Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: akeemqaz on August 20, 2024, 06:23:36 PM
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Utility tokens are now fading as memecoins are becoming more popular.
Although, I'm looking forward to buying some utility coins for the long term. Not just the top coins. I see IDO coins as good options because they often support staking to earn other coins and offer various benefits.
I wanted to invest in Polkastarter, but they keep getting delisted from exchanges, which has deterred me. Now I'm looking forward to buying some BlastUP, but it seems no exchanges support Blast ETH withdrawals.
I would love to know if any suggestions on IDO coins and also how to buy Blast ETH on exchanges or if there's an exchange where I can simply buy the BlastUP token.
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I don't know why you want to buy the aforementioned coins; although I'm not familiar with that, to be honest, you have a better chance of getting a good return on your investment if you choose among the top altcoins to hold in the future.
Then, if a crypto is delisted from an exchange, that means there is a problem with the coins because they may no longer meet the quota or requirements of the exchange. That's as simple as that to understand.
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So your main goal is to earn passive income through staking? Since most IDOs are terrible, why not move to launchpad? As far as I can tell most exchanges use their native token to filter out people who are eligible to buy launchpad tokens, and most of the time they also require you to stake them. I guess it's a problem if KYC is an issue, but trying to look for non-KYC DEX platform where most of their products are proven to be crap is not a good choice either IMO.
About Blast, are you talking about the one who run an airdrop where people need to lock their ETH on their chain? AFAIK you should be able to bridge back your ETH if their chain is ready. It should not be a problem for exchanges to do the same thing afaik. CMIIW.
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I lost most of my money from investing on this strategy I got rugged maybe I am not that smart enough to choose which coin is best to buy. I have been buying memecoins during prelaunch and in IDO if I'm not mistaken but i turns to be bad for my investment so I think maybe if I were you better to choose coins that once on trend or those that are listed on top for a much safer investment for long term.
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An easy way to diversify your crypto portfolio is to add new tokens to your existing holdings. That doesn't mean you should rush into any kind of meme coin investment. Many meme coins entered the market in the past year but only a few survive and the rest die and are scams. Risk of investment in crypto currency so we shouldn’t forget them. Cryptocurrency prices are as volatile as the industry and crypto scams abound so be sure to watch out for them.
I like ido trand because i got good profit from it. I have been associated with poolx platform for a long time who have been successfully providing ido service. They have managed many good projects ido which i got good profit.
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Utility tokens are now fading as memecoins are becoming more popular.
Although, I'm looking forward to buying some utility coins for the long term. Not just the top coins. I see IDO coins as good options because they often support staking to earn other coins and offer various benefits.
I wanted to invest in Polkastarter, but they keep getting delisted from exchanges, which has deterred me. Now I'm looking forward to buying some BlastUP, but it seems no exchanges support Blast ETH withdrawals.
I would love to know if any suggestions on IDO coins and also how to buy Blast ETH on exchanges or if there's an exchange where I can simply buy the BlastUP token.
There are no different between IDO coins and coins purchase on ICO sales. May be you are missing up the aim of both, it is the same end result as far as token sales are
concerned.
Polkastarter is a Dex platform where new startup projects
launch their native tokens, if the Polkastarter has its native token, you can buy it directly on the website or buy on CEX exchanges if it has been listed.
Try to get details about Blast token on it website or read through it's social media network for listing informations.
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Be it IDO or ICO investment decision, we are free to make use of anyone of them inasmuch as we are bale to bear the risk in them, most of us are interesting in making investments in which we know less about, investment in any cryptocurrency should be under the affordability we have in taking the risk on them, if we cant then we have to be cautioned not to give a try, so may perform well over the long term duration while some may not and keep getting worse over time.
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I couldn’t told which coin is best preferred for invest, but which coin do you selected, i did not familiar to it. I think that which coin are best benefited or getting out of good return thats coin will be very perfect for invest. You know that there are many altcoin are stay in the cryptocurrency market. I believe that if you are invest in this coin, you could be benefit must. Because i think that altcoin is very prefer for long time investment.
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IDO coins are just like buying ICOs, man. The two of them are very similar, it's just one initial in the name that's different (DEX instead of Coin). I advise you to not waste time with these kind of coins because if they keep getting delisted from exchanges, then that is a warning sign that the token can't hold its own and you'll probably lose from it.
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Utility tokens are now fading as memecoins are becoming more popular. Although, I'm looking forward to buying some utility coins for the long term. Not just the top coins. I see IDO coins as good options because they often support staking to earn other coins and offer various benefits.
