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Author Topic: This is not a ponzi scheme, Remember????????  (Read 658 times)
mersal
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September 21, 2019, 06:31:47 AM
 #21

There is an adage that says "if we all knew the outcome of investment then we would all be very rich".
It amazes me when I see investors complaining that the price of a project token dropped after listing and they go on to label the project as scam.
The fact is that they have forgotten the risk part of investment, you can't just expect everything to just come out 100% safe without risk. The price drop is the risky part of it, and you have to be willing to cope with that, support the team and wait for them to turn things around. Remember that it is not a ponzi scheme where your money magically increases over night. Patience is key 
But we could analyze what is the reason behind the price drop,if the project team doesn't do any development after they sold their token means its scam.But yeah any investment holds the risk of losing our money as well.
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September 21, 2019, 06:59:35 AM
 #22

i disagree with most things you said here specially the last part. "patience" is not the key, a "good choice" is the key. you can buy dog shit (literary) and sit around patiently waiting for its price to go up! obviously it will never do that. but you can also buy gold (literary) and wait for its price to go up and that could work.

you see, people take their first step wrong and buy that dog shit (figuratively speaking as the tokens are like dog shit) and then they start telling themselves "be patient" as they watch their investment melt away slowly. you can NOT call this "risk", it is a completely expected outcome. when it starts raining you don't say there is a "chance" of ground getting wet! it WILL get wet. and when you buy a shitcoin without any usages, it WILL drop, there is just no other way.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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September 21, 2019, 08:36:31 AM
 #23

You mean investing in ICO 1-2years ago right?
Mostly investors at the time were looking for quick profits and they forgot to choose a good one.
Indeed, we cannot say that the project is scam only from the price fell, but if the decline is 99% then many will agree to say it is a scam, because developer cannot hold the price of big decline or take anticipate things like this.
Being smart investors is important and don't always think when the trends is IEO then it must be followed, wisely to choose projects that are truly worth investing in.

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September 21, 2019, 09:36:18 AM
 #24

You mean investing in ICO 1-2years ago right?
Mostly investors at the time were looking for quick profits and they forgot to choose a good one.

but is there any "good" ICOs out there that i don't know of? how do you define being good anyways?

over the past couple of years if have witnessed at least a thousand different ICOs come and go and so far i have not even seen a single one that i could call "good".
of course i define good NOT by the profit they give you but by the PRODUCT they give you. and so far all tokens were used to raise funds, get pumped, and die. nothing else.

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September 21, 2019, 09:55:31 AM
 #25

the question is, why people should  buy on ICO if the price drops so deep after listing? easier to buy during a fall in price. but in this case, people will not invest in ICOs and projects will never be successful. Paradox

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September 21, 2019, 10:14:09 AM
 #26

This is true even in today's society. People are becoming more and more "impatient". What I mean by that is that people decides too fast instead of doing the proper procedure and they expect too much from it which mostly the reason why they loss so much.

Maybe if the price drops so much, there must be something fishy to it. To be fair, they have the right to call a project a scam if they truly provides evidences to it. 
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September 21, 2019, 10:17:48 AM
 #27

Of course it is, investments are always a risk and participation in ICOs and IEOs are participation in investments, and not in a ponzi scheme. Of course, every investor would like to make a profit quickly and a lot, but no one should cancel the risk factor. However, we are talking about the likelihood of a risk of losing funds, and apparently we need to say that almost every project now shows negative dynamics, which means that most projects now have a risk of losing money. This is already a bad trend that discourages investors and casts doubt on the ICO and IEO market.
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September 21, 2019, 11:04:59 AM
 #28

There is an adage that says "if we all knew the outcome of investment then we would all be very rich".
It amazes me when I see investors complaining that the price of a project token dropped after listing and they go on to label the project as scam.
The fact is that they have forgotten the risk part of investment, you can't just expect everything to just come out 100% safe without risk. The price drop is the risky part of it, and you have to be willing to cope with that, support the team and wait for them to turn things around. Remember that it is not a ponzi scheme where your money magically increases over night. Patience is key  

Investors do not expect that the price will be ten times higher of their purchase, they just want developers to update them on the development of the platform and the continuation of the roadmap, they've got the money it's time for these developers to show what they have been doing with the money, the price will eventually recover if others investors see that there are progress in the projects.

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September 21, 2019, 11:16:42 AM
 #29

About the price drop is not all investor fault if they complain about it, the team and developer fail to keep and stabilize the price. Also for some case the team it self that droping their coin/token to make the price drop.

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September 21, 2019, 11:52:29 AM
 #30

Not only the risk they should take into consideration but also realize that bitcoin (and any other crypto) wasn't created so they could get rich, that is not the purpose of this at all.

