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Author Topic: Investing in IDO coins as long term strategies  (Read 1434 times)

Offline akeemqaz

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Investing in IDO coins as long term strategies
« on: August 20, 2024, 06:23:36 PM »
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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Investing in IDO coins as long term strategies
« on: August 20, 2024, 06:23:36 PM »

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Re: Investing in IDO coins as long term strategies
« Reply #1 on: August 20, 2024, 10:55:24 PM »
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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Re: Investing in IDO coins as long term strategies
« Reply #1 on: August 20, 2024, 10:55:24 PM »

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Offline joniboini

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Re: Investing in IDO coins as long term strategies
« Reply #2 on: August 21, 2024, 03:34:41 PM »
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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Re: Investing in IDO coins as long term strategies
« Reply #3 on: August 21, 2024, 04:29:56 PM »
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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Re: Investing in IDO coins as long term strategies
« Reply #4 on: August 21, 2024, 08:15:18 PM »
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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Re: Investing in IDO coins as long term strategies
« Reply #5 on: August 21, 2024, 10:07:37 PM »
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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Re: Investing in IDO coins as long term strategies
« Reply #6 on: August 21, 2024, 10:09:33 PM »
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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Re: Investing in IDO coins as long term strategies
« Reply #6 on: August 21, 2024, 10:09:33 PM »


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Re: Investing in IDO coins as long term strategies
« Reply #7 on: August 22, 2024, 12:57:55 PM »
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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Re: Investing in IDO coins as long term strategies
« Reply #8 on: August 22, 2024, 02:15:10 PM »
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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Re: Investing in IDO coins as long term strategies
« Reply #9 on: August 22, 2024, 03:16:49 PM »
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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Re: Investing in IDO coins as long term strategies
« Reply #10 on: August 22, 2024, 05:41:51 PM »
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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Re: Investing in IDO coins as long term strategies
« Reply #11 on: August 22, 2024, 05:42:12 PM »
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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Re: Investing in IDO coins as long term strategies
« Reply #12 on: August 22, 2024, 07:07:55 PM »
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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Re: Investing in IDO coins as long term strategies
« Reply #13 on: August 22, 2024, 07:39:58 PM »
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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Re: Investing in IDO coins as long term strategies
« Reply #14 on: August 22, 2024, 11:58:44 PM »
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.
« Last Edit: August 23, 2024, 12:03:57 AM by kulkhan »
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