Is it possible to make good profits through ICOs?

[carrigan]

If you get some allocation on ICO's gets ready with a dump

It happens not only in ICOs, the dump after official launching or release on the market also happens in IEOs, ITOs, or IDOs. It is something difficult to avoid, so depends on how the team of the project can choose the right way to minimize the dump on the market. Just choose buying new tokens from a project with a good strategy in managing their token values.

In 2021 you are still talking about ICOs

There is no problem talking about ICOs. He may be still curious about the potential of ICOs nowadays. So, he wants to get some suggestions or opinions from members of this forum.

[1714662500]

1714662500

[1714662500]

1714662500

[1714662500]

1714662500

[1714662500]

1714662500

[1714662500]

1714662500

[Wong Gendheng]

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.

the first thing we have to understand in crypto investment is to be prepared to lose, of course we try our best to analyze the project that we will participate in, crypto is different from other types of investments such as gold or stocks, here our money is like a roller coaster. I've participated in several ICOs and got 10x profit in 3 months, and also lost 90% in 2 months.

[Bitstar_coin]

It is possible although the chances are slim compare to before,  for you to be able to make good profit from ico you must ensure that project is high quality with lots of hype surrounding it, people are still making profit from taken sale depending of the strategy the team use to conduct the sale, and also the time at which the same was launched, I know some sale can be very successful regardless of whether bull or bear market, such projects are very highly rated and outstanding, they are not very common hence you need to do thorough research to fish them out. Also don't forget that many ico's only result to failure, so don't get carried away.

[sana54210]

Another Bull run will come. It is all about doing research in Alt projects right now. Only invest what you can lose but big gains are till possible. But yes, stack up in the projects you already like and are invested in when you can.
Black Eye Galaxy is a project I am excited for. But only investing in what I can lose.
Black Eye Galaxy is a decentralized NFT token. Players buy planets, starships and space stations. All as NFTs. Each planet will have it's own resources which can then be mined by staking.

That is exactly what I am doing right now. People who think that we will never see increased prices are minority, we all know the price will go up. However there are some people think that the price will fall even more and they can gain a lot more profit if they wait and buy at even lower prices.

I do not see that as a strategy in my opinion, I just like to invest more and more into things I already have, I saved up a good amount of coins aside nowadays and hopefully when the next bull run comes I am going to be able to actually have a good capital, it is still nowhere near enough for most people but I am fine with having a good capital to start something after that. I am planning my future 3-4 bull runs before, make profit on first, get out at right time, get in at next and do this 3-4 times more and you will have enough money to call yourself rich.

[devil2man]

in 2017 it was certainly possible to make good gains with ico, even now you can find good opportunities among the countless ico outgoing but it remains an unknown, a gamble if the ico will be successful and if the investor will have a gain there is no certainty of success, perhaps it is better to look for other forms of investment

[QueenVera]

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.

Centrifuge isn't launched yet, the version of the coin trading is IOU which means it doesn't represent the value of the coin although from research online it seems that the project will turn out to be a success as they have very strong development ongoing. ICO is quite old as we have better alternative in IFI but you have to be very careful as scammers are using the opportunity to defraud many investors.

Sites like CoinList are known for the quality project they introduce to the market but I doubt you can get in on any of their sales as multiple accounts are all over the web and queue is very long compared to only Launchpad sites. You can simply wait for this coins to get listed and buy them instead of risking getting scammed from presale.

[isaac_clarke22]

~

Many even became a prerequisite before the NFT became kind of trend in crypto. I recall people discussing about IEOs a lot after the ICOs tend to disappear after 2017. They were hyped a lot due to how investor thinks that compliance of the exchange's requirements before listing of token would reduce the possibility of scams.

[7788bitcoin]

Many even became a prerequisite before the NFT became kind of trend in crypto. I recall people discussing about IEOs a lot after the ICOs tend to disappear after 2017. They were hyped a lot due to how investor thinks that compliance of the exchange's requirements before listing of token would reduce the possibility of scams.

The secret to make money in the cryptocurrency space is to follow the trend and if you are able to jump onto the hype pretty early then you can make a lot of money. There are many projects that started during the IEO hype and everyone who invested made money and then comes IDO and DeFi and now NFT, anyone investing in earlier projects will make a huge profit and just follow the trend.

[terciduk123]

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.

Before talking about the ICO referred on this topic, We need to straighten out some understanding of the word of ICO.

The OP said ICOs are on CMC, Now we visit the list of ICOs on CMC. Then we will see various types of token sales there from old trends to current trends (ICO, IDO, IEO, ILO, Launchpool and so on). So what ICO means here (in CMC) is all types of token sales.

Participating in ICOs can be said to be very profitable and unprofitable, even very risky we could lose our money. it all depends on the project we are participating in, please do a reset before participating. don't join the ICO just because other people say and don't be greedy, use good money management.

[libert19]

I might be living under the rock, but are ICOs still a thing these days?
I never looked into one after they all started to disappear back in 2018.
Many of them turned out to be a scam back then.

They are certainly a thing and with the ethereum's bull cycle many icos did give multifold returns.

Most of these won't be here in few years just like 2k17/18, regardless they do give good returns if you get in and out at 'hype' period.

[SirLancelot]

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).

