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Author Topic: Creating New Coin or Invest in ICO  (Read 1047 times)
guoyu78
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October 13, 2018, 02:09:44 PM
 #21

As the title pronounced which do you prefer Invest or create? For me the capability of creating new coin can make big income and big loss there is a certain period of time that this idea will fail, as for Investing in some ICO compare to other side you have a freedom to choose, we all heard, don't put all your eggs in one basket but what if *if* half of the dozen egg broke and the other four was on fatal condition and the last two was successful and these two coin made you around 10m usd and your capital was 11m usd all of effort and time come to waste you see it's really hard to choose between two, how bout you share your opinions and express yourselves into this topic.
If your essence of wanting to start an ICO is because of money you want to make from it and not because you at least want to create some opportunity in the space to bring something on board and to create some products that will be useful to the world, then you have failed.

It is either you have a product you want to pitch to the investors and be a proud owner of a project yourself, or you just simply invest in ICOs if you are looking to get in as an investor and make some good profits in the long run. However, one thing I am certain of is that, whichever choice you want to make, you definitely need to have the knowledge and something to bring to the table.
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October 13, 2018, 02:14:57 PM
 #22

As the title pronounced which do you prefer Invest or create? For me the capability of creating new coin can make big income and big loss there is a certain period of time that this idea will fail, as for Investing in some ICO compare to other side you have a freedom to choose, we all heard, don't put all your eggs in one basket but what if *if* half of the dozen egg broke and the other four was on fatal condition and the last two was successful and these two coin made you around 10m usd and your capital was 11m usd all of effort and time come to waste you see it's really hard to choose between two, how bout you share your opinions and express yourselves into this topic.
If your essence of wanting to start an ICO is because of money you want to make from it and not because you at least want to create some opportunity in the space to bring something on board and to create some products that will be useful to the world, then you have failed.

It is either you have a product you want to pitch to the investors and be a proud owner of a project yourself, or you just simply invest in ICOs if you are looking to get in as an investor and make some good profits in the long run. However, one thing I am certain of is that, whichever choice you want to make, you definitely need to have the knowledge and something to bring to the table.
of course, because to make coins it is not easy to find good ICOs for investment because there are so many coins that fail because there is less knowledge about making coins. so if you get a big income if I think it's better to invest in certain ICOs or crypto

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October 13, 2018, 02:15:04 PM
 #23

I've never created new coins so I can't compare both, but based on what I noticed, making a new coin is very complicated, not just anyone can do it and marketing it is also very complicated, so I prefer to just invest in ICO because I'm lazy with complicated things like created a new coins.

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October 13, 2018, 02:22:10 PM
 #24

As the title pronounced which do you prefer Invest or create? For me the capability of creating new coin can make big income and big loss there is a certain period of time that this idea will fail, as for Investing in some ICO compare to other side you have a freedom to choose, we all heard, don't put all your eggs in one basket but what if *if* half of the dozen egg broke and the other four was on fatal condition and the last two was successful and these two coin made you around 10m usd and your capital was 11m usd all of effort and time come to waste you see it's really hard to choose between two, how bout you share your opinions and express yourselves into this topic.

I think this comparison is just so far off each other to actually compare. Creating a new coin, as a developer, is something that is not easy to do since you have to prepare for a lot of aspects, and also, you have to legally register your coin and set off a good product to support it, especially nowadays when its so hard to actually put up a coin unlike before. On the one hand, investing in ICO is fairly easy compared to making your own coin. Don't get me wrong; it's not easy, but in comparing the two, investing in ICO is easier. The biggest consideration you should considering with investing is choosing which project to commit to.
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October 13, 2018, 02:27:28 PM
 #25

If someone gave me a lot of money and I have to pick one of the two I would go for ICOs. Starting your own coin requires a lot of work,money and if it fails there's no going back. ICOs have a downside too it's not that easy to determine which one would give you profit but the amount of effort you put in to investing is less compared to having your own coin.

