Do you still believe in Presales?

[Legion]

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.

You are correct and the reason being that there are numerous examples which show that pre sale is one tactic provided to early investors to get their gains and leave those who really invested money and waited for prices to level out for months. However, that strongly does not have to translate into no more pre sales at all. There are projects that can indeed be successful and have higher returns in the future. The key lies in selecting better and make a right assessment not on the immediate high valued based projects. to the individual Fairy tale could be true pre sales is not an opportunity, but rather a high risk if the person wants the project to succeed If a person is well informed about the organisation and he believes in the team and vision of the project then pre sales can also be an opportunity.

[Mr. Magkaisa]

        -      It probably depends on whether we ourselves did research on a project and we really saw potential because we also saw partner investors who were not bros who were also involved in the crypto space for several years, then the funds were raised quickly because of the large number of communities who also trusted to buy.

But this only happened to me once, and as some of our friends here say, when we invest, we should still invest what we can afford to lose and not expect too much.

[Amug123]

I have had several disappointing experience with pre-sale investment, with some not generating profits as expected. We all know how cryptocurrency can be unpredictable, with some projects experiencing price drop after launch.  To me I think pre-sale is used to benefit early investors at the expense of late investors, leading to potential losses.

[legend45]

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.

I didn't have a good experience following the presale, this is what made me stop doing it because I have more confidence in the top coins that are already listed on the largest exchanges.
As you said the price can fall and it is difficult to go back up. And it takes a long time when the price falls when many people sell this coin at the beginning and I think the risk is too risky.

[Faisal2202]

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, don't live under the fear, do something. I mean, the best way to face the fear is to do it, as I read Murphy's law, which I don't like, but to some extent it's right, it says, anything that can go wrong will go wrong So if you want to test presales, do your research, find some presales sites, search about the successful presales that occurred in the last 5 to 6 months, and find out why.

From why, I mean, get into the base of why it gave people huge profits, in airdrop hunting, I find many presales, launchpools, launchpads, I did not joined due to the loss in the market, but people did not stop, they found new opportunities and invested and made huge money, do the effort and see the results. It is not that difficult, BTW I had this presale invested in like 2022 if I am not wrong, and I am at loss right now but I only invested around $50 and if things went boom for this I could make $1k and yeah all this long I don't even come to remember about it, only when I saw the word pre-sale on any forum.

[Blaze]

I didn't have a good experience following the presale, this is what made me stop doing it because I have more confidence in the top coins that are already listed on the largest exchanges.
As you said the price can fall and it is difficult to go back up. And it takes a long time when the price falls when many people sell this coin at the beginning and I think the risk is too risky.

It makes perfect sense to avoid pre-sale investments and concentrate on top coins that are already listed, if you have very high uncertainty after the pre-sale. In most cases, by the time a coin is listed it becomes cheap due to mass selling by those investors who bought it cheap when it had little value. Coins on well established exchanges are more stable and trusted and as you can imagine will involve lesser risk than having to start going for new coins on such markets. It is quite logical to aim for safety in an adsorption that almost looks unpredictable, thus, your move seems quite reasonable from the viewpoint of risk management.

[Zed0X]

I have had several disappointing experience with pre-sale investment, with some not generating profits as expected. We all know how cryptocurrency can be unpredictable, with some projects experiencing price drop after launch.  To me I think pre-sale is used to benefit early investors at the expense of late investors, leading to potential losses.

Even the unsuspecting presale investors are sometimes not spared by the sudden market drop because only a small portion of their bought tokens are unlocked or distributed. When these things happen, there are always rumors that it's the founders dumping their tokens on everyone using a dummy wallet/address.

[Vx1]

Actually, it's the same as other programs like ICO and IDO in the past, it all depends on the project we buy. If it's good, then the price will likely increase many times when it's listed, and vice versa. So everything has a risk, and usually the high risk has a higher profit potential. So before entering the pre-sale, keep doing a good analysis.

