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Author Topic: ICO makes me sick  (Read 18833 times)
mdzahed134
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February 20, 2019, 04:03:31 PM
 #61

ICO makes me disappointed and hopeless when i lost money to investing in the different potential projects. A few promising project can't raise hard cap i mean fail and a lot of projects looking good but behind the scene going to scam. So there are no attraction to plan invest in the new ico project and sometimes for suspecious activities in team member. Also many scammer try to build up own project and collect fund.                    

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baigreen
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February 20, 2019, 04:30:24 PM
 #62

ICO makes me disappointed and hopeless when i lost money to investing in the different potential projects. A few promising project can't raise hard cap i mean fail and a lot of projects looking good but behind the scene going to scam. So there are no attraction to plan invest in the new ico project and sometimes for suspecious activities in team member. Also many scammer try to build up own project and collect fund.                    

Friend, I see you as well as I am a hunter. Knowing how many projects do not pay money and disappear, are you still continuing to invest? All that I can invest in good projects today is my time. Now I have high hopes for the music project, I hope the developers will not let us down.

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February 20, 2019, 04:32:32 PM
 #63

indeed it is very difficult to find a truly good ICO and have a future because of the many scammers who use the situation to seek profits and the impact is that investors are now hesitant to invest in the ICO. but I am sure this year there will be a good ICO even though we are very difficult to find out.
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February 20, 2019, 04:53:58 PM
 #64

No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.

In my observation regarding about the ico projects so far, there are ico project that has budget fund for their project and some are don't have, they have the guts to create an ico because literally they collect fund from the investors who will get interest to buy their token according to the price they released to their announcement. Though for the past many months since last year which is 2018 lots of the ico are scams and few of them only are legit.
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February 20, 2019, 05:33:42 PM
 #65

So many ICOs failed, because they could not raise the required found and some are still making sales, still pursuing hardcap for almost a year now, if not up to a year. An example of such is Zero carbon project and there are couple of others too
Some of them are yet to start their ICO, because they cannot yet trust if investors will be interested in their project.
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February 20, 2019, 05:54:14 PM
 #66

No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.
definitely a lot more investors will be affected by the ICO your investment because the development will not happen to any investment in the previous year so it will be a difficult situation and take a risk for the next way of money making so definitely need some changes from here.
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February 20, 2019, 06:02:39 PM
 #67

I believe the ICO market is die off, see Grin model, most of the exchanges are pledging part of their trading  fees to the platform, this is another model to follow. I believe the craze about getting into ICO before its hit the market is gone, because people are getting better deal buying on exchanges than buying into ICO, reason being that so many of these projects gives huge discounts to early investors which start dumping immediately the tokens hit exchanges.

Emilyp
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February 20, 2019, 06:17:48 PM
 #68

Sincerely I'm not a fan of ICO, how they collect investors money on bare promises which they never fulfil. The sad part is that some refuse to distribute bought tokens even months after ICO, giving one flimsy excuse or another.
forexandcryptoauditor
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February 20, 2019, 06:26:38 PM
 #69

The idea behind the ICO was to enable the start ups developing their products based on blockchchain technology, by raising funds. Since they do not have much resources to do it, only way is the collect funds from private investors and from small investors like us. Once project receives enough funds, they can spend it on team expansion and thus full development of the product.
But as world is full of scammers, some people are taking advantages of it.
Not showing how much they raised, no updates on development in months, no signs of forwarding of the project, and as you mentioned, opening another similar project to increase funds.
This cause losses to no one but small investors.
I feel that we should invest only in projects which have strong existing foundation.

ajaymukund
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February 20, 2019, 06:44:55 PM
 #70

I understand your feeling but we need to accept it. The crypto market is very harsh and it is not as simple as people think. That is why many people commit suicide when investing in crypto.
We need to keep the cool head for analysis and evaluation. If we don't have sanity, we will lose everything.
And remember, the decentralized market is focused on a lot of bad guys and scams, be careful.