We are talking about a currency and that currency was suppose to be used not something that makes you rich, do you buy dollars to get rich? Unless you are some forex trader then you didn't, that is why I feel like people are misunderstanding what bitcoin is and try to just buy bitcoin and wait and sell it and suddenly they are rich, sure there is that option that you can do but that wasn't the initial purpose of it.

If people just realize that and started using bitcoin instead of holding it, then there would be much more bitcoin going around in the economy which would increase the price anyway.

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September 21, 2019, 03:12:08 PM
 #31

but is there any "good" ICOs out there that i don't know of? how do you define being good anyways?

I'm talking about the revenue not product and many investor gain profit with that WAVES, LISK, ICONOMI thisi only small list.

over the past couple of years if have witnessed at least a thousand different ICOs come and go and so far i have not even seen a single one that i could call "good".
of course i define good NOT by the profit they give you but by the PRODUCT they give you. and so far all tokens were used to raise funds, get pumped, and die. nothing else.
If the project indicator successful is to launch product, indeed many ICOs fail to implement their product, Investor need profits, not just product.
Every investor has a different opinion about the success of his investment but main thing is certain to provide profits, and how can we say that the product of the project is good if the price of the token is inversely proportional.

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September 21, 2019, 04:15:40 PM
 #32

yeah the price drop after listing on market it something normal on cryptocurrency, when Doing invest you should know if price drop or even being scam can happend to anyone. As long the project that you invest not scam you just need to support them and there is still chance the price will stable or normal
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September 21, 2019, 04:21:02 PM
 #33

I know that you are not in cryptocurrency for a long time otherwise you would have spoken differently.
We are fed up with new cryptocurrencies, that only promise a new best blockchain solution for everyday use to attract investors and that´s all.
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September 21, 2019, 04:50:12 PM
 #34

People are thinking that crypto is the easy money. This is the biggest mistake of crypto investor
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September 21, 2019, 05:03:33 PM
 #35

There is an adage that says "if we all knew the outcome of investment then we would all be very rich".
It amazes me when I see investors complaining that the price of a project token dropped after listing and they go on to label the project as scam.
The fact is that they have forgotten the risk part of investment, you can't just expect everything to just come out 100% safe without risk. The price drop is the risky part of it, and you have to be willing to cope with that, support the team and wait for them to turn things around. Remember that it is not a ponzi scheme where your money magically increases over night. Patience is key 

Of course, investors are patience they will only lose their patience if the developers are not doing anything, I will give you one example, Bitmillex, and Ironx both exchange just coming out of ICO,  after their crowd sale and distributed the coin, they remain quiet, investors never hear from them, they refuse to give update, if you're an investor what would you do.

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September 21, 2019, 05:15:43 PM
 #36

You mean investing in ICO 1-2years ago right?
Mostly investors at the time were looking for quick profits and they forgot to choose a good one.
Indeed, we cannot say that the project is scam only from the price fell, but if the decline is 99% then many will agree to say it is a scam, because developer cannot hold the price of big decline or take anticipate things like this.
Being smart investors is important and don't always think when the trends is IEO then it must be followed, wisely to choose projects that are truly worth investing in.

as i knew, developer work to develop the project, not to control the price from the project,
because price created by the market mate,,
correct me if i'am wrong

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September 21, 2019, 05:45:29 PM
 #37

I think something without risk is not an investment. Throughout the course of investment activities there is always a risk that will be present to follow. And I think, people who complain when prices go down are only discourses made.
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September 21, 2019, 05:51:34 PM
 #38

Patience is very important, without any questions and you always need to take the risks into consideration. But if the chances of taking part in a scam ICO are no less than 50 percent, it may cause a lot of problems.

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September 21, 2019, 07:00:03 PM
 #39

Exactly. No risky Investment can earn people regular income especially in its early stage.
Besides, people shouldn't invest in what they do not properly understand. Lots of new books have attractive and beautiful covers but usless contents just as bad crypto projects. People should  find time to read the contents of the projects, research what the developers claim their products can do, ask informed & honest Crypto users questions concerning the claim.  Then you can decide whether the product is worth investing in or not.
You also have to consider how the owner plans to increase adoption or attract adequate users. This matter alot in Blockchain-based products.

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September 21, 2019, 07:34:41 PM
 #40

These are people who want to get rich overnight and are lazy and unrealistic. They share the same mentality many "bounty hunters" do. They probably don't even know what the project is about.
What do people expect when they just throw money at a project? They should not give up. Maybe if the price drops it is a good thing and you just buy more?
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