There are people who invest in ICO, you’re not the only one that has plans to do so, people has been doing it since. And why their prices are way lower than their opening price is because after the ICO launches, a lot of the earlier investors sell their tokens to make profit ,and as the token gets dumped, the price goes down.

So, if you’re investing in the ICOs and you have plans to make good profit in return like you have said here, then you will have to be ready to sell earlier once the project launches, although I usually advise people against doing this because I feel that it is totally wrong for them to be doing it, since it affects the newly launched projects and their teams, they should be given the time to grow.

[indrakusumaindra]

I might be living under the rock, but are ICOs still a thing these days?
I never looked into one after they all started to disappear back in 2018.
Many of them turned out to be a scam back then.

For OP, I would just say that if it is a running ICO better do the usual DYOR.

yep seems hard to find a good ico right now , i also thing ICO is not a thing in 2021 but if we look behind in 2020 i believe there is still good one but its IEO like cartessi which perform quite good. I do think there might be good ICO out there but its hard to find and also hard to trust a new ICO.

[TheUltraElite]

Most of these won't be here in few years just like 2k17/18, regardless they do give good returns if you get in and out at 'hype' period.

Hard truth, in-spite of doing well in terms of price most of the altcoins, about 99% of them have no inherent market making property. They are all based on the Hype started by the first successful ICO and seem to be riding that for years and still being able to scam some noobs off their 100$.

Most of the ones I know either ended as abandonedware or team revolted and hostile takeover occured or plain left the scene. Either of which the money or time put in to acquire those coins went to a wastepile. Someone intelligent enough would think that it would have been better if people who bought into ICOs at that time could have made huge profits today if they bought bitcoin at three digit price instead.

[gurunanakji777]

Even we can not expect every ICOs will be profitable or worth buy only there are some projects that attract the investors otherwise most of them unable to achieve the soft cap and end up as failed projects or some label it as a scam. In recent times AMEPAY  did well in the starting but later on, the dev could not keep his promises so the price of the coin falls in the current market even many of the bounty hunters who promote the AME pay project are still waiting to receive their bounty rewards. No doubt Amepay is a good project but till now they are failed to keep their promise to implement their words or promises otherwise ICO investors hopefully made a good profit from this project.

[Orange89]

Before talking about ICOs you would understand what is ICO it is stand for initial coin offering and the trend of ICO if disappeared in 2017 18 no doubt in that time ICO given a good profit but now trend changes and instant of ICO we have IDO initial dex offering their are many advantage and disadvantage of ICOs the biggest advantage if you don't have to wait for any sale you can buy any coin anytime and these trend promote many coin but after some time they are many scam coin that listed got disappeared and team also remove liquidity this make the people take less interest in ICO also it's not that secured as compared to Ido and it had less profit

[Xsinx]

Yes it is but not all are profitable and most of are scam so be careful, there are some ICO that can make you gain profit for x3 - x5 within an hour specially when there is a hype on it, just make sure that you are into good ICO, there are so many scam ICO, even those hype, and do not also rely on the number of members in the community as they can also be a bot.

Most people are aiming for this x3 x5 after pancakeswap listing, specially those tokens from DXsale launchpad. X10 is easy in the first 3 hours. just always remember know when to sell since the pump will not last long and dont be greedy expecting more BNB just take profit and forget,

[wheelz1200]

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.

Can you profit off some yeah.  But why not wait until all the scam ones are weeded through and buy the select few after they make it or show they are legitimate.  I mean you won't make the same return but your downside risk is much lower.  Ypu can wipe out your stack picking a wrong couple of scam icos

[Maslate]

Yes it is but not all are profitable and most of are scam so be careful, there are some ICO that can make you gain profit for x3 - x5 within an hour specially when there is a hype on it, just make sure that you are into good ICO, there are so many scam ICO, even those hype, and do not also rely on the number of members in the community as they can also be a bot.

Most people are aiming for this x3 x5 after pancakeswap listing, specially those tokens from DXsale launchpad. X10 is easy in the first 3 hours. just always remember know when to sell since the pump will not last long and dont be greedy expecting more BNB just take profit and forget,

ICO projects are good and profiting at the their time but it was over and most of them are scam, fake, and abandoned projects.
I'm not to blame them either because that motivates them but the problem is that they choose to invest in those projects that seemingly don't give them such good and exciting rewards. Honestly, they just fool themselves into believing that ICO nowadays will do a favor with them because the truth is that they are dead already.

[Ziskinberg]

Yes it is but not all are profitable and most of are scam so be careful, there are some ICO that can make you gain profit for x3 - x5 within an hour specially when there is a hype on it, just make sure that you are into good ICO, there are so many scam ICO, even those hype, and do not also rely on the number of members in the community as they can also be a bot.

Actually, I like to know from you if there are specific ICOs that are profitable to invest now, I believe ICO is a waste of money as this platform are just abused by scammers, and since we have a choice to invest on other platforms like IEO, then why would we still stick to a proven scam?

[cunguks]

That's right, now ICOs have expired and there are even better substitutes, although the concept is not much different, but for now ICOs are no longer seen by many crypto investors, because they have also found something better than that.

what's better than an ICO in your opinion right now?
IEO or something else? try mentioning friends.

The ICO is still running several times. and there doesn't seem to be a better system. it's all about trust and acceptance from the market.
after all today investors will not see how they make a sale. Today's investors are smarter by seeing real products and collaborations.