DeadCoin
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March 06, 2019, 12:01:21 AM |
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ICOs have been the best way for crypto projects to raise some reasonable amount of money to support their project, ICOs give investors he opportunity to invest their money with the aim of making profit but due to the fall of the prices of the top cryptocurrencies, investors are scared to invest their money in ICOs. this is because, they are scared losing their money.
Not much advisable. If you are more sure about their product and its demand, its team and how strong they are at their business. Not every ICO would yield a good profit. We really had so many ICOs last year. Few were legit and few were scams. Better to invest in the existing coins. Choose the best coins top rated with good volume. The more you invest, the more profit you would get in return.
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mv1986
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March 06, 2019, 12:02:59 PM |
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ICOs have been the best way for crypto projects to raise some reasonable amount of money to support their project, ICOs give investors he opportunity to invest their money with the aim of making profit but due to the fall of the prices of the top cryptocurrencies, investors are scared to invest their money in ICOs. this is because, they are scared losing their money.
Not much advisable. If you are more sure about their product and its demand, its team and how strong they are at their business. Not every ICO would yield a good profit. We really had so many ICOs last year. Few were legit and few were scams. Better to invest in the existing coins. Choose the best coins top rated with good volume. The more you invest, the more profit you would get in return. You can either go with existing coins or with new businesses that have a revenue sharing token.
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harrypotpot
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March 06, 2019, 12:44:09 PM |
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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 ). Well I guess it's quite effective? Projects and ICO's are really achieving success and though the market seems not appealing, still, we can consider that ICO can be successful when investors are present. What is too bad is that, scam ICO's actually gain millions of dollars of fund.
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cyramji (OP)
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March 06, 2019, 03:18:34 PM |
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in a calculation, investing in an ico project gives us the opportunity to make a big profit. but for now ico projects are high-risk things, some projects fail and that certainly makes us suffer losses. so choose the right ico project and don't lose it.
You are correct mate. Most projects are now becoming useless and coins they produced became shitcoins. If we are going to pour our investments into ICO the risk could be very high nowadays due to what you have said like failed projects and some others became scammy ones. As a bounty hunter I even experience a hard time now with ICO's because the payments are postponed, no value and just a waste of time. It is obvious that when a project create a utility token for just one app and expect it to succeed , It is difficult unless this app succeed whith a wide range users from all around the world and Now we are seeing that there are at least 3 ICO announecement each day which make most of them unexpectable to suceed
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Muzika
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March 06, 2019, 03:22:45 PM |
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What is your point in making money thru ICO, is that creating ICO and in the end the money that you collected will not be send for those who invested and put their efforts on it or investing in an ICO and wait for the return on your investment? It is not good if you are planning to create an ICO for for your own sake.
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stigmacryptonight
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March 06, 2019, 03:32:05 PM |
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actually if the project is good, ico is a great way to increase money. the ico team gets income because their products sell well in the market and participants or crypto influencers also generate income from what they do when promoting their products.
So it all depends on the project. If a good project is true, the way to get profits is in ico. If the project is not so good, of course you will not easily benefit from ico. So the most important thing is you have to see how the project is.
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cyramji (OP)
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March 06, 2019, 04:04:47 PM |
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ICOs are a good way for companies to raise money. Individuals can be seen as trying to scam these days. Lots of ICOs are legit and require identity verification and things like that before you can actually participate. I have been looking over www.airdrops.io and www.airdropalert.com to see if I can find anything worth while. It is a good word to say companies , So we have to distinguich between companies and teams that wanna get money from people for just an Idea , Sometimes or mostly you cant even find the CEO talking about his project and why investors should take step toward it.
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ongkok87
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March 06, 2019, 04:08:09 PM |
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if I am not good enough to be an investment this year, but if the ICO project is indeed good to raise funds for investment capital because of the campaign bounty I can get funds for free
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GREENch
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March 06, 2019, 04:54:02 PM |
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In most cases, the problem for small companies that have collected several million dollars during the ICO is that they do not have a qualified employee controlling the expenditure of funds.
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cudora
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March 06, 2019, 04:58:15 PM |
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It was a great way to get fast profit, but at the moment, the only projects, that can really be profitable are those that are held on binance launchpad. No other project can guarantee such a fast way of multiplying your investments.
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jolle123
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March 06, 2019, 05:00:58 PM |
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Yes it is good way but if the project is not good the ico will can not attract investors to invest. so oco must be good amd the investors will insure they will earn money from there investments.so raising a money in ico is difficult also if the ico is not good.
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donass1
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March 06, 2019, 05:06:29 PM |
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Asides having seed funds from private investors, It is the only responsible and popular way to raise funds from the public for crypto project developers
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LUGHUL
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March 06, 2019, 05:19:40 PM |
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100% ICO is not the right place to get money. Because at ICO we will take a big risk we can lose or make a big profit. ICO is a place for those who dare to take risks.
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Lacoste
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March 06, 2019, 05:29:11 PM |
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It will be difficult for ICO to survive any longer. This stage is like the death of ICO. Many people believe that it will die soon.
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cchub
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March 06, 2019, 05:32:43 PM |
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Are you in any doubt if ICO is a good way to raise money? JUst ask people who raised money through ICOs. They are laughing. With millions on their pockets. I mean wallets.
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kvipcn
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March 06, 2019, 05:52:23 PM |
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Since the introduction of cryptocurrency into the mainstream financial ecosystem, ICOs have been the way crypto project teams raise some amount of income to support their project. Usually this is done to give investors the opportunity to invest into their project. But now, ICOs are not a good way to raise money to support crypto projects due to the current situation of the crypto market..
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TIDOVEE
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March 06, 2019, 06:08:34 PM |
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ICO might have been the best way to get money before. But now a lot of things has nullified the fact, many people will prefer to make exchange of there money and ho on physical business to get the profit and most especially those who have faced this bear market and some other trading losses.
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playboy654
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March 06, 2019, 06:24:16 PM |
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Buying the ICO token will be a huge profitable way in sometime but the time is can't for everyone because a lots of people are still stucking with their investment in recent times so I think this will be the not right time for investment in ICO.
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hirngespenst
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March 07, 2019, 07:00:15 PM |
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Maybe the Elementh team is fed up with the market trend. Some projects raised more than 8-10 Million USD from their sale when BTC price was 12k-10k USD. But in this market BTC price less than 4K USD! So, the project team did not cash out, because they thought the market will go up at the end of 2018! But that did not happen, so some projects like Elementh wants to return back the money to its investors. Projects like Yumerium, Pdata stopped developing for the bear market. Actually, the bear crypto market is not supporting anyone at this moment! So, I will suggest everyone to stop investing in ICO projects, because you will fail to make back your investment money, and forget about your profit. You may invest in established coins or STO projects. That's it.
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mv1986
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March 08, 2019, 09:33:44 PM |
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Buying the ICO token will be a huge profitable way in sometime but the time is can't for everyone because a lots of people are still stucking with their investment in recent times so I think this will be the not right time for investment in ICO.
Hardly any ICO will make you rich. Those times are gone. There will be very few projects with outstanding ROI in comparison to the huge number that will be launched over time.
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