We are now in the memecoin era and I am seeing a longer time for this trend that is enveloping the whole cryptocurrency industry and which made SOL and TON soar a lot in the market and now there is also a big possibility for TRON to enter the game. People are making money, many are getting rich and yet the reality is that many are also losing money...just like gambling since they are dealing with worthless platform just offered to make more money and nothing else. Sadly, we are seeing the fading away of utility tokens as a result as more and more people are more focused on memecoins and the excitement they are generating in the market. Now, since you are in IDO coins because of the staking opportunities they are bringing, I am just wondering if staking are not in other type of platforms because I can sense that IDO is also fading away.
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I don't know why you want to buy the aforementioned coins; although I'm not familiar with that, to be honest, you have a better chance of getting a good return on your investment if you choose among the top altcoins to hold in the future.
Then, if a crypto is delisted from an exchange, that means there is a problem with the coins because they may no longer meet the quota or requirements of the exchange. That's as simple as that to understand.
I totally agree with you, I also have not come across the token the op mentioned, so it's hard to tell if its worth investing in or not, but all the same, like you have said, it's always better to invest in already well established projects where the risk is minimal just like investing in bitcoin.
But then, there are still people who love to take high risk with some unknown projects, this is definitely one of the ways to make really big money in crypto, but the risk is always high, if op is that type of person who don't mind the risk associated with investing in unknown projects, then that's his cup of tea and all we can do is wish him good luck.
I personally also sometimes take risk with unknown projects, but I always make sure to hold a greater amount on well especially projects where (like I said before) the risk of losing is minimal.
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I have no experience investing in the coins you mentioned and I don't consider them good coins. IDO was once very popular and had a lot of hype but now IDO coins don't usually do very well. So I am not interested in investing in IDO coins now and I suggest you to use other strategy of investing if you know better strategy.
Pre-market is very much in hype now and if you have pre market analysis skills you can make good profit from it. Many investors are now making huge profits from the pre-market. And I also started analyzing it
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Then, if a crypto is delisted from an exchange, that means there is a problem with the coins because they may no longer meet the quota or requirements of the exchange. That's as simple as that to understand.
They got delisted from more than one exchange. Polkastarter and I wonder the reason behind that. So I think you are right but I'm still gonna stay away from it.. I appreciate your explanation.
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Then, if a crypto is delisted from an exchange, that means there is a problem with the coins because they may no longer meet the quota or requirements of the exchange. That's as simple as that to understand.
They got delisted from more than one exchange. Polkastarter and I wonder the reason behind that. So I think you are right but I'm still gonna stay away from it.. I appreciate your explanation.
Why are you interested in Blast? Haven't really followed launchpad tokens for a while since I added Bgb/Bwb to my pf. But if you're interested getting some, check it out in BG poolx to mine or trade it on their spot market. I'm guessing they have withdrawals on..
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I am boring about IDO. I have joined some IDO project but return was very low and also few months vesting. I think it was loss project for me. But i saw some project doing well and many people involving on IDO and they are taking profit from here. So if anyone sticks on IDO he will be benefited from here. Some people want to invest on proper place so i think IDO is best place for it. Profit and loss both will be in cryptocurrency market but i think for good on we have to take some risk. Otherwise we could not able to gain.
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Be it IDO or ICO investment decision, we are free to make use of anyone of them inasmuch as we are bale to bear the risk in them, most of us are interesting in making investments in which we know less about, investment in any cryptocurrency should be under the affordability we have in taking the risk on them, if we cant then we have to be cautioned not to give a try, so may perform well over the long term duration while some may not and keep getting worse over time.
It's our responsibility to make an analysis and take action if we think it's worth the risks involved, you are right. However, IDO, on paper, is a bit safer than ICO ;D
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IDO for long-term? Goodluck with that ;D If I were you, I would rather look for older coins/tokens that were already listed and has established a community and wait for the bear market to hit. You can buy a lot of these alts at a huge discount like at least 80% from ATH or even lower than listing price.
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IDO (Initial Dex Offering) is a mechanism that is not much different from ICO, which is offering new coins, only IDO is more decentralized... considering this is the beginning of a coin's journey, investing in it will certainly have very little data that can be analyzed... and that's what makes the risk even greater.... we see the percentage of coins that have successfully sold lately, many of them end up in less than satisfactory conditions... yes, that's because the data analyzed is very minimal, so the luck factor plays a big role for those who do not have good relationships with insiders.
In my opinion, IDO is not suitable as the beginning of a long-term investment journey... it takes some time to see its performance and potential... because each developer's work steps are different and cannot be analyzed before they actually do what they plan.
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IDO (Initial Dex Offering) is a mechanism that is not much different from ICO, which is offering new coins, only IDO is more decentralized... considering this is the beginning of a coin's journey, investing in it will certainly have very little data that can be analyzed... and that's what makes the risk even greater.... we see the percentage of coins that have successfully sold lately, many of them end up in less than satisfactory conditions... yes, that's because the data analyzed is very minimal, so the luck factor plays a big role for those who do not have good relationships with insiders.