If you really want to have a lot of money then you should try to create a coin even though it's useless. You can gather a lot of funds and sponsors if you create a nice ads about it since a lot of ICO and new coins is doing the same.
There's also a possibility that he won't gather enough funds due to countless ICOs appearing every day there won't be enough money for every single ICO out there. Some will succeed and others won't.

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October 13, 2018, 02:39:39 PM
 #26

ICO is risky already, but nothing compared to creating a new coin. It is possible to create it, all right, but the problem is to promote it and convince people they actually need your coin.
For this reason we see a lot of new projects based on some original idea: coin integrated in a service or store, and even in this condition it is hard for them to survive.
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October 13, 2018, 07:33:46 PM
 #27

Now is a difficult time for all iso projects. But I think that you can find decent projects that have a good idea and team.
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October 13, 2018, 08:19:12 PM
Last edit: October 14, 2018, 02:34:19 AM by maarx
 #28

As the title pronounced which do you prefer Invest or create? For me the capability of creating new coin can make big income and big loss there is a certain period of time that this idea will fail, as for Investing in some ICO compare to other side you have a freedom to choose, we all heard, don't put all your eggs in one basket but what if *if* half of the dozen egg broke and the other four was on fatal condition and the last two was successful and these two coin made you around 10m usd and your capital was 11m usd all of effort and time come to waste you see it's really hard to choose between two, how bout you share your opinions and express yourselves into this topic.

Investing in a ICO is good and requires just a reasonable amount but creating a new coin is not easy and it does require more knowledge and more stuffs besides money. If you are skilled enough and have a team who has experience in creating a coin, then yes you can do so. A big capital and technical experience is damnly required. Nothing else. Just spend time analysing the market growth and pitch in when you ate done with your new coin.



























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October 13, 2018, 09:56:14 PM
 #29

Creating a new coin is more complicated. You need to have a good and knowledgeable team with you. And you need to have resources so you can support all the needs in creating your coin. So for me investing in an ICO is better. But we need to take a good look on the ICO that we are investing in. So we won't be a victim of scam ICO's.

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October 13, 2018, 10:53:29 PM
 #30

In my opinion. You better invest in coins that have been circulating in the trade market than you make new coins or invest in ICOs. currently the number of digital currencies is very large and many of these coins which do not have good credibility so they cannot last long in the trade market. and currently there are many ICOs that have failed because of the poor quality of their products. so, you better choose a coin that has been able to survive in the trade market and has good quality.

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October 13, 2018, 11:45:00 PM
 #31

As the title pronounced which do you prefer Invest or create? For me the capability of creating new coin can make big income and big loss there is a certain period of time that this idea will fail, as for Investing in some ICO compare to other side you have a freedom to choose, we all heard, don't put all your eggs in one basket but what if *if* half of the dozen egg broke and the other four was on fatal condition and the last two was successful and these two coin made you around 10m usd and your capital was 11m usd all of effort and time come to waste you see it's really hard to choose between two, how bout you share your opinions and express yourselves into this topic.

It seems to me that, you need to think it either you invest or creating a new coins. But personally, If I will choose between investing or creating a new coins I would rather to invest. why? because it is not easy to create a new coins because there has a possibilty that it did not work and many of your hardwork will ne useless rather that investing that you will only spend a money that you can afford to lose.

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October 14, 2018, 03:00:54 AM
 #32

Why creating a new cryptocurrency if you don"t have something news to give to people? There are thousands of coins already, so you really need to make THE difference from others.

Invest in ICOs? Same here, why would you invest in an ICO knowing that most are either scam, dead born, no innovation behind. There are too many existing coins

If it's all about money I prefer to invest in an established project rather than jumping on creating a coin or who knows what else, while I have no idea how to...

Now is a difficult time for all iso projects. But I think that you can find decent projects that have a good idea and team.

