Dacosta Osei-Tutu (OP)
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February 01, 2019, 12:54:35 AM |
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The main idea of crowdfunding is for investors to pull their monies together to support the launching of a project. Unfortunately people join ICOs as traders not investors so the moment the coin is being listed, they quickly dump them without even waiting for the project to launch any of their products, destroying the price of the coin. Now these same people will come and create a thread here that ICOs are dead. In fact crypto is not dead, we are actually killing it.
Is your main idea to support the project or just to make profit from the bonuses and go your way?
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fuer44
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February 01, 2019, 01:06:26 AM |
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the estimation is that investors start buying when in pre-sale and the price is still cheap and when it is launched into the market exchange, of course the value goes up and can get profit. while traders who start trading when the token has been launched into the market exchange, of course the purchase price is different from the investor who starts buying when crowdfunding.
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tabas
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February 01, 2019, 01:15:16 AM |
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Crypto is far from being killed so don't think that we're going to that point. The idea of crowdfunding came early and those successful projects were funded appropriately. But failure is already there and not every project that held ICO/crowdfunding became successful. Is your main idea to support the project or just to make profit from the bonuses and go your way?
I don't join any ICO but if there will be an interesting, I'll support but you can't deny the fact of having some profit.
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minersday
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February 01, 2019, 01:42:20 AM |
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People normally support projects basically to make some extra profits from what they initially invested. Crowdfunding is designed to be a means for projects to raise funds to support their projects and also to give the general public of the crypto space the opportunity to invest into the project through the purchase of their crypto coin or token. Crowdfunding in the crypto space is usually seen as investment avenue for people. I only participate in crowdfunding of projects with promising improvements and advancement to the crypto space.
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antsam
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February 01, 2019, 03:22:04 AM |
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That's right, for ICOs who really succeed in raising funds but the price of coins or their tokens are destroyed a lot due to traders who enter ICO as short-term investors open to long-term investors. They take advantage of discounts or bonuses from pre-ICO and ICO purchases that can get tens of percent bonus. But it's always blamed for bounty hunters, even though their share is only around 2% - 3% of the total tokens sold
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canaveralnonie
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February 01, 2019, 04:23:33 AM |
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That's right, for ICOs who really succeed in raising funds but the price of coins or their tokens are destroyed a lot due to traders who enter ICO as short-term investors open to long-term investors. They take advantage of discounts or bonuses from pre-ICO and ICO purchases that can get tens of percent bonus. But it's always blamed for bounty hunters, even though their share is only around 2% - 3% of the total tokens sold
It's not always the bounty hunter, the real thing to blame is the admin of those ICO project. The down fall of the project start on internal and not those bounty hunters who only want a real money than it's alternative coins.
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cryptofirm
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February 01, 2019, 04:25:23 AM |
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first,, its depends on what kind of project is,, if i believe the project is good for long term investments,, for sure i will investing in the project i will do my own research in all aspect before investing,,
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ccsang
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February 01, 2019, 05:14:22 AM |
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I think most of them not really support the project, as a investor it's not their fault, everyone can decided to dump the coin early or hold it looking for better future, all of us is talking about investment and money, but I won't dump the coin because I looking for it's become successful in the future, that's why I'll choose to investing in some potential project.
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elite070
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February 01, 2019, 06:21:25 AM |
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The main idea of crowdfunding is for investors to pull their monies together to support the launching of a project. Unfortunately people join ICOs as traders not investors so the moment the coin is being listed, they quickly dump them without even waiting for the project to launch any of their products, destroying the price of the coin. Now these same people will come and create a thread here that ICOs are dead. In fact crypto is not dead, we are actually killing it.
Is your main idea to support the project or just to make profit from the bonuses and go your way?
Is that some sort of an ICO? Crowdfunding system is like an Initial coin offering where investors are buying coins then withdraw that in time where its market is good enough.
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OluwaTosin10
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February 01, 2019, 06:33:57 AM |
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The main idea of crowdfunding is for investors to pull their monies together to support the launching of a project. Unfortunately people join ICOs as traders not investors so the moment the coin is being listed, they quickly dump them without even waiting for the project to launch any of their products, destroying the price of the coin. Now these same people will come and create a thread here that ICOs are dead. In fact crypto is not dead, we are actually killing it.
Is your main idea to support the project or just to make profit from the bonuses and go your way?
Every investors join a crowd sale for the sole purpose of making profits Some investors prefer to wait on the long term profit by not dumping on exchange While short term investors dump upon listing of token But, if it is a good project with working product, it will increase higher in price, no matter the level of dump
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puremage111
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February 01, 2019, 06:39:28 AM |
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1st of all: Trust and give believe to the project so they are motivated to perform their task and achieves goals
2nd of course is to make some profits there, its like PRE IPO or we called it the "early investor" where you could make good gains if the project succeed
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CLywaTeLb
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February 01, 2019, 06:46:18 AM |
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Perhaps many ICO members do not position themselves as traders. They expect the asset to grow immediately to half the listing. If this does not happen, they sell to buy an asset in another project. In 2017, it often happened that a pump started immediately after listing. Apparently, many investors live in 2017 in this sense ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) .
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Outlander
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February 01, 2019, 06:59:43 AM |
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This situation is based on market conditions. If investors see the market very well, most people will choose to hold it instead of selling it.
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florac9
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February 01, 2019, 07:00:34 AM |
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What about scam ICOs? That's not the only problem facing icos this days ,the problem of dumpers can't be control and its left for developers to find a solution out but seriously what is so bad about people dumping there tokens? Cryptocurrency is freedom right?so everyone has right to do whatever they like with there tokens ,if the project is a good one then it will survive the dump ,my advice is developers should stop wasting time launching crappy projects it will always fail
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Stavvay
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February 01, 2019, 07:31:39 AM |
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Save the date! Ask Me Anything (AMA) with CEO Yoav Dror, CTO Aristos Christofides and CBA George Kourtellos on February 06, 2019. Send us your questions and join us on telegram: https://t.me/PumaPayhttps://imgur.com/0y1V0zP
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umbara ardian
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February 01, 2019, 08:19:31 AM |
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usually I became a participant in the crodfunding in several ICO projects because I wanted to benefit and wanted to grow the assets that I had and wanted to help the project platform to raise funds.
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erkan.camli
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February 01, 2019, 08:50:28 AM |
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You are totally right about this. People who want to invest in the project will be harmed by people who want to make small profits. The crypto market has recently been the place where everyone is trying to make a profit without distinguishing the project. Therefore, the projects that will be valued very much cannot be damaged by buying or selling.
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t3ChNo
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February 01, 2019, 08:53:28 AM |
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Depends on the project and their market. Currently, I don't see any projects that interests me more.
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Levyathan
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February 01, 2019, 08:55:53 AM |
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I'm not participating in the crowdfunding since there are so many times I should waste. Rather than investing, I just could make a profit while buying the coin once it hit exchange.
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IVEXO
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February 01, 2019, 08:56:46 AM |
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I participate in a crowdfund after doing research and finding out their product, how the product will worth Their roadmap and achievements, their partners and more importantly the total supply and its allocation
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