Why ICO isn't recommended earning site ?

[patz22]

We have to accept the reality that ICO is not the trend anymore wherein theres a little chance of getting profit. Number 3 is one of the example why people lost their confidence in investing to sales as most of them are scam and because of that legit ICOs are being compromised and will not hit their target. Nowadays it is very hard where to invest but if you hit the jackpot for sure you will get the most of it.

[1715028533]

1715028533

[asriloni]

I hope you can understand my bad grammar and bad english

When Bitcoin price idump, its difficult to get profit in ICO and some of ICO is fail.
This is reason why ICO isn't recommended to earning.

1. Low Profit

Most of ICO when their token listed in Market/Exchange, that price is always under ICO price. There are 2 ways to escape. Sell with low price and small loss or Hold and wait their price pump.

2. Wasting Time

Every ICO have time to open their token sale. They will close their token sale if hit their target. Some of token sale is take up 30,45 or 90 days. Some of ICO will not stoo their token sale if not hit target. After recieved tokens, they need to listing in exchange so, you must wait again. Better if they not lock that token long time.

3. Most of ICO are scam

Its difficult to see good and real ICO. You can't predict what ICO will giving huge profit and success. Not all success ICO is trusted, they can scam too.

4. Most of ICO need KYC

Some ICO is need KYC to make their security save from buyers. But, giving your identity its dangerous and not all ICO will keep save your Identity safe.

That's only my reason why i didn't trust some ICO again.

Basically, you are wrong if consider ico as a way to create short term profit but ico depends on the hype, if that was getting a big hype and you can get a lot of return for your investment, you have exchange site that makes you able to trade and get the profit.

[n0ne]

Beyond all these factors earning is the priority. When something doesn't give a return on the investment, people won't give importance to the same. Years back ico's contributed a big market to the cryptocurrency network, later with the downfall of bitcoin everything came to an end. Same as that of bitcoin recovery is expected but this isn't that assured similar to bitcoin or the other top listed altcoins.

[steveabrahams]

I add one, it's hard to find a good ICO nowdays. There are so many new ICOs everyday and most of them are trash, useless project, only for quick bucks for the team project. Back then 2-3 years ago, ICO still makes profit but not anymore in this year.

[duyduc256]

Most ICO are now been run by scammers and hungry men with a genuine intention. A good ICO should be able to device a tactics to prevent a massive dumping of their project after listing. And if they know listing in a bearish market will be disastrous for them, then they should postponed listing while they work on their project development, otherwise, let them refund investors money.

I agree with you . All ICOs are showing a lack of development in recent times and the ICO era will soon end this year when the IEO is increasingly attracting many investors in the world. I believe that scammers will have to leave this market because the IEO is becoming a new trend at this time and all investors may feel safer to invest in those IEO projects.

[judeafante]

I hope you can understand my bad grammar and bad english

When Bitcoin price idump, its difficult to get profit in ICO and some of ICO is fail.
This is reason why ICO isn't recommended to earning.

1. Low Profit

Most of ICO when their token listed in Market/Exchange, that price is always under ICO price. There are 2 ways to escape. Sell with low price and small loss or Hold and wait their price pump.

2. Wasting Time

Every ICO have time to open their token sale. They will close their token sale if hit their target. Some of token sale is take up 30,45 or 90 days. Some of ICO will not stoo their token sale if not hit target. After recieved tokens, they need to listing in exchange so, you must wait again. Better if they not lock that token long time.

3. Most of ICO are scam

Its difficult to see good and real ICO. You can't predict what ICO will giving huge profit and success. Not all success ICO is trusted, they can scam too.

4. Most of ICO need KYC

Some ICO is need KYC to make their security save from buyers. But, giving your identity its dangerous and not all ICO will keep save your Identity safe.

That's only my reason why i didn't trust some ICO again.

Based on this post, ICO really look bad which is really true but investors still prefer to invest in ICO because there is a still a profit to be made here that is  if you hit a jackpot on one ICO that manages to pull through or get into the market and get a lot of support from traders.

[ethereumhunter]

If I got the token, I wouldn't wait too long to sell the token when it listed on the exchange because, after that, we will see the price will get dump too deep, and it's difficult to lift the price to the up of the ICO price. I don't want to lose the opportunity to make a profit, and after I sell, I will wait for a while to rebuy the token in the low price.

[Darker45]

You are right. ICO is not a good way to earn. I am not saying all ICOs could be lumped together as bad. There are a few good apples. But then the rest, around 90% I guess, are really bad. Either badly designed, planned, marketed, etc. or simply bad because they are scams right from the very beginning. Therefore, in order for one to earn through ICO investments, he or she has to be exceptional in terms of reviewing, researching, and analyzing. Otherwise, he or she better avoid investing in it. There is too much risk.

[Pffrt]

Beyond all of those risk, some ICO still give profit and there are still some good ICO in the market. Fetch and Bittorent was a huge one and those 2 are still in 2x and 6x higher then ICO price. Good days are coming. Another ICO which can probably be profitable is MetaCode. They have targeted to escrow all of the ICO fund. It's kind of STO and I think they are here with good intention.