In my opinion, IDO is not suitable as the beginning of a long-term investment journey... it takes some time to see its performance and potential... because each developer's work steps are different and cannot be analyzed before they actually do what they plan.
Currently I do not invest in ICO, IDO or presale because the risk is also high, I do not have the knowledge and experience in conducting research on new projects. That's why I choose to invest in coins that are in the top coins. Because the risk is smaller than new projects.
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IDO for long-term? Goodluck with that ;D If I were you, I would rather look for older coins/tokens that were already listed and has established a community and wait for the bear market to hit. You can buy a lot of these alts at a huge discount like at least 80% from ATH or even lower than listing price.
I agree because I would be the same.
The market is big, there will be something for everyone.
That's my opinion, of course.
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It's not the actual trend, the ICO hype ended in the year 2018 so you're 6 years later to make use of that trend. The dynamics of the market changed drastically and the hype fades away very sooner than before so if you want to invest for long term then choose something that existed in the long term for example Bitcoin, ETH and LTC.
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Utility tokens are now fading as memecoins are becoming more popular.
Although, I'm looking forward to buying some utility coins for the long term. Not just the top coins. I see IDO coins as good options because they often support staking to earn other coins and offer various benefits.
I wanted to invest in Polkastarter, but they keep getting delisted from exchanges, which has deterred me. Now I'm looking forward to buying some BlastUP, but it seems no exchanges support Blast ETH withdrawals.
I would love to know if any suggestions on IDO coins and also how to buy Blast ETH on exchanges or if there's an exchange where I can simply buy the BlastUP token.
Investing in a Dex offering is still a good option if the project has raised some decent funds, has a good team, and has a good purpose and use case. If they are not memecoins but have a useful position to take in the market, then joining such a project's offering is not a bad thing. People were joining these before, and they will be joining them now and in the future as well. The hype ends, but the demands stay on.
I think the risk is high in joining IDOs because there are a lot of IDOs going on currently, and its really hard to distinguish which one is good and can give you some returns. Holding such coins for the long run is not a good idea because when you buy some coins from IDOs, you have to sell them at the time of listing because, in my experience, that's the only time when they make new ATH. After that, you find it hard to get rid of such tokens.
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It's not the actual trend, the ICO hype ended in the year 2018 so you're 6 years later to make use of that trend. The dynamics of the market changed drastically and the hype fades away very sooner than before so if you want to invest for long term then choose something that existed in the long term for example Bitcoin, ETH and LTC.
ICOs, IDO or IEOs were a very good and effective ways and mean through which alot of devs raised money to start their crypto business and develop their product, but unfortunately, like everything else where money is involved, this means was abused, scammers utilized it, which lead to alot of scams, people losing their hard earned money, and rug pulls, failed projects, all this lead to investors losing their money, this was why the Ico, ieo, IDO, and even launchpad sales hype could not be sustained.
Imagine investing in an Ico and believing you are buying at the possible cheapest price, only for the token or coin to enter the market, and the price falls 99 percent below the Ico price, which means those who did not participate in the Ico are now luckier because they get to buy at a far lower price, this has been my experience and the experience of many other countless number of times 😁.
This industry have been through a lot of growth and restructuring, and happy how things have evolved.
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It's not the actual trend, the ICO hype ended in the year 2018 so you're 6 years later to make use of that trend. The dynamics of the market changed drastically and the hype fades away very sooner than before so if you want to invest for long term then choose something that existed in the long term for example Bitcoin, ETH and LTC.
ICOs, IDO or IEOs were a very good and effective ways and mean through which alot of devs raised money to start their crypto business and develop their product, but unfortunately, like everything else where money is involved, this means was abused, scammers utilized it, which lead to alot of scams, people losing their hard earned money, and rug pulls, failed projects, all this lead to investors losing their money, this was why the Ico, ieo, IDO, and even launchpad sales hype could not be sustained.
~snip~
I also checked on Google about IDO (Initial Dex Offering) and many of the answers were unpleasant because they were identical to Scammers. If in this position it is not profitable then I cannot give advice to OP. Maybe it is better for OP to avoid investing in IDO because it is very dangerous for our own assets.
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I don't think the performance of a coin or token has much to do by its nature of being an ICO or IDO as we may apply it, making a long term investment in cryptocurrency have to do with the way we can afford taking risk on the desired coin or token in consideration, which is why most investors will prefer going small at the start and begin with bitcoin as well in other for them to avoid FOMO.
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I don't think the performance of a coin or token has much to do by its nature of being an ICO or IDO as we may apply it, making a long term investment in cryptocurrency have to do with the way we can afford taking risk on the desired coin or token in consideration, which is why most investors will prefer going small at the start and begin with bitcoin as well in other for them to avoid FOMO.
Yeah.
It doesn't matter in the long run ;D
And risks should always be weighed out.
