, from my experience of participating in campaigns, some and half a year is not enough.
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May 23, 2018, 08:56:13 PM
 #14

Whether ICO can make profits does not depend on the time it holds. This is related to the project you invest in. Usually a good project can be profitable immediately after entering the stock exchange. The longer you hold it, the more likely you will be profitable.
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May 23, 2018, 08:59:55 PM
 #15

I do not risk and do not wait, I sell tokens at the end of the ICO because they usually do not cost anything at the moment when the participants of the bounty begin to actively sell the tokens accrued to them
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May 23, 2018, 09:04:03 PM
 #16

It may not even be profitable, you have to choose a nice project, with some luck, and wisdom included, and than you may can earn some good profit within some months.

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May 23, 2018, 09:04:50 PM
 #17

There is not fixed amount of time that is needed for a project to develop. Some ICO need more time than others. Still most good ICO will show good progress in the early stages.

 
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ttookk
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May 23, 2018, 09:05:16 PM
 #18

How long does it take for an ICO to be profitable?




Really depends on the ICO, like everything else as well. However, I rememember that around the time Lisk had its ICO, ICOs were hugely profitable right off the bat. This changed a lot with ICOs becoming as popular as they are now.

This isn't much of a metric, but from what I personally gathered, ICOs worked best for me when nobody gave a shit about them while in ICO stage, be it because ICOs weren't a thing anyway, or because everybody was sick and tired of ICOs in general.

What I'm looking at right now is something like this:

I'm not really an ICO nut, but this one caught my eye:

Adamant

I gotta say, in a world where almost all ICOs are run through Ethereum, many of which are promising a mainnet "eventually", having a project which not only uses something else than Ethereum, but also already has a working network is pretty refreshing.

Lisk, which Adamant is based on, did quite well back then, as did a lot of non-token, non-Ethereum ICOs.

We'll see whether times may have changed, but I always went with the underdogs and it paid off in the end.

Another, more recent example was Dragonchain. It had its ICO in a kind of depression state, where everybody was pretty much fed up. Additionally, it had no Hardcap, which people disliked as well. Turned out to be one of the big, big winners.

So, my bet is on Adamant, because it is pretty much a dark horse at this stage.

More of my thoughts on it here:

Can I just say how glad I am to see an ICo which is not just another ETH token?

My personal thoughts:

Pros:
  • Working prototype
  • Proven consensus system (Lisks codebase)
  • Relatively small hardcap (12 000 ETH or roughly 8 000 000 $)
  • Most of the tokens will be distributed
  • Sniffing around indicates, that this is a legit project (E.g. interview on the Lisk blog, yet no official endorsement)

Cons:
  • I'm not sure whether an independent blockchain is really needed for this project
  • It's still a token solution, meaning, you'll have to jump through hoops to get the tokens to pay, as opposed to payment via established currencies

General thoughts:
There is a number of projects working in that direction, which on the one hand is competition, on the other hand indicates a general interest in the idea. From what I'm seeing, Adamant is pretty far ahead, compared to others (Hush, ODN, et. al.).
With SHIFT, Ark, RISE and Blockpool, Lisks codebase has been utilized quite a bit. Projects like EOS will be using a variant of DPoS as well, so there might be more interest in projects going that route.
All in all, I feel the positives outweight the negative aspects, so I'll put a little bit in there.

Ref link:

https://adamant.im/ico/?referal=U10700721906004344123


Ref link shill: https://adamant.im/ico/?referal=U10700721906004344123
Halbert
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May 23, 2018, 09:05:20 PM
 #19

Possibly after the release of the token to the exchanges and after a few months it is possible to sell them at favorable prices  Wink
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May 23, 2018, 09:05:58 PM
 #20

Businesses naturally thrive in direct proportion to the level of value they bring to the table and how many people are actually aware of the value they carry hence the huge sums of money companies spend in advertising their products. It totally depends on value and the level of awareness.
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