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Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Ambatman on December 20, 2023, 05:21:04 PM

Title: ICO returns is not a sure get rich quick strategy
Post by: Ambatman on December 20, 2023, 05:21:04 PM
Many coins like shibainu, pepe among others has made many see the returns one can gain from ICO's
Neglecting the fact that with great returns comes great risk.
Not all ICO are profitable
Most either performs way poorly than expected(LHINU) or are scam (Aitraider).
Many fall victim of the post of most blogs that this is the next big coin or *30 potential.
There's a reason DYOR exist in the crypto community.
Before entering into any ICO or already listed coin
Investigate the developers, the marketers (this is very important since its tied to how big the community would grow)
Their sponsor's, the community especially through social media platform like X
Not excluding the coin usage, and reason it was created.


Crypto is profitable but associated with its own risk
Do try to research on your own
Rather than following the words of bloggers.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: gunhell16 on December 20, 2023, 06:00:47 PM
Many coins like shibainu, pepe among others has made many see the returns one can gain from ICO's
Neglecting the fact that with great returns comes great risk.
Not all ICO are profitable
Most either performs way poorly than expected(LHINU) or are scam (Aitraider).
Many fall victim of the post of most blogs that this is the next big coin or *30 potential.
There's a reason DYOR exist in the crypto community.
Before entering into any ICO or already listed coin
Investigate the developers, the marketers (this is very important since its tied to how big the community would grow)
Their sponsor's, the community especially through social media platform like X
Not excluding the coin usage, and reason it was created.


Crypto is profitable but associated with its own risk
Do try to research on your own
Rather than following the words of bloggers.

Yang Shiba Inu and Pepe Coin have big investors who support them, or whale investors. But the majority of meme coin projects can't deny that the risk volatility is very high; that's true. So if you have enough knowledge about the selection of new coins that will appear in this business field, you will know for sure if they have potential or just hype.

But if there is nothing and you just rely on it because there are many people who tell you that it is okay, there is also a high chance that the capital that you will use in an investment will be in jeopardy. As some say, always do your own research.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: SamReomo on December 20, 2023, 06:07:56 PM
Crypto is profitable but associated with its own risk
Do try to research on your own
Rather than following the words of bloggers.
You're right crypto-currencies mostly the newly launched ones are very risky and someone who invests in those newly launched coins or tokens without proper researching may face huge losses. I'm a crypto-currency investor myself and I highly suggest investors to be careful when investing in any new projects because the risks with such projects are way higher as compare to the existing ones.

Those social media influencers, YouTubers and bloggers promote the coins because they get paid for that and someone who blindly follows their advice can face huge losses. Do your own research and when you're sure that a project is good and has a solid background only then you should go for it, otherwise ignore it at any cost.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: Bobcrypto on December 21, 2023, 02:23:47 PM
Actually many coins from Icos are no longer profitable the ways was back in 2016/2017. Many of the newly launched coin/tokens are mostly listed on project ICO prices making it uninteresting to many investors especially the smaller investors. Some of these new project have various sales options, like presale, with different price, and public sales with different prices and even IDO with different sale prices. The listing price of many of these project are very annoying, imagine buying a coin on certain presale at $0.02 and it was listed at $0.02 and when price rise a little many people dumped the coin. Infact, ICOs are no profitable investments these days.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: MrSpasybo on December 21, 2023, 03:41:15 PM
ICO is a story of the past, currently new projects have many ways to reach investors: IDO on Launchpads or IEO on CEXs. These two ways are both better for investors because their team and project have been verified and evaluated by a reputable third party such as Launchpad or CEX.
Investors in the crypto market have also become more alert, they often only invest a small portion of their capital in new projects, most will invest in tokens with transparent products and teams.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: jasonjm on December 21, 2023, 04:16:57 PM
ICO success depends on the project innovation and investors' trust. The team is also a main component to look at before investment. Nowadays, most of the ICOs are just shit projects looking to scam investors and participants. It is advisable to invest in ICOs now. Although there are ICO projects which give you good profit, they are very limited in number, and you have to be an expert to find such projects. After 2018, there were only a few profitable ICOs, and the majority were not even listed on any exchange.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: electronicash on December 21, 2023, 05:51:16 PM
ICO success depends on the project innovation and investors' trust. The team is also a main component to look at before investment. Nowadays, most of the ICOs are just shit projects looking to scam investors and participants. It is advisable to invest in ICOs now. Although there are ICO projects which give you good profit, they are very limited in number, and you have to be an expert to find such projects. After 2018, there were only a few profitable ICOs, and the majority were not even listed on any exchange.

