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Author Topic: [2018-07-09] Half of ICOs Die Within Four Months After Token Sales Finalized  (Read 19 times)
vit05
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July 09, 2018, 07:38:05 PM
 #1

Bloomberg

About 56 percent of crypto startups that raise money through token sales die within four months of their initial coin offerings.

That’s the finding of a Boston College study that analyzed the intensity of tweets from the startups’ Twitter accounts to infer signs of life. The researchers determined that only 44.2 percent of startups survive after 120 days from the end of their ICOs. The researchers, Hugo Benedetti and Leonard Kostovetsky, examined 2,390 ICOs that were completed before May.

Acquiring coins in an ICO and selling them on the first day is the safest investment strategy, Kostovetsky said in a phone interview. But many individual investors can’t participate in ICOs, so this option isn’t open to them. Still, all investors should probably sell their coins within the first six months, the study found.

"What we find is that once you go beyond three months, at most six months, they don’t outperform other cryptocurrencies," Kostovetsky said. "The strongest return is actually in the first month."
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July 09, 2018, 08:24:35 PM
 #2

It would help if you provide the link as well.
https://www.bloomberg.com/news/articles/2018-07-09/half-of-icos-die-within-four-months-after-token-sales-finalized

People know that ICOs are extremely high risk (if not outright scams). But they still go ahead and invest because of greed. If you do not get out at the right time, you can lose all your money in these scammy ICOs.


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vit05
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July 09, 2018, 10:09:33 PM
 #3

It would help if you provide the link as well.
https://www.bloomberg.com/news/articles/2018-07-09/half-of-icos-die-within-four-months-after-token-sales-finalized

People know that ICOs are extremely high risk (if not outright scams). But they still go ahead and invest because of greed. If you do not get out at the right time, you can lose all your money in these scammy ICOs.

The link is in the post. Just click on bloomberg. I always put the source from the news I post.
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