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IDO coins are the riskier version of ICO, probably more like the wild west of coins back in 2013 when everyone was launching coins without even having a website, just an announcement page on btt, just focusing on the launch model is probably a losing strategy, there will for sure be more rug pulls than anything of value.
ICOs, IDO or IEOs were a very good and effective ways and mean through which alot of devs raised money to start their crypto business and develop their product,
And if we look back on all those hundreds of projects that by some miracle are still alive what do we have other than some tokens that can be traded? Probably 1% had a good intention and 99% were scams but out of those 1% again 99% turned to be failures.
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I don't think the performance of a coin or token has much to do by its nature of being an ICO or IDO as we may apply it, making a long term investment in cryptocurrency have to do with the way we can afford taking risk on the desired coin or token in consideration, which is why most investors will prefer going small at the start and begin with bitcoin as well in other for them to avoid FOMO.
Of course, long-term investment decisions in this given world are not as simple as whether or not the coin is from an ICO or IDO but rather how the risk is being handled. A lot of investors do like to stick to safety in terms of the initial capital put in and they typically commence with $50 and usually adopt Bitcoin. Bitcoin is comparatively stable in the market and therefore, it is logical for people to start their studies with Bitcoin while avoiding FOMO. Understanding of risk management as a primary strategy is important to remain afloat in such an environment as crypto.
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I don't think the performance of a coin or token has much to do by its nature of being an ICO or IDO as we may apply it, making a long term investment in cryptocurrency have to do with the way we can afford taking risk on the desired coin or token in consideration, which is why most investors will prefer going small at the start and begin with bitcoin as well in other for them to avoid FOMO.
Of course, long-term investment decisions in this given world are not as simple as whether or not the coin is from an ICO or IDO but rather how the risk is being handled. A lot of investors do like to stick to safety in terms of the initial capital put in and they typically commence with $50 and usually adopt Bitcoin. Bitcoin is comparatively stable in the market and therefore, it is logical for people to start their studies with Bitcoin while avoiding FOMO. Understanding of risk management as a primary strategy is important to remain afloat in such an environment as crypto.
Investing with coins or tokens from ICO or IDO is very risky, we must do research first and really have experience and knowledge about new projects because in addition to the great risk we also cannot predict the coin will survive until when, how the Team Dev of the project, Because Man Behid The Project is a determinant of project success.
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I don't think the performance of a coin or token has much to do by its nature of being an ICO or IDO as we may apply it, making a long term investment in cryptocurrency have to do with the way we can afford taking risk on the desired coin or token in consideration, which is why most investors will prefer going small at the start and begin with bitcoin as well in other for them to avoid FOMO.
Of course, long-term investment decisions in this given world are not as simple as whether or not the coin is from an ICO or IDO but rather how the risk is being handled. A lot of investors do like to stick to safety in terms of the initial capital put in and they typically commence with $50 and usually adopt Bitcoin. Bitcoin is comparatively stable in the market and therefore, it is logical for people to start their studies with Bitcoin while avoiding FOMO. Understanding of risk management as a primary strategy is important to remain afloat in such an environment as crypto.
Investing with coins or tokens from ICO or IDO is very risky, we must do research first and really have experience and knowledge about new projects because in addition to the great risk we also cannot predict the coin will survive until when, how the Team Dev of the project, Because Man Behid The Project is a determinant of project success.
It's essential to analyze responsibly.
You want to pour your funds into the project - you should put the effort to be sure that it won't be in vain.
That's my opinion.
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Utility tokens are now fading as memecoins are becoming more popular.
I clearly get what you my friend, all what you said about memecoins getting all the attention but I agree that utility tokens, especially IDO ones are worth looking at for long-term growth because they often come with staking and other benefits. Polkastarter looked good but with the delisting issues which doesnt look good, it makes sense that you're cautious now.
As for BlastUP, I understand the struggle. Not having exchange support for withdrawals can be a big turn-off. Have you checked decentralized exchanges like Uniswap or others? They might have it even if bigger exchanges don’t.
For other IDO suggestions, maybe look into platforms like DAO Maker or TrustSwap. They could be solid options with real utility, which is what we’re both after..
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From the way i see it, i think many do believe more on IDO projects more than ICO because they think from their aspect of performance after launch, but this does not make the justification if not by who are behind the development of a particular crypto project, but i will always say this, that before we choose a project for an investment, we have to know much about it and have the affinity of taking the risk that may follows.
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From the way i see it, i think many do believe more on IDO projects more than ICO because they think from their aspect of performance after launch, but this does not make the justification if not by who are behind the development of a particular crypto project, but i will always say this, that before we choose a project for an investment, we have to know much about it and have the affinity of taking the risk that may follows.
I totally agree.
It's your own responsibility to go into each option, and it's there is not a single decision or plan that would bring you success.
Thus, we should all strive to think for ourselves and pick what, in our opinion, is best for ourselves.