Do you still believe in Presales?

[Bobcrypto]

So I would appreciate your thoughts on this... Are presales still profitable or I should just forget about that chapter?

imo, I don't think it's healthy to participate in every presale. Before the market became filled with too many scam projects, the chances of getting your investment back was probably 50/50, but at this point, I don't even think it's upto 30/70. I advice you stick to something else, except you have the money to waste.

First of all, investing on presale these day is almost a waste of time and money, it is not even advicable to put your money in a hopeless project where developers will manage to launch the coin/token but will vanish away once the market dumps.
in addition, investing into many of these new start up projects this days does not guaranteed a refund, once you have invested, it becomes practically impossible to get a refund if the project failed or become an exit scams. In fact, even a genuine project hardly refund investors in whatever may happen to the project.

[benalexis12]

I think there are still sensible and potential pre-sales if we are just being researching, that's why there are still others who are making a profit from pre-sales, though they will wait a while before it is listed but they are sure that their investments here will not be wasted.

But of course, you still need to be extra careful because I can't deny that most pre-sales are also scams by the developers who are doing this in the crypto space.

[Blaze]

First of all, investing on presale these day is almost a waste of time and money, it is not even advicable to put your money in a hopeless project where developers will manage to launch the coin/token but will vanish away once the market dumps.
in addition, investing into many of these new start up projects this days does not guaranteed a refund, once you have invested, it becomes practically impossible to get a refund if the project failed or become an exit scams. In fact, even a genuine project hardly refund investors in whatever may happen to the project.

To be honest, there are many risks in investing in anything related to cryptocurrencies and blockchain projects and it’s not rare that investors are let down by undesired outcome. Nevertheless, there are several factors that can minimise the above risks. First, therefore, it is essential to gathering as much information as one can about the project one plans to invest in as possible. This is why knowing who stands behind this concept, their idea, and a clear business plan will give a truer indication of the project’s future potential. Moreover, in the same field of investing, there is no certainty mark but this made diversification or investment to various projects the best approach to minimise large losses as a result of failing project. All the same, it is not all impossible to make a profit because the whole process can be carried out cautiously and deliberately.

[bayu7adi]

It's like looking for a hidden gem too, huh... no one thought that Bitcoin when it was still priced at $1 would be this big, even no one thought that Ethereum when it was first launched would be as big as it is now, everything started from doubt and no one could have expected it, but most of the new projects that have been launched recently are indeed a little more difficult to rely on because many of them do not come with a special use case... many fake developers compete to create memecoins, making it an unhealthy ecosystem... yes, many new projects now are not like new projects when the cryptocurrency was first launched... that's why many experts and even governments are starting to distrust presales related to coin sales...

[hollow knight]

I think there are still sensible and potential pre-sales if we are just being researching, that's why there are still others who are making a profit from pre-sales, though they will wait a while before it is listed but they are sure that their investments here will not be wasted.

But of course, you still need to be extra careful because I can't deny that most pre-sales are also scams by the developers who are doing this in the crypto space.

Presales are like mine fields - you are either lucky to walk through so many risk factors and win big, or you explode in any of the circumstances that would shatter the situation in one move.

[Mr. Magkaisa]

So I would appreciate your thoughts on this... Are presales still profitable or I should just forget about that chapter?

When investing, whether it's presales or aftersales, I always advise on the potential. You are in a comfortable position if you invest in a coin with a usecase and will likely stay in the market in the long term.
If you find a coin with potential in a presale, then it's good for you to invest. If you find it after months of listing, it's still good, but there is an advantage to investing in a presale, but it will always come down to potential.

        -       You're right mate, I also believe what others say that in this era it's very difficult to trust investing in pre-sales. As we know, it's still up to the discretion of individuals whether they invest, because whether we admit it or not, most people still invest because of the hype.

So if I were you, maybe instead of investing in pre-sales, I think it's better to invest in the listed cryptocurrencies that are on the top listed on the top exchanges rather than the coins that are on pre-sales. Just a thought.

[Z-crypt]

I think there are still sensible and potential pre-sales if we are just being researching, that's why there are still others who are making a profit from pre-sales, though they will wait a while before it is listed but they are sure that their investments here will not be wasted.

But of course, you still need to be extra careful because I can't deny that most pre-sales are also scams by the developers who are doing this in the crypto space.

It would be a waste of time to research for any potential presale project in my opinion. It still better to hold on till the token list before deciding on the investing in the project. I noticed recent projects are performing well in the market, so it’s better to buy after listing.

[doc]

It's like looking for a hidden gem too, huh... no one thought that Bitcoin when it was still priced at $1 would be this big, even no one thought that Ethereum when it was first launched would be as big as it is now, everything started from doubt and no one could have expected it, but most of the new projects that have been launched recently are indeed a little more difficult to rely on because many of them do not come with a special use case... many fake developers compete to create memecoins, making it an unhealthy ecosystem... yes, many new projects now are not like new projects when the cryptocurrency was first launched... that's why many experts and even governments are starting to distrust presales related to coin sales...

mang we all did not expect bitcoin at the beginning of its launch to be very cheap, but now it is getting more expensive. And many other coins like ethereum were also cheap at first and are getting more expensive now.
My bitcoin follows the price of bitcoin because I invest in bitcoin even though not from the beginning.