[shannelcoin]

I think the reason why they not recommend the ICO as earning site because we all know it is risky, not full develop products or projects and some of the project are scam thats why we need to be vigilant and to be censorious.

[Kadal Ijo]

I hope you can understand my bad grammar and bad english

When Bitcoin price idump, its difficult to get profit in ICO and some of ICO is fail.
This is reason why ICO isn't recommended to earning.

1. Low Profit

Most of ICO when their token listed in Market/Exchange, that price is always under ICO price. There are 2 ways to escape. Sell with low price and small loss or Hold and wait their price pump.

2. Wasting Time

Every ICO have time to open their token sale. They will close their token sale if hit their target. Some of token sale is take up 30,45 or 90 days. Some of ICO will not stoo their token sale if not hit target. After recieved tokens, they need to listing in exchange so, you must wait again. Better if they not lock that token long time.

3. Most of ICO are scam

Its difficult to see good and real ICO. You can't predict what ICO will giving huge profit and success. Not all success ICO is trusted, they can scam too.

4. Most of ICO need KYC

Some ICO is need KYC to make their security save from buyers. But, giving your identity its dangerous and not all ICO will keep save your Identity safe.

That's only my reason why i didn't trust some ICO again.

Right, when the market conditions are red, this also affects the ICO, many ICOs fail to reach the softcap, and according to my experience I'm still waiting for a refund of 4 ICOs that don't reach the softcap.

[Fredomago]

At this stage of the market, I think we should not participate in ICO projects because the risk of failure will be very high, I think people should join the IEO instead of ICO.

We have to be selective before placing your investment, you need to learned from previous events in order to pick good project to support, chances to select good project is too slim so better to make sure before doing any actions you already have a good knowledge within the market that you are working
with your investment.

[Ararbermas]

Your statement above is just a facts when it comes ICO's,  that's why there are some ppl complaining about it afterwards. As what i see mostly  are about the distribution which sometimes zero because of some scammers behind it and even its legit still worthless due to the circumstances of market. I hope ppl will see this post and become aware so that they are already knows the facts in the first place before putting contribution on some ICO's .

[SwiggHeart]

If you want to invest then you should wait for more longer because crypto grow up is so long time.

[Nggedebus]

I hope you can understand my bad grammar and bad english

When Bitcoin price idump, its difficult to get profit in ICO and some of ICO is fail.
This is reason why ICO isn't recommended to earning.

1. Low Profit

Most of ICO when their token listed in Market/Exchange, that price is always under ICO price. There are 2 ways to escape. Sell with low price and small loss or Hold and wait their price pump.

2. Wasting Time

Every ICO have time to open their token sale. They will close their token sale if hit their target. Some of token sale is take up 30,45 or 90 days. Some of ICO will not stoo their token sale if not hit target. After recieved tokens, they need to listing in exchange so, you must wait again. Better if they not lock that token long time.

3. Most of ICO are scam

Its difficult to see good and real ICO. You can't predict what ICO will giving huge profit and success. Not all success ICO is trusted, they can scam too.

4. Most of ICO need KYC

Some ICO is need KYC to make their security save from buyers. But, giving your identity its dangerous and not all ICO will keep save your Identity safe.

That's only my reason why i didn't trust some ICO again.

In some part i should be agree with this, but for point 2, i think that is not so much of a draw back of the ICO, people doing an ICO is to make an investment, so they won't ask for some quick profit, they prefer a long term profit, not just like when we done a regular transaction where we are looking a profit directly when selling some goods.

[RasenShuriken]

Most of the people doesn't even think if there are so many reasons on why did ICO is the best place to find quick money. But its so hard right now.

[Clark05]

ICO need a rest because the ICO a lot of ICO are scam. The information being listed is really true and I hope ICO will have legit project.
The worst in ICo after you submit your information or KYC they become scam and you will be worry because maybe in the future they will use the information to scam other people so be careful when you want to join to the ICO so you can avoid the scam project.

[Nekoma2018]

People who invest in ico's are people who loves to give away free money.. that's just what it is... I don't see ico as a way of earning extra cash, not at all

[Lizzylove1]

ICO era will soon end this year when the IEO is increasingly attracting many investors in the world. I believe that scammers will have to leave this market because the IEO is becoming a new trend at this time and all investors may feel safer to invest in those IEO projects.

IEO team have to well scrutinize and the project checked to avoid empty promises, otherwise the reputation of the exchange that conducted it will be at stake. Recently bittrex exchange had to cancel their first IEO because of the last minute discovery, which they had to stop for integrity sake. How many exchanges would be professional enough about this?

[Mr.Spreadthehamster]

Without experience, it is extremely difficult to find a legitimate and lively ICO with a professional team that follows the true intentions outlined in the technical paper. For this, it is important not only to understand the project, but also to be confident in the people who manage the project. Which is definitely not an easy task.