since the time where SEC is hunting down projects selling their token to US citizens during its ICO, the ICOs are slowing down. but now that they see SEC is losing this game, they are now trying to come back though.

there are now teams doing ICO again. i guess we are slowly going back to 2017 and starting all over again.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: SamReomo on December 21, 2023, 06:11:28 PM
ICO success depends on the project innovation and investors' trust. The team is also a main component to look at before investment. Nowadays, most of the ICOs are just shit projects looking to scam investors and participants.
Yes, now a days most of the ICOs are scams and the ones who invest in them often lose the money that they have invested. If an ICO isn't getting any investment then it won't grow and if the team behind the ICO is unknown then again they won't gain any investors and no body would waste their time to promote those ICOs.

I would recommend everyone to be careful from new ICO's because out of 10 we may have 1 or 2 good projects, the rest of them are created to scam the investors.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: Ambatman on December 21, 2023, 07:25:00 PM
IDO on Launchpads or IEO on CEXs. These two ways are both better for investors because their team and project have been verified and evaluated by a reputable third party such as Launchpad or CEX.
Yeah especially Binance's
Their listed coin overall returns beats their dumps.
I believe the success stems from peoples confidence in the CEX.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: gunhell16 on December 22, 2023, 09:00:38 AM
ICO success depends on the project innovation and investors' trust. The team is also a main component to look at before investment. Nowadays, most of the ICOs are just shit projects looking to scam investors and participants.
Yes, now a days most of the ICOs are scams and the ones who invest in them often lose the money that they have invested. If an ICO isn't getting any investment then it won't grow and if the team behind the ICO is unknown then again they won't gain any investors and no body would waste their time to promote those ICOs.

I would recommend everyone to be careful from new ICO's because out of 10 we may have 1 or 2 good projects, the rest of them are created to scam the investors.

Then I can just add that even if the ICO comes back in these times, I don't think it will happen again in the times of 2016–2017, when many people got really big profits in cryptocurrency because of the ICO.

Maybe only a select ICO can really give a good profit to those who will participate in their projects in the field of crypto. Of course, as you said, there are still many scam projects, so we should be cautious, especially newbies.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: SamReomo on December 22, 2023, 09:14:29 AM
Maybe only a select ICO can really give a good profit to those who will participate in their projects in the field of crypto. Of course, as you said, there are still many scam projects, so we should be cautious, especially newbies.
Yes, there can be a few ICO projects that could give some good profits but finding those good projects is a really difficult task. We don't really know that which ICO is going to be a trusted project or which one is being run by a scammer.

The scammers have launched thousands of tokens and they have loot a lot of money from the investors. They know the psychology of the investors and that's why they get success in looting money out of those investors pockets. So, I would also tell everyone to be cautious when investing in a ICO or a token that's launched on presale sites.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: vegasus on December 22, 2023, 11:37:05 PM
Many coins like shibainu, pepe among others has made many see the returns one can gain from ICO's
Neglecting the fact that with great returns comes great risk.
Not all ICO are profitable
The ICO era has ended. And it is true that there may still be many new projects that use this method, but actually this method is no longer effective. ICO is just a way for developers and their teams to collect money from investors, after which they only care about that money. There are very few ICOs that actually sustain their project for its development and succeed. Yes, there are, but only a small part. That's why at the moment, ICOs are not an easy way to get more money because the era is over and many people are getting smarter about not getting involved in ICOs.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: Thyplaymaker on December 23, 2023, 08:41:56 PM
ICO are not the way they where before. Like this days we all see the performance of shiba inu, even pepe and others. During the time of shiba inu most people that invest in the range of $2 eventually end up becoming a million dollars  richer due to its great percentage. So there are still good and legit ICO at there. And they are also scam ICO project. That is always advisable to invest what you're willing to risk.So that even though is legit or not you know that if you want to experience any losses is something that won't affect you that much while if it's legit you know you gonna earn massively.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: Fenix on December 23, 2023, 09:20:04 PM
ICO success depends on the project innovation and investors' trust. The team is also a main component to look at before investment. Nowadays, most of the ICOs are just shit projects looking to scam investors and participants.
Yes, now a days most of the ICOs are scams and the ones who invest in them often lose the money that they have invested. If an ICO isn't getting any investment then it won't grow and if the team behind the ICO is unknown then again they won't gain any investors and no body would waste their time to promote those ICOs.

