Is it possible to make good profits through ICOs?

[iged_war]

It is very possible to make good profits from ICOs even in 2021, however a lot of research has to be done in order to invest in cryptocurrency successfully because the cryptocurrency market is so unpredictable and sometimes the most promising looking project turn out to be scam projects. Always do your own research into the team, token metrics and most importantly the target market for such cryptocurrency

personally i am prefer invest in IDO or IEO, in ICO honestly i am still affraid if send my money to developers team directlY. As we know many ICO project run with investors money, and its should be best experience for us . Hype in IDO also better than ICO, no one talking about ICO now and i think it is over now.

[sherenikaw]

If the ICO is good and safe, of course it will be profitable. But I think currently choosing a really good ICO is quite difficult, maybe because there is a lot of competition between ICOs and the results are not that great either. I am also still learning to choose a good ICO where each ICO offers its own advantages. I believe that there are still good ICOs nowadays but it is not as easy to find them as in 2017-2018 when there were still many good ICOs. But we must remain optimistic and vigilant to choose an ICO to invest in so that we can make a profit.

[barabeku]

Hi there, I was looking at a couple of ICOs on CMC today (especially at Safelaunch) and it's been a while that I started to analyze the "results" of some previous ICOs like Centrifuge, Bytenext and other random coins.


I noticed that their ICO price was way lower even than the very first opening price, so I was wondering if it could be a good idea to regularly take part in these events, and, if an ICO allows me to freely manage the money I placed in it (for instance, immediately taking back my money if my profit target has been reached).


P.S: with "good profits" I don't mean bullshit like 10x, 100x and "to the moon", (obviously everyone has a different conception of "good profits"), but a decent amount of money that allows me to make an accumulation plan, would be great to see other people's experience.

First of all, you should understand that there are a lot of scams nowadays. Developers can just raise money and then do a runner with them. So before investing you had better do careful research.
What comes to taking your money immediately after you see a good profit, it is not always possible. Sometimes it is a lock up that prevents people who buy on ICO from quick selling of tokens, as this way the price will drop very significantly, so everything depends on tokenomics.

[coin-investor]

Hi there, I was looking at a couple of ICOs on CMC today (especially at Safelaunch) and it's been a while that I started to analyze the "results" of some previous ICOs like Centrifuge, Bytenext and other random coins.


I noticed that their ICO price was way lower even than the very first opening price, so I was wondering if it could be a good idea to regularly take part in these events, and, if an ICO allows me to freely manage the money I placed in it (for instance, immediately taking back my money if my profit target has been reached).


P.S: with "good profits" I don't mean bullshit like 10x, 100x and "to the moon", (obviously everyone has a different conception of "good profits"), but a decent amount of money that allows me to make an accumulation plan, would be great to see other people's experience.

ICO is not a good way to launch crowdfunding be sure you have done research on the potential of the project you are investing in, problem with ICO is it's being unregulated it all depends on trust and before you count your profit, which is way too early check their roadmap and their potential to get in the top exchanges in the market, no exchange no value, no liquidity and no profit for you.