Take the shortcut and avoid each of them

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October 14, 2018, 03:08:04 AM
 #33

As the title pronounced which do you prefer Invest or create? For me the capability of creating new coin can make big income and big loss there is a certain period of time that this idea will fail, as for Investing in some ICO compare to other side you have a freedom to choose, we all heard, don't put all your eggs in one basket but what if *if* half of the dozen egg broke and the other four was on fatal condition and the last two was successful and these two coin made you around 10m usd and your capital was 11m usd all of effort and time come to waste you see it's really hard to choose between two, how bout you share your opinions and express yourselves into this topic.
I prefer to invest in an ICO than creating a new coin because this is the easiest way to earn huge profit when you're lucky enough.Creating a project is never that easy,developers need to be very knowledgeable inorder to earn trust from its investors and could create huge adoption.Cryptocurrency needs it and creating also a coin has high probability of speculations if its gonna work out or fail.
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October 14, 2018, 03:33:17 AM
 #34

Creating a coin is really hard because you need a team and smart team. You need also develop you unique and good project so the investor will invest to the coin that you created. Investing in ICO is good but choose only a good project that yout money will grow and not gone.
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October 14, 2018, 11:41:51 AM
 #35

If you have a unique project with a usefullness of extreme and you have an amazing and professional team, and mind you, you should have a good money to start up for advertising, then making your own coin will be good, else investing will be the best decision.

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October 14, 2018, 11:53:46 AM
 #36

If you have enough money and experience, then starting your own business by creating a new coin will be more profitable.
But, keep un mind that creating the coin is not the most important thing (I think it would be the easiest part).
Investing in ICOs is less profitable (in 99% of cases) but does not require any effort.

But you need to be smart enough then probably you might as well do the two. Invest then start a new one. Real businessman used different ways to gain profit. And with this it is both profitable so do the same if you really wanted to gain profit. But then you need to have enough knowledge.
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October 14, 2018, 12:04:19 PM
 #37

If someone gave me a lot of money and I have to pick one of the two I would go for ICOs. Starting your own coin requires a lot of work,money and if it fails there's no going back. ICOs have a downside too it's not that easy to determine which one would give you profit but the amount of effort you put in to investing is less compared to having your own coin.

If you really want to have a lot of money then you should try to create a coin even though it's useless. You can gather a lot of funds and sponsors if you create a nice ads about it since a lot of ICO and new coins is doing the same.
There's also a possibility that he won't gather enough funds due to countless ICOs appearing every day there won't be enough money for every single ICO out there. Some will succeed and others won't.

In other words, you prefer to risk investors money rather than your own.  Cool Very smart Wink

However, the difference between new coin and the ICO is too big to discuss it only about the funds.
To create a new coin - with the current high level of development of existing coins, someone will need really large resources and a group of very good specialists to even try.. There are a lot of good coins on the market, so the competition is huge - it's hard to imagine how hard it would be to fight with them on the market!
ICO gives the opportunity to promote a new idea that does not necessarily have to be related to the cryptocurrency market. That's all you need is a good idea, willingness and the ability to convince investors to trust you.
If you don't think about tens of millions $$$, but only about realizing your dream, but a good and perspective project - I definitely recommend ICO.

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October 14, 2018, 12:19:38 PM
 #38

If you have much knowledge and has big financial assets then you can create coins of yours but both of them required great risked to begin with because even ICO don't give guarantee that it really succeed in the market and gain investors to it. Maybe i would suggest to invest on tokens or projects that already on the market that have a good feedback and well participated from the crypto community. With that it surely guarantee your gain from you investments.

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October 14, 2018, 12:31:45 PM
 #39

both actions are not easy to take on, create a new coin is massive work with a correct people, if not it can get fail and investing in an ICO also not easy you must study the entire project and the people then you can get clear picture about it

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October 14, 2018, 01:19:42 PM
 #40

In my personal opinion probably much better to invest in any ICO investment site even some projects are not trustworthy.  rather than investing your money by creating new coin on this very volatile market, because it's not safe and very difficult honestly. common reason why there are more shitcoin nowadays .so don't waste your money and efforts on that idea  mate especially if you don't have knowledge how it works. which is much better to choose the best and sure way to become profitable.  
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