New Coins with huge ICO price

[befriendmywater]

 I usually won't invest in ICO projects that sell tokens at public sale. it's bad projects and its prices will definitely fall after being listed on the exchange.
I only venture, buy at a high price on tokens that have a large community and have good partners. eg BTT or FET.

[1714979143]

1714979143

[Caladonian]

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future

Why would price matter, only market cap does? What if they only produced only 3 tokens, $2.74 would be pretty cheap, don't you think?

Have some sense, is there any project till date that have produced only three tokens. It isn't the market cap, initially the price matters big. Upon the value of the token there will be changes in the marketcap growth. Nowhere the marketcap grows all of the sudden.

I don't think that's the right term there, maybe low volume coins can be done or introduce like that, with an amazing concept that will bring something huge after the ico success, but in the other side it's also risky as the market can be manipulated due to this volume issue, whales can easily dictates the momentum and the directions of such project.

Be very careful placing your investment, if you have doubts better to research more before taking your entry.

[Pasutinmeur]

it it about, coins supply.
for example maker. there is only 1M maker nd it is price 600 dollar.
mixin is same too there are 400k mixin only and it is 150 dollar.

dont look only price, look total value.

I can't even get what are you talking about. I knew that OP was trying to get the answer about the impact of the price of ico to the potential to the ico itself. High ico price is too risky for me personally. Total value will not give you any clue.

[atjiat]

it it about, coins supply.
for example maker. there is only 1M maker nd it is price 600 dollar.
mixin is same too there are 400k mixin only and it is 150 dollar.

dont look only price, look total value.

I can't even get what are you talking about. I knew that OP was trying to get the answer about the impact of the price of ico to the potential to the ico itself. High ico price is too risky for me personally. Total value will not give you any clue.

I would certainly understand where the developers take the starting price for their coins. On the basis of But it will be possible to understand the possibilities of this project. If we take for example the coins of wi-fi World, then they were really very much overestimated.

[Thanasis]

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future

I see this kind of ICO are you using this strategy to make more,if the prices are really high when the token pool is huge then it is a project need to be avoided.

[playboy654]

I think the investment and then you ICO tokens will be not good at this situation Cause when comparing to the previous year the value of any ICO is will not be get into a good position that's why I am saying this.

[akram143]

Trusting the new projects again will be like taking a huge risk again and ready to invest with riskiest desicion so I don't take such things to manage my losses and I am waiting to make decisions with the  flow of current situation.

[PuertoLibre]

ICO tokens are worthless without a proper roadmap and working product, so paying high amounts are unnecessary for this reason. Teams need money to continue doing their job as hired professionals but it is very hard to have the same achievement during blood bath on the market.

[South Park]

ICO tokens are worthless without a proper roadmap and working product, so paying high amounts are unnecessary for this reason. Teams need money to continue doing their job as hired professionals but it is very hard to have the same achievement during blood bath on the market.

Even today most icos are asking for too much money to try to develop their projects, satoshi did not asked anyone for money when he was developing bitcoin and he delivered a functional currency, most icos today do not even take the time to write their own white paper and do not have any new ideas to try to make the market to move forward, so paying any price other than zero for most coins is a mistake since you are paying too much for something that is not worth anything.

[aderidwan98]

The high ICO price does not guarantee, the ICO will be successful, because the success or failure of the ICO depends on whether or not the ICO project is good, and if the project is good even though the ICO price is cheap, of course the coin price will rise.

[mdzahed134]

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future

Maybe the developer are being confident about their project and that is why they set a huge price but i think its hard to attract investors with that price. Its too risky to invest on ICO, this year is not the year of ICO so if you’re investors try to limit your time with those ico and instead invest on the top coins.

Developer over confidence existing in every ico project. Because token price is actually depend on the supply and demand. How much your project will be effective role in the real life that's the main factor. Just unnecessarily and bullshit ico price never survive in the dip market. I have seen many project when coming in the market price was 10x because project was legit.                   

[Zooplus]

The high ICO price does not guarantee, the ICO will be successful, because the success or failure of the ICO depends on whether or not the ICO project is good, and if the project is good even though the ICO price is cheap, of course the coin price will rise.