I would recommend everyone to be careful from new ICO's because out of 10 we may have 1 or 2 good projects, the rest of them are created to scam the investors.

Then I can just add that even if the ICO comes back in these times, I don't think it will happen again in the times of 2016–2017, when many people got really big profits in cryptocurrency because of the ICO.

Maybe only a select ICO can really give a good profit to those who will participate in their projects in the field of crypto. Of course, as you said, there are still many scam projects, so we should be cautious, especially newbies.
Signature campaigns are unlikely to ever regain their former appeal that they had in 2017-2018. Back then, even an ordinary member could quite often earn several thousand dollars for participating in one ICO. Teams often allocated 200-300 thousand dollars for a signature campaign, which was then the only one without social networks. Now, signature campaigns cost anywhere from a few hundred dollars to several thousand dollars. Therefore, there is no longer talk of quickly enriching bounty hunters through participation in ICOs.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: Jaephoenix on December 23, 2023, 10:58:42 PM
As a general rule in crypto, I dont subscribe or buy into projects that offer or promise a certain ROI.   That is a certified ponzi and such purported pyramid schemes always collapse at a certain point. So no, I wont buy into those ICOs, and most times my gut feelings are correct
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: lionheart78 on December 24, 2023, 12:54:52 AM
ICO is a story of the past, currently new projects have many ways to reach investors: IDO on Launchpads or IEO on CEXs. These two ways are both better for investors because their team and project have been verified and evaluated by a reputable third party such as Launchpad or CEX.
Investors in the crypto market have also become more alert, they often only invest a small portion of their capital in new projects, most will invest in tokens with transparent products and teams.

This kind of collection falls under crowdfunding and crowdfunding is still very effective in amassing funds for certain project specially a new project that have good presentation, and promising road map together with the popular or known developer in their industries.  There maybe different kind of approach on how they conduct their crowdfunding but the concept is still the same.

I agree with @OP that profit projected during the crowdfuding can't be assured by any projects unless the project developer uses the funds wisely to improve their project popularity and development.  There had been lots of record where those who participate in crowdfunding had either lose their funds due to developers running away or ending up with worthless token due to the project being dead even before it is listed on exchanges.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: Rubel007 on December 24, 2023, 04:41:06 AM
ICO projects were very popular from 2017 to 2021 but gradually lost the trust of investors. Usually, projects that are busy getting their funding from ICOs that have no funding of their own and will run away with people's invested money. There are quite a few projects that have run out of money before starting their projects with crypto ICOs.

(https://talkimg.com/images/2023/12/24/Izu71.png)

