Investing in IDO coins as long term strategies

[luckyledger]

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

[Zed0X]

IDO for long-term? Goodluck with that 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.

[bayu7adi]

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.

[legend45]

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.

[luckyledger]

IDO for long-term? Goodluck with that 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.

[Findingnemo]

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.

[Faisal2202]

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.

[Fivestar4everMVP]

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.

[erus]

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.

[Aanuoluwatofunmi]

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.

[luckyledger]

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
And risks should always be weighed out.

[Stompix]

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.

[MRY]

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.

[rizqillah]

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.

[luckyledger]

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.