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Author Topic: Why do you participate in crowdfunding?  (Read 447 times)
BTCGOLD
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February 01, 2019, 08:57:57 AM
 #21

My guess is that when you write "crowdfunding" you mean ICO ..?
The cryptocurrency market is growing very fast and we are still at the beginning of this development. I think that many investments made now can bring a very large profit in the future.

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February 01, 2019, 09:03:27 AM
 #22

Because I'd like to develope future. As for example, I see that a future after decentralized exchanges. And I'm more than sure that price of their tokens, will be much higher. For example DexAge ICO. Because decentralized exchanges, are much better for crypto than centralized!
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February 01, 2019, 09:10:30 AM
 #23

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?
I will pick the second option. Because from what i see from ICO first to be trend until now, there are no project that really serious on their roadmap. And for price, they not really think about it as long they list it on market.

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February 01, 2019, 09:15:59 AM
 #24

because if you lucky, when you participated in some ico sale crowdfunding, especially when pre sale stage, you will get a lot of offer such as discount or bonus, then if that project was successfull and the original price of that token become double or triple, you will be rich for sure.

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February 01, 2019, 09:23:02 AM
 #25

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?
You definitely got points to enlighten many people here but unfortunately I am not sure how many people will be making use of this discussion. Because, most people here are just focusing on making momentary money rather than looking for long-term sustaining benefits. This is the reason they are simply participating into any ICO and when tokens are getting listed in exchanges, they are simply dumping and then moving on. Literally they are killing of the concept of crowdfunding.

I believe if people here will be taking time to analyse the potential of a project then definitely they will not dump on listing. They do not take time to analyse the projects hence they are not waiting for projects to grow to get them the maximum benefits.

Crypto investors are missing out both finding good projects and making use of them for long term term with maximum benefits but making the whole ICO industry suffering just due to their ignorance on how to make use of the real meaning of crowdfunding. I guess proper education on awareness may bring good changes.
jagaban
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February 01, 2019, 10:37:30 AM
 #26

Many people enter into crowfunding with the wrong mindset. They think participating in an ICO crowdfund means getting a high return on investment after a few months. It does not work like this. I can't blame them though as the crazy bull run of 2017 caused investors to have this poor mindset.

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February 01, 2019, 10:38:54 AM
 #27

I like to support projects that I believe in, although it has brought me mostly losses. Even the coins that I got in the bounty I try not to sell, the projects should grow and show what they can do, the main thing is not to stumble on the scam.
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February 01, 2019, 11:05:51 AM
 #28

Let's be honest, a majority of people here is after profits. Sure a project can be revolutionize on paper but it's just an idea until fully executed.
Dacosta Osei-Tutu (OP)
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February 01, 2019, 03:00:04 PM
 #29

Everyone in this crypto space has their own free will to either sell or hold their ICO tokens. But honestly, dumping your coins at a very cheap price right after listing is not a nice approach.
Christinebeauty
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February 01, 2019, 03:06:22 PM
 #30

The main idea of crowdfunding is to support a project towards realization of its goals but many investors invest in ICOs for their own personal gains and that is why they quickly dump their tokens right after listing.

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February 01, 2019, 03:08:59 PM
 #31

Because they do not care about the project itself. The main goal is to make the most possible amount of money. It does not matter in what project to invest in, the aim is clear. Thats why the market is suffering at the moment.

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February 01, 2019, 03:17:36 PM
 #32

It is kinda confusing from the subject title and the question about making the token's price. But anyway, crowdfunding is very good because investment are consolidated so that we can support a certain project.

About the issue about dumping versus keeping the price of the token will simply rely on the holder. He has the power to decide whether to sell it. Some are just really afraid that they will lose their money if they don't dump it.
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February 01, 2019, 04:20:11 PM
 #33

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?
What amazes me is that, if those investors should dump what they have, at that initial stage, there will not be any profit coming to them, rather it would be loss.
Yet they still prefer to dump the price of the coin.
This is mostly done to manipulate the market, so that they can turn the whole thing to a trading event. This at will definitely cause a breakdown for the project if care is not taken.
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February 01, 2019, 04:24:57 PM
 #34

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?
I just go with the flow, if you see the price is not worth holding. I will sell it. from the very beginning I invested in ICO I planned to hold the long term. but for reasons of very low prices and dev less support so I sold it. and because every project I invest in is like this, I have already started withdrawing from the ICO.
caffu chino
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February 01, 2019, 04:28:24 PM
 #35

the reason I joined was to support the project and seek profits. I can't support it if I lose, so if I see the price of the token doesn't match the joke I better sell and leave the project. this might hurt but this is the fact. many people like me right now. some even worse they just wait for the pump and then dump it away.

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February 02, 2019, 10:31:40 AM
 #36

I think that I participate as investor. But If I will launch my own project, I won’t list my tokens without any release of my products. So it’s fault from both sides.
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February 02, 2019, 02:28:17 PM
 #37

in my opinion, most investors are now in a hurry to invest and do not want to take risks so that when coins appear on the market almost all investors and traders sell all their coins without seeing the future of the coin.
wenwen
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February 02, 2019, 02:30:25 PM
 #38

Now the main goal of a large mass of the crypto community is to make quick money. That's why people participate in the bounty and get their little awards and then immediately sell everything on the stock exchange. People who invest in ICO are not traders. They are very much interested in the fact that the price of the coin continued to grow and therefore they are interested in the quality of the product. As long as people think about the speculation of the crypto industry will not budge.
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February 02, 2019, 02:35:30 PM
 #39

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?
We invest on a good project because we want to support it so when they succeed on that, our money will be doubled or more. In investment we have to sell it so we can make profit, there is no forever coins on our crypto wallet we have to leave sometimes so we can hold a better coins.
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February 05, 2019, 07:50:38 PM
 #40

Nothing personal only business, as soon as the price of a coin exceeds the purchase price, you should immediately sell it, those who hold the coin and believe in the success of the project are either very naive people or beginners like me.
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