The most common way an investor invests in an ICO project is to buy the token at a low price and sell the token at a higher price when the project goes public on an exchange site. Exploiting this opportunity, fraudsters consider it a reliable way to steal money. According to Venture Capital World, getting money fast is definitely not good for a new startup. Their project will develop when they spend money themselves and execute effectively. They will express different attitude if they get quick money.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: Bobcrypto on December 24, 2023, 08:08:24 AM
It is of good note on the crypto economy that many ICOs this days are actually not a get rich quik syndrome. In my opinion, ICOs are only profitable these days if you invest on the long term basis. Many ICO are not able to hit softcap, and even some that are able to hit hardcap, can hardly list these coin/tokens above ICO prices. Again, some these new start up project are not sincere, they list these coins and went on to sale their coins first, causing a big dump.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: IvugeoEvolutionCoin on December 25, 2023, 11:14:14 AM
It is of good note on the crypto economy that many ICOs this days are actually not a get rich quik syndrome. In my opinion, ICOs are only profitable these days if you invest on the long term basis. Many ICO are not able to hit softcap, and even some that are able to hit hardcap, can hardly list these coin/tokens above ICO prices. Again, some these new start up project are not sincere, they list these coins and went on to sale their coins first, causing a big dump.
ICOs this year don't seem to be like they used to be, nowadays many rich people are smarter about participating so only a few ICOs that have high value products or at least provide a lot of profit for those who have invested in that ICO will sell out.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: sampoerna on December 27, 2023, 11:50:47 PM
ICOs this year don't seem to be like they used to be, nowadays many rich people are smarter about participating so only a few ICOs that have high value products or at least provide a lot of profit for those who have invested in that ICO will sell out.
In fact, basically the ICO era is over and currently it is very difficult to find an ICO project that is truly worth it. because there are many scams that result from these ICOs, especially those that display very high hard caps but in reality end up being scams. so in my opinion it is quite risky to invest in a new project with an ICO system like before. especially now that there are so many Shit coins such as Meme Coins and various hype Coins launched by developers, most of whom will actually pull out as quickly as possible after they get high profits.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: zilzylian on December 28, 2023, 04:08:08 AM
ICO still exist but not as many as in 2017, currently the era of whitelists, several new projects have ways to obtain funds from investors, I still remember the SUI project doing that when funding from FTX was withdrawn due to problems, and the SUI project held a Whitelist in some CEX exchanges, that's a great idea
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: James Anderson on December 28, 2023, 08:06:51 AM
To be frank, I don't follow so-called social influencers when it comes to investment. I conduct my own research before making investment decisions.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: Callisto on December 28, 2023, 05:13:56 PM
Investing in cryptocurrencies, especially through ICOs, presents a high level of risk, and the success of the project can depend on many factors.
Conducting your own research is a critical step before investing, allowing investors to better understand the project, its team and potential risks.
It is critical to evaluate not only the technical aspects of the project, but also its team, society, and the real need and value of the coin being created.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: kent47400 on December 29, 2023, 03:37:59 AM
The ICO depends on what token is being developed, I see EGO Paysenger also being successful for ICO in 2022.
But the most trending thing right now is IEO on centralized markets, like IEO on Binance exchange because the tokens from Binance's IEO are always good.
Until this moment, I have seen that the IEO token on Binance is very strong in increasing its price, this has been proven, like Fetch, Matic, etc.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: TopT3ns on January 06, 2024, 07:44:14 PM
The ICO depends on what token is being developed, I see EGO Paysenger also being successful for ICO in 2022.
But the most trending thing right now is IEO on centralized markets, like IEO on Binance exchange because the tokens from Binance's IEO are always good.
Until this moment, I have seen that the IEO token on Binance is very strong in increasing its price, this has been proven, like Fetch, Matic, etc.
The IEO on the Binance exchange will indeed be very strong, but you need to pay attention to the fact that not everyone who gets support from Binance has a good future. Many projects supported by Binance have collapsed, and of course, you have to be careful when you want to invest in cryptocurrency. based on IEO and ensure that the product developed is very useful for many people.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: MrSpasybo on January 06, 2024, 08:33:07 PM
The IEO on the Binance exchange will indeed be very strong, but you need to pay attention to the fact that not everyone who gets support from Binance has a good future. Many projects supported by Binance have collapsed, and of course, you have to be careful when you want to invest in cryptocurrency. based on IEO and ensure that the product developed is very useful for many people.
I consulted the list of IEOs on Binance (https://coincodex.com/ieo-list/binance/) and saw that most of them had impressive price increases right after the IEO, bringing high profits to investors. IEO appeared in the 2020 cycle so we do not know whether those projects will continue to stand out and increase in price in 2024 cycle, but at least Binance has helped investors evaluate projects carefully before IEO.

Subjectively, I think that IEOs on Binance during the past crypto winter will grow well in 2024 and 2025 🚀🚀🚀

Title: Re: ICO returns is not a sure get rich quick strategy
Post by: I-Bit on January 06, 2024, 09:34:09 PM
ICO projects were very popular from 2017 to 2021 but gradually lost the trust of investors. Usually, projects that are busy getting their funding from ICOs that have no funding of their own and will run away with people's invested money. There are quite a few projects that have run out of money before starting their projects with crypto ICOs.
Currently, ICO type funding is no longer as popular as it used to be. Maybe there are still some, but not as many as before. And what also needs to be considered is the trust and reputation of the various projects that originate from the ICO system. Really, this is quite a high risk thing. because however we still can't confirm whether the project will actually be legit or not. because hard-cap sales will not guarantee that the project will be successful and last long in the market. So maybe this will be a matter of luck, apart from the results of our analysis as well as initially. What is certain is that this is not a way to become rich quickly.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: Jaephoenix on January 06, 2024, 10:03:26 PM
I always tell folks and friends that crypto is not a get rich quick scheme. And definitely not a pyramid or ponzi schemes(well not all of it). Any project that promises and assures one of a certain periodical remittmce is most likely a Ponzi or pyramid scheme
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: Coinmama7824 on January 07, 2024, 01:06:58 AM
IDO on Launchpads or IEO on CEXs. These two ways are both better for investors because their team and project have been verified and evaluated by a reputable third party such as Launchpad or CEX.
Yeah especially Binance's
Their listed coin overall returns beats their dumps.
I believe the success stems from peoples confidence in the CEX.

