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Author Topic: Is it possible to make good profits through ICOs?  (Read 955 times)
Argoo
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July 01, 2021, 06:42:19 PM
 #41

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.
Now you can see that the market capitalization is growing very much due to altcoins, and if you get to know this issue deeper, you can see that many new coins and tokens give profits even much more than bitcoin, ethereum and some other top coins. Therefore, some ICOs continue to be relevant. It is important to correctly convert the required cryptocurrency as an object for your investment. Here, everyone should have their own approach, their own strategy and tactics.

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July 01, 2021, 06:49:49 PM
 #42

There are very few such projects, but they still exist. I have come across such platforms more than once, and in some I even took part as an investor. And I was very pleased with my investments, as well as the percentage I received from participation.

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July 01, 2021, 06:50:10 PM
 #43

Investing in ICOs nowadays takes a lot of courage, I say this because there is no more innovation and most things are not applicable and useful. These issues must be taken into account otherwise the project is a target of pure speculation. This need to be applicable is everywhere in cryptocurrencies, but very few projects can guarantee it. In addition, ICOs are already marked as things that are only valued and devalued and with that it will take a huge filtering to find something decent.
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July 01, 2021, 07:11:44 PM
 #44

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.
I have long time turned my back into ICO thing since this trend or market had really involved lots of shitty and scammy ico out there but surprising i wasnt really expecting that it do still
exist nor still relevant even up to this day considering on that tainted reputation because of what happened in the past and also surprisingly on where there are still investors who do really
still get engage with these things believing that they could still hit up 10-100x profits of their investment.I dont know if this still possible nowadays or not already.
You wouldnt know if you wouldnt try but i would say the risk would really be on the roof.

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July 01, 2021, 09:07:39 PM
 #45

ICO today is not like in the past which can generate profit for every investor and I personally would never invest in ICO, better choose Long term investment or invest IEO on binance

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July 01, 2021, 10:30:07 PM
 #46

ICOs maybe, but these days the real gain is with whitelists of ridiculous meme coins. Just get whitelisted and buy with cap then sell after 30min-1h launch at worst x2 usually it makes x7-x10.

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July 01, 2021, 10:40:02 PM
 #47

I think any ICOs that are showing up after the first wave have a 35% chance of succeeding because very few stay in line with their long-term plan as most projects exit the markets after collecting our money and disappear.

So honestly speaking good profits aren't easy to come by after the ICO boom as most never hit market cap or never even raise enough to have the funds to hit an exchange.

 
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July 01, 2021, 10:59:18 PM
 #48

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.

These days, we no longer have ICOs, STOs and even IEOs are not so popular these days. Just Binance and FTX are doing some IEO projects every few months. Token sales in general are still a profitable venture but you have to understand that to benefit from it, you have to research and be lucky enough to get in on top token sales just like the ones being conducted on coinlist. The competition is usually high but once you're in, you're in for something good ~ Mina, Casper and others like FLOW gave good profits to everyone who invested in time.

You have to do more research work from your end and do enough to get a lot in those sales.

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July 01, 2021, 11:00:31 PM
 #49

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.

It's profitable but also high risk, ICO is unregulated the devs can run away with the funds and there's no agency or authority that can run after these developers if the ICO has potential in the market, you can make goods profit, especially if they are offering bonuses if you are interested in one ICO be sure you know who the developers are and they are truthful and transparent.
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July 01, 2021, 11:55:53 PM
 #50

I never trust ICO anymore, the one and only ICO i join is Ubex.ai , its promising at beginning but its like a bullshit project which deny their own token.
They just crowdfunding us for their bussiness and have no plan to have any token implementation on their bussiness, now the token price keep decreasing.

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July 02, 2021, 12:00:06 AM
 #51

I never trust ICO anymore, the one and only ICO i join is Ubex.ai , its promising at beginning but its like a bullshit project which deny their own token.
They just crowdfunding us for their bussiness and have no plan to have any token implementation on their bussiness, now the token price keep decreasing.