[yohananaomi]

It's like looking for a hidden gem too, huh... no one thought that Bitcoin when it was still priced at $1 would be this big, even no one thought that Ethereum when it was first launched would be as big as it is now, everything started from doubt and no one could have expected it, but most of the new projects that have been launched recently are indeed a little more difficult to rely on because many of them do not come with a special use case... many fake developers compete to create memecoins, making it an unhealthy ecosystem... yes, many new projects now are not like new projects when the cryptocurrency was first launched... that's why many experts and even governments are starting to distrust presales related to coin sales...

mang we all did not expect bitcoin at the beginning of its launch to be very cheap, but now it is getting more expensive. And many other coins like ethereum were also cheap at first and are getting more expensive now.
My bitcoin follows the price of bitcoin because I invest in bitcoin even though not from the beginning.

Bitcoin is the pioneer of all cryptocurrencies, and you are right that no one expected at the beginning of its launch where it could be up to now at a very high price and no one expected that to happen.
Almost all potential altcoins also experienced the same thing and, unexpectedly, would soar to now at a very high price.
My assumption is that maybe there were a few who followed bitcoin investments from the beginning, because there are indeed a few who predict something like this.

[milewilda]

I think there are still sensible and potential pre-sales if we are just being researching, that's why there are still others who are making a profit from pre-sales, though they will wait a while before it is listed but they are sure that their investments here will not be wasted.

But of course, you still need to be extra careful because I can't deny that most pre-sales are also scams by the developers who are doing this in the crypto space.

It would be a waste of time to research for any potential presale project in my opinion. It still better to hold on till the token list before deciding on the investing in the project. I noticed recent projects are performing well in the market, so it’s better to buy after listing.

I have been through tons of presales recently and ended up on having negative at the moment it do get listed on various exchangers .Somehow there are those who do make me some profits but the ration in between to those failed projects is much more higher than into those who do succeed out on which you can be able to tell that its not that worth. When it comes to researching then we can say that it is that not totally the pure thing on which you do need up to rely for you to decide on investing on a project. I have seen tons of those good potential projects when it comes to utility but ended up on having that dump price in the end of the day on which it did leave out that regret feeling on why i have investing into a particular project. This is why i do agree into the sentiment that it is much more better on investing into after listing phase when the market is on the bottom on which you can be to witness out most of the time.,

[KryptoBull]

It would be a waste of time to research for any potential presale project in my opinion. It still better to hold on till the token list before deciding on the investing in the project. I noticed recent projects are performing well in the market, so it’s better to buy after listing.

Here's the safest approach, because when a token gets listed on major CEXs, it has already passed the scrutiny of experts in this market. Tokenomics, idea, solution, team, ecosystem, trading volume... all get reviewed, and from there, investors can feel more secure about buying the token; at least it's likely not a scam project.

However, safety comes with lower opportunity. When the news of a listing on CEXs comes out, the token price has usually already surged, meaning investors won't be able to buy the token at the presale price anymore. Each investor has their own risk appetite to make their own decisions.

[Azharul]

I cant advise for going into presales offers any longer because most of the ones we have done in the past are not pleasing for making any profits, instead they are just taking advantage on us from what we have invested with them, if it were to be as before, when you invest on a presale, you will most likely be profitable in your investment because the market will always be profitable at it has been launched, many other investors will be coming in and the value increases as a result, but some will go opposite direction and fall after they are launched.

Actually, i think that your comment is also very appropriate in this time. So i am also agree with your best comment. Because we can not full depend on this presale. If we follow in before who was invest in this position, most of the crypto lovers will face losses from here. But we also saw some investors will be benefits from here. Because we know that cryptocurrency market always depending on up and down. So if we can understand in this situation, i believe that then it will be very prefer for us. So i think that crypto currency market knowledge is very important for benefits here.

[Joeboy]

During the early periods of me joining the Crypto world, I could recall there were alot of Presales I came across on Telegram and Twitter. Presale adverts was booming then, though I never really had the full knowledge on identifying scam projects.
I was just believing all these projects are real, until a fellow crypto lover who has been in the industry for years shared his experience with me. He made me understand that I don't just have to invest in any project presale I come across without making proper research.
Mind you, I don't even have any idea of going about making research on a project but I was already dreaming that if I had funds, I'll just pour them into 5 different presale projects and wait for the token launch. But luckily for me I had no funds.

I was advised to follow up with launchpool on Exchanges than investing in presales, but as a newbie my thoughts were highly focused on massive profit but sluggishly I joined few launchpools then and made little profits.

My mind was still on investing in presales even till now, but the fear of being scammed has not allowed me invest in any. I stopped following up news related to presales because of this advice.

So I would appreciate your thoughts on this... Are presales still profitable or I should just forget about that chapter?

Well for me I believe in presales , but one has to be very careful coz it's not every presale that is worth jumping into, some are all hype, with no real value behind them. I only consider it when there is a solid team behind it, a clear roadmap and real utility. Otherwise is simply just gambling.

[Manrich]

i see no need for pre-sale some times, cus really the actual listing price most times is just nearly thesame

[bitbit97]

Even thought it depends from a project, I am scared of buying at presales. I have seen to many examples how early buyers, bounty hunters, developers and etc drop their token at early possible moment and kill the price. I have seen so many examples how it took months, quarters and years for price to recover, which makes presales useless, as regular trading or pump and dumps give better profit in a shorter time period. And it is hard to get in a “good” project presale. Often insiders get all the presale tokens or most tasty part of pie, making a presale as usual sale.