Without a doubt, Binance has achieved great success, and you are correct, I believe, in large part, because of the trust that users have in the exchange. The huge volume of trade on the exchange is evidence that Binance has done a fantastic job of earning the trust of its users. It's also important to note that Binance has made significant efforts to advance cryptocurrency acceptance and education, which has bolstered public trust in the sector overall.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: ariaryanto on January 07, 2024, 03:52:32 AM
most people get big profits from ICOs and many people also get losses from ICOs, the risk in ICO investment is losses even from fraud on a new project.. in trading we will definitely find profits and losses, therefore we must try to avoid those It's called a big loss... what we need to do is try to know about the crypto market and information.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: vs2014 on January 07, 2024, 09:54:40 AM
Actually it is very risky to invest in ico and in that case i think ieo and ido are comparatively less risk. Also you are right that not all ico will be profitable together so you should be very careful about investing in a project and following all activities in that project. On the other hand you need to be careful about the partnership in the project and do a lot of research. There are many fake projects who mention various exchanges but later they don't go to exchange so you need to do a lot of research on this too.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: aiviaa485 on January 08, 2024, 07:15:28 AM
It is indeed difficult to find crazier profits this year and in the future because cryptocurrency is now known to everyone.
As far as I know, the most famous ICO was from 2017 and that was when all the early investors entered and didn't know what to do because it was the first time an ICO was being held.
Now all investors really understand what an ICO is and how it works and I am sure that in the future this ICO will soon be replaced by an IEO (Initial Exchange Offering), such as the IEO from Binance Exchange.
But for this IEO (Initial Exchange Offering), we should follow a well-known market like Binance because Binance should also provide the best service for its users. Don't let us enter an IEO in a market that is not well known and I'm sure it will be trapped by Trash coins.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: dansus021 on January 08, 2024, 12:50:21 PM
People who like ICO or at least people who taste the sweetness of ICO will say that ICO is the best place to invest in, that is what I thought a couple of year ago when things went very sweet maybe from 10 projects there 4 projects dead but 6 of the project can cover all the fees.

Until the bear market is come all projects that I invested in vanish and turn into dust and ICO feel bitter to me

Title: Re: ICO returns is not a sure get rich quick strategy
Post by: MrSpasybo on January 08, 2024, 03:53:20 PM
It is indeed difficult to find crazier profits this year and in the future because cryptocurrency is now known to everyone.
As far as I know, the most famous ICO was from 2017 and that was when all the early investors entered and didn't know what to do because it was the first time an ICO was being held.
Now all investors really understand what an ICO is and how it works and I am sure that in the future this ICO will soon be replaced by an IEO (Initial Exchange Offering), such as the IEO from Binance Exchange.
But for this IEO (Initial Exchange Offering), we should follow a well-known market like Binance because Binance should also provide the best service for its users. Don't let us enter an IEO in a market that is not well known and I'm sure it will be trapped by Trash coins.
Yeah, since 2021, I have not participated in any ICO because I am no longer naive enough to trust anonymous or unverifiable teams. WhitePaper with magnificent tokenomics and impressive Roadmap is no longer enough for investors to risk their money.

IEO and IDO are clearly better and safer than ICO while still having very good growth potential in the future.

For me, Binance Launchpad is the best place in the market to participate in IEO, while CoinList is chosen for IDO.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: bitbit97 on January 08, 2024, 04:04:46 PM
Today, "ICO returns" sounds funny and makes people smile. Does anyone really think that ICO can return? Those old ICO's during 2017-2018. That there are still so many projects that really require blockchain technology? That those projects still with few page whitepapers can raise tens of millions? That people would really invest in exchange for early investor bonuses and wait for listing. Really? In 2024? ICO's never gonna be back in crypto. People rarely invest (funds do now instead) today. Instead of investing people prefer trading or holding top cryptocurrency.
Title: Re: ICO returns is not a sure get rich quick strategy
Post by: jonathancool220 on January 09, 2024, 09:56:08 AM
while CoinList is chosen for IDO.
Can Coinlist really be trusted by all cryptocurrency users?
I'm not sure that Coinlist can be completely trusted by users cryptocurrency space.
Everyone will definitely think that Binance Exchange is the best IEO place, but there must be rivals so that there is no monopoly.
The rival might be like the one you are talking about, namely Coinlist. But does COinlist have the best experience in launching IDO tokens? What are the best tokens that Coinlist has launched that have been successful in the market??