I won't blame people who don't trust ICOs anymore, because it's a fact that many ICO projects are only for crowdfunding. Once the project owner
and team get the money they want, the project will be abandoned and the price of tokens will fall even more. But not all ICOs are like that, there are
some ICOs that are good and can be profitable for investors. Our job is to do research and analysis properly every time we participate in the ICO,
so we don't choose the wrong projects.

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July 02, 2021, 12:15:03 AM
 #52

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.
I thought ICOs were dead now. Didn't the hype end already? Is ICO still a thing? Even if it is, I doubt it is profitable anymore like it used to be. Back then people made a lot of money through ICOs. When the hype ended, most of the people lost a lot of money. They knew they were going to lose, but still tried out their luck and now regrets.
Most of the ICOs are scam. They raise money and then makes an exit scam. Safelaunch sounds like scam project to me lol (probably because of safemoon haha).
If you are looking for "good profits" and not 10x 100x, then why not invest in top well known crypto currencies?

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July 02, 2021, 12:21:05 AM
 #53

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.
Yes it is possible to make good profits through ICO's, but depends on the ICO that you want to be a part of. In the past years there are so many ICO's that have emerge and most of them are scams and many people loses their money investing in the projects. You must be aware first of the risk in investing in ICO's because most likely some are just scamming.

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July 02, 2021, 04:17:03 AM
 #54

I think that if you know how to manage and trade correctly you can really get a lot of benefit and profit from the money you are using.
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July 02, 2021, 09:29:05 AM
 #55

ICO today is not like in the past which can generate profit for every investor and I personally would never invest in ICO, better choose Long term investment or invest IEO on binance
I also think so, the ICO era is long gone,it ends in 2018. Since then, most of ICO projects were lost money, just few have made a profit. It's not worth the risk.
Although i am not quite sure ICO projects that OP says , but I still want to persuade OPs to invest his money in high marketcap coins, such as BTC, ETH or BNB.

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July 02, 2021, 01:12:30 PM
 #56

It was really possible to make a good profit through ICOs in the past. But for now, I'm not so sure about it. Because there are new kind of projects now (like DeFis etc.). People have started being interested in them more compared to ICOs. But of course it doesn't mean that there are zero good ICOs. Still, there are really good ones. You just need to do a very detailed research.

R


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July 02, 2021, 01:17:59 PM
 #57

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.

I couldn't believe that ICO these days would be effective in sense that there's a lot of uprising projects has more advantage compared from old ways. Let's just think about more potential outcomes instead of risking out for non developing projects. Let's embrace for another prospected alternatives, which soon make your profit goes even better instead of sticking to the old system.


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July 02, 2021, 01:29:00 PM
 #58

Only ICO im participating in is the ongoing NEOS VR (ncr) one.  Not a traditional ico though, more long term.
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July 02, 2021, 02:41:37 PM
 #59

Last one year not participated on ICO project because many scam ICO coin right now, better I trade and buy coin have listing on exchange, this not very risk because have any exchange listed coin and we can know when coin have pump or dump. But with ICO we got much profit more than 100% depend success for listing great exchange, but when listing on shit exchange have ready to loss much.
- Wanting to participate in ICO is also quite difficult when recent years have been a purge with this option, ICO is not feasible in safety and in accordance with the wishes of investors, you have also announced the situation we can get from the ICO, if it's not a scam, it can also only list on bad exchanges and to sum up, no profit here. Trading with listed tokens is also sometimes less risky than this option, if we are passionate about investing, NFT market is also a modern system line on the market, quite a lot of updates and promising projects


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July 02, 2021, 03:12:11 PM
 #60

It was really possible to make a good profit through ICOs in the past. But for now, I'm not so sure about it. Because there are new kind of projects now (like DeFis etc.). People have started being interested in them more compared to ICOs. But of course it doesn't mean that there are zero good ICOs. Still, there are really good ones. You just need to do a very detailed research.
Yeah, to find reliable ICO projects this time is time-consuming or even we just waste time searching for nothing.
We have done good and bad with ICO's in the past. If we have a good deal in ICO's in the past, not for sure if it still the same as of today as we know that scam are sprouting and a lot of people become a victim.

Maybe it was time to forget them and look forward to the next chapter with NFT. But, we still need to be cautious with NFT's, because happens to ICO might be the same as a scam projects still exists.
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