You call it high when the price is above ICO price, some investors don't understand, they tend to judge with the price alone not checking it's ICO price.
The price is also based on the total supply and this information is necessary for an investors to know.

[voztata]

Even today most icos are asking for too much money to try to develop their projects, satoshi did not asked anyone for money when he was developing bitcoin and he delivered a functional currency, most icos today do not even take the time to write their own white paper and do not have any new ideas to try to make the market to move forward, so paying any price other than zero for most coins is a mistake since you are paying too much for something that is not worth anything.

When most of them does not even have passion for whatever project they believe they are developing, a lot of them sees ICOs now as money making scheme and engage the innocent investors without having a brilliant ideas on how to move the project forward.

But, I fault investors that are gullible enough to commit their hard earned money because I don’t think someone that suffered to get his or her money would open his eyes wide without studying a project and researching on them very well before investing.

[South Park]

Even today most icos are asking for too much money to try to develop their projects, satoshi did not asked anyone for money when he was developing bitcoin and he delivered a functional currency, most icos today do not even take the time to write their own white paper and do not have any new ideas to try to make the market to move forward, so paying any price other than zero for most coins is a mistake since you are paying too much for something that is not worth anything.

When most of them does not even have passion for whatever project they believe they are developing, a lot of them sees ICOs now as money making scheme and engage the innocent investors without having a brilliant ideas on how to move the project forward.

But, I fault investors that are gullible enough to commit their hard earned money because I don’t think someone that suffered to get his or her money would open his eyes wide without studying a project and researching on them very well before investing.

I agree that investors are in part to blame for what it is happening and that is because they have a similar vision to the developers of most projects, they are not really interested in the technology they are only looking for profits and while there is nothing wrong with that this means they are not really looking at the merits of a project when they invest, they are only interested in how fast the project in which they invested can attract more investors but if the project has no quality eventually no more money will be invested in the coin and then it will crash and it will never recover as the developers abandon the project.

[Gekkoo]

I do not particularly like large ICOs because most end up raising a lot of money for situations that they would not normally need and eventually reducing their growth margin.

[South Park]

I do not particularly like large ICOs because most end up raising a lot of money for situations that they would not normally need and eventually reducing their growth margin.

You are correct, many look at icos that have gathered a huge amount of money with amazement but that only means that during the short term that coin will not do very well since almost everyone that was interested in buying that coin already did so there will be very few buyers once that coin hits the market, not only that when it comes to businesses bigger is not always better since the devs could develop bad practices just because they feel in a strong position thanks to the money they gathered and do not concentrate in using their resources efficiently.

[newbitt]

it all depends on what project will be developed, if indeed the project requires expensive token prices, why not?
because there are also projects with expensive ICO prices that are successful at ICO and success in the market
Jinbi $7 ICO Price and see in market now the Price is $11 https://coinmarketcap.com/currencies/jinbi-token/

that's true and Jinbi reaching $47 million at ICO, this is a remarkable achievement, especially with the current poor market conditions.
and yes the current price is at a level above the ICO price, but you can see the demand in the market is very low.

https://www.livecoin.net/en/trading/JNB_BTC

[SlimShadyMmp]

I really dont like coins with ICOs huge prices because what happen at the end of the day is that prices get seriously slashed and you can easily lose money as an investors especially if coins are not evenly distributed so you have to watch distribution and number of coins/tokens supply

[Godday]

Trusting the new projects again will be like taking a huge risk again and ready to invest with riskiest desicion so I don't take such things to manage my losses and I am waiting to make decisions with the  flow of current situation.

indeed basically the current situation is very detrimental. because the number of ICOs that appear and sometimes that makes us really take a high risk. because the current situation is certainly different from the past, which is always good and not at high risk.

[ifykiki]

The coin I'm talking about is coincasso https://coincasso.io

I don't know even know if the project is worth the price so I'm just going to join the bounty campaign just in case

I never heard that before and it looks a bit fishy to me after seeing it right now dude. that will become the next shitty coin, lack of demand and its crowdsale raised little penny from the market and that's it.

You think so too right? I felt the same way about it the day I set eyes on the project but for the sake of doubt, I decided to run their bounty program, just in case