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February 20, 2019, 06:46:07 PM
 #71

Still, investing in ICO is a risk! In General, investing in coins is two types of risk. When the coin is already on the market you invest, buy it, and the risk is that you can suffer losses on the exchange. When you invest in ICO, the coins may not go to the exchange, then the risks are doubled, or the coin will not go to the exchange or will come out but you can not skillfully trade on brz
LeetPoolsOP
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February 20, 2019, 07:01:56 PM
 #72

indeed it is very difficult to find a truly good ICO and have a future because of the many scammers who use the situation to seek profits and the impact is that investors are now hesitant to invest in the ICO. but I am sure this year there will be a good ICO even though we are very difficult to find out.
Good ICO projects will only appear when the market will be regulated. It's hard to guess which projects are good.
dcomomal
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February 20, 2019, 07:10:58 PM
 #73

Just find good projects. If you would take part in every ICO even without making your own research, you will only lose your time. Search for really perspective projects and try to invest in them before the hype starts.
prtty2gal2
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February 20, 2019, 07:51:36 PM
 #74

I didn't like the idea of ICO, many investors lost trust in crypto because of many scam ICO out there that makes a lot of promises and don't even get to fulfill a single one. The worst part about it now is that most startup that want to run ICOs don't even have the funds to even pay a good developer, how can you be offering to pay a developer your coin which he/she created for you. The dev can just create a lot of coin and store in his wallet without need for your coins/token.
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February 20, 2019, 08:07:39 PM
 #75

No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.

There are better options than icos
You can decide to wait for token listing , wait for the dump and buy back the tokens in low volume

So you can hodl and sell when the bull is nigh
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February 20, 2019, 08:49:57 PM
 #76

I understand your feeling but we need to accept it. The crypto market is very harsh and it is not as simple as people think. That is why many people commit suicide when investing in crypto.
We need to keep the cool head for analysis and evaluation. If we don't have sanity, we will lose everything.
And remember, the decentralized market is focused on a lot of bad guys and scams, be careful.
that is why must to be more careful about choosing a project, there are lots of tokens that are not valuable in many address, the bad possibility is that dev and team run to carry investor funds.
we also have to review the talk of other people in Ann thread about the project there are many negative or positive conversations, we should often visit and talk in the Ann to assess the quality of the project always be vigilant to start a business

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February 21, 2019, 04:17:14 AM
 #77

The problem is that the purpose of many projects is initially - deception. Developers aim to get there I understand that to create they nothing going. Only stupid people believe words. You have to trust your actions. ICO time has come to an end.
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February 21, 2019, 04:21:36 AM
 #78

ICO makes me disappointed and hopeless when i lost money to investing in the different potential projects. A few promising project can't raise hard cap i mean fail and a lot of projects looking good but behind the scene going to scam. So there are no attraction to plan invest in the new ico project and sometimes for suspecious activities in team member. Also many scammer try to build up own project and collect fund.                    
The reputation of ICO's are not good right now, many scam project, many failed project. If  you invest on this one right now, you will just waste some money and your time of course. ICO will be great again but I think it will not happen again unless the bull market comes. So try to invest on more established coins.
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February 21, 2019, 04:32:31 AM
 #79

ICO is currently experiencing a number of obstacles, one of which is the difficulty of achieving hard-stamp, even soft-stamp is very difficult to achieve, the problem is that many investors are starting to look for finished projects, I think the ICO must be corrected so that the ICO does not die, or experiences unlimited time extension .

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February 21, 2019, 04:44:12 AM
 #80

This project you are announcing your signature is an ICO, right? Cheesy Well, it's definitely clear that innumerable projects could do what they're already doing without ICOs, this resource for raising people's money should be thought of in situations where the venture is huge and demands a lot of technical and financial resources. However, we do not see this and what is seen are projects asking for money to create websites, to create blockexplorers or even to code something under an existing platform. That is the big problem.
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