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Author Topic: Do you think ICO is a good way to raise money?  (Read 4396 times)
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March 02, 2019, 07:49:43 AM
 #221

Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time  the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).


Can you share a link of their telegram or ANN thread?  I would like to verify your statement.
I am interested to know because I am holding this token and were not able to sold it since the price is so cheap.

R


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March 02, 2019, 07:52:41 AM
 #222

Its really hard to trust ICO nowadays because of what we have faced on the previous years. But still ICOs are a good way to raise money but always be careful on picking the right project to invest to protect your funds and investments.

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March 02, 2019, 08:12:50 AM
 #223

Collecting money can be done in any way. Not just the ICO. Depends on you comfortable where to find the money. Turn on the ICO or invest in a well-known altcoin. So it all depends on where you are looking for money. In my opinion, a good way to raise money is at the ICO.

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March 02, 2019, 08:14:19 AM
 #224

It is like any investment, it can bring you money in its potential if you understand and invest your money not to guess, but after a detailed analysis, drawing conclusions and determine the exit point beforehand, at what price you need to sell the coin, so that greed would not hurt you do it with a profit for you.



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March 02, 2019, 08:17:05 AM
 #225

ICO is a tool for raising money to promising projects, for them, this is still a good way, but because of the large number of scammers, investors are afraid to invest.

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March 02, 2019, 08:20:02 AM
 #226

Yes, there are many scam projects. But there are still good projects ongoing. Mostly ICO prices very small. so if you invested in a good project still have a chance to raise your money. I just following the ETHA project. They have a good project idea and a good team. Another thing is their bounty managers are trusted. So I believe this is a good project.
Scam projects meaning earning money but it is not the investors that will going to earn instead it is directly the team who brought the project. Take time visiting the scam and accusations section, there are many projects being mention as scammer. ICO is just like robbing a bank in an easier way without forcing you to take your money. They just collect it offering you "heaven and then run away leaving you like a hell"- (Credit to the owner of this statement)

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March 02, 2019, 08:22:13 AM
 #227

I think this is the worst way to get money now. It seems to me that the ICO industry is causing great losses to the investor. I do not risk.

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March 02, 2019, 11:31:52 AM
 #228

I think this is the worst way to get money now. It seems to me that the ICO industry is causing great losses to the investor. I do not risk.
ICO can indeed make money but this is not the best way because the risks are big especially when a lot of bad things happen, so you have to be very careful when investing in ICO.
You must be able to arrange all the plans correctly so that you can run well.

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March 02, 2019, 11:37:18 AM
 #229

Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time  the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).


Yes, they must go on a long-term vacation. On the sea. Where the sun always shines. I think this is not the worst project. I saw 100 m $ 36 $ m which also stated such. To invest in ICO today, a project must have a finished work product, or at least beta.

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March 02, 2019, 11:59:23 AM
 #230

It used to be but not anymore, people have lost trust in ICO that it's hard for ICO to reach even their softcap, even a good project can attest to this, they paused their project until investor's confidences goes back, some of these scams ICO are faking their sales to make it appear that investors are trusting their project.

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March 02, 2019, 12:06:49 PM
 #231

For me ill think it is a good way raise money, But we need to make sure if we invested ICO are have some good opportunities  or a potential ICO that in the end will be success of their cap they mention.
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March 02, 2019, 12:39:40 PM
 #232

Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time  the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).

if you are think you want to get the money back with profit it will not been given by any ICO that we have previously made because lots of investment will going not valuable but if you just hold it at any time it will give the profit for you.

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March 02, 2019, 12:47:30 PM
 #233

It is like any investment, it can bring you money in its potential if you understand and invest your money not to guess, but after a detailed analysis, drawing conclusions and determine the exit point beforehand, at what price you need to sell the coin, so that greed would not hurt you do it with a profit for you.
Yeah right, same deal as investment you need to know all aspects before you place your money inside any ico projects that you are targeting to join, there's specific information that you need to understand before making any decisions, try to analyze and observe the quality and the usability of the said ico coins.

It's a good way if you know what project to invest with and trust your money.
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March 02, 2019, 01:06:55 PM
 #234

To raise money for what?
For your profit? Then the answer depends on how long do you plan to hold it and on what project would you invest.
To raise money for their project?Maybe it could help them but that doesn't mean that they would get a lot of investors specially now that there are so many scam project,
People are being afraid to invest in ICO.

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March 02, 2019, 01:08:53 PM
 #235

For a good project that is being developed without fundraising, subsequent fundraising can guarantee great success.

Let's say you have $ 10,000 and a protatype. After receiving $ 10,000,000, your project will develop at a tremendous pace.
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March 02, 2019, 01:17:11 PM
 #236

Yes, it's great way to earn profit but remember there are a lot of ICO that consider to being watch because not all ICO are profitable.
Personally I just focus on local ICO that fit with my vision so once I believe on their project, I can start investing on them and start for a profit.

My current local ICO was TEN !

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March 02, 2019, 02:06:49 PM
 #237

Yeah but now this is getting more tricky. As most of the ico are unable to raise funds so they proove to be a scam. We have to find another day so that fund is raise and investor fund also secure who invest in ico. I think one way is self financed  and ask the investor to join at later stage. By this both parties get satisfaction   

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March 02, 2019, 02:24:05 PM
 #238

Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time  the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).

In my own opinion, ICO is not anymore a good way to raise your money or profit because since there were a lot of scams and unsuccessful project who didn't reach their softcap. A lot of people start to not believe and participate in ICO anymore.

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March 02, 2019, 03:31:19 PM
 #239

Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time  the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).

In my own opinion, ICO is not anymore a good way to raise your money or profit because since there were a lot of scams and unsuccessful project who didn't reach their softcap. A lot of people start to not believe and participate in ICO anymore.
They no longer believe in ICO since 2018. But now there are some good and profitable ICO from Binance, it may help ICO to revive in the near future.

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Globen
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March 02, 2019, 03:52:22 PM
 #240

Very well, it is a good way to raise money. If you do a very good research and find a good coin, then trust me, you are Definitely going to make profit from ICOs, people loose because they were unfortunate to have invested in the wrong project. There are lots of good ICOs out there.

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