[albon]

I have had several disappointing experience with pre-sale investment, with some not generating profits as expected. We all know how cryptocurrency can be unpredictable, with some projects experiencing price drop after launch.  To me I think pre-sale is used to benefit early investors at the expense of late investors, leading to potential losses.

Pre sale investments are risky so those who have less experience with crypto may end up losing money if they invest in pre sale. You are right that some projects experience price drops after launch. Some projects scam directly after launch so many people do not want to take this pre sale risk. Moreover, after 2018 the promotion of many scam projects increased, due to which people gradually moved away from pre sale investments. People earn good profits from new trends in crypto, but the duration of all these trends is short. So the pre sale trend ended long ago, but there are some crypto experts who are making profits by investing in the pre sale market.

[milewilda]

I have had several disappointing experience with pre-sale investment, with some not generating profits as expected. We all know how cryptocurrency can be unpredictable, with some projects experiencing price drop after launch.  To me I think pre-sale is used to benefit early investors at the expense of late investors, leading to potential losses.

Pre sale investments are risky so those who have less experience with crypto may end up losing money if they invest in pre sale. You are right that some projects experience price drops after launch. Some projects scam directly after launch so many people do not want to take this pre sale risk. Moreover, after 2018 the promotion of many scam projects increased, due to which people gradually moved away from pre sale investments. People earn good profits from new trends in crypto, but the duration of all these trends is short. So the pre sale trend ended long ago, but there are some crypto experts who are making profits by investing in the pre sale market.

If you are that wanting to join up on a presale just because you've seen the project is already that having the potential then it will be that up to your choice and just let those people do invest on what they do wanted to invest. Lets say that they have do their research and finding out that the project is that worth to invest on. Then its your call then it will be that up to you if you do made out some investment or not. Usually when doing up some investment on presales do have that needing to have some mix of luck when you do invest because what those projects looks good and having some potential is beaten up with those shit looking projects and thats why not all that good researched projects would be ended up successful but of course it will be that up to you on how you would be choosing up when dealing up with presales.

[Bobcrypto]

It's best to avoid buying any token during the presale, as most of them are loss-making. I participated in several, and most of them didn't make any profits, and some even made losses.

Most of the tokens I followed during the presale ended up being listed at a price lower than the presale price, or they dropped sharply after listing. The last time I bought a token during the presale, I suffered a significant loss, so I never participated again.

The days of presale has gone, anybody following presale on new projects token is taking a bigger risks of losing money. Like you mentioned, the worst for many of the successful presales projects was that they are listed below the presale price.
I have experience two presales tokens that were listed below presale price on an excuse that market forces will enhance the growth of the token price overtimes, unfortunately, these tokens never survive, they crashed and project team could add liquidity on the exchanges.

[enwi]

The days of presale has gone, anybody following presale on new projects token is taking a bigger risks of losing money. Like you mentioned, the worst for many of the successful presales projects was that they are listed below the presale price.
I have experience two presales tokens that were listed below presale price on an excuse that market forces will enhance the growth of the token price overtimes, unfortunately, these tokens never survive, they crashed and project team could add liquidity on the exchanges.

You are not alone and many people have gone through the same experience whenever engaging in token presales. As many will attest when a project is introduced in the market, the tendency is to anticipate more than what is actually available. As such, I believe that more emphasis should be placed on the project promises and tokenomics, as well as the form of adoption by the team of value after the launch. Still, numerous projects are just a blinded by the first enthusiasm in their implementation. Such an experience is rather unadmirable but I think that rast time it will help you be more selective when searching for a new project and may be, one day, to meet a really worthy project.

[albon]

Actually, it's the same as other programs like ICO and IDO in the past, it all depends on the project we buy. If it's good, then the price will likely increase many times when it's listed, and vice versa. So everything has a risk, and usually the high risk has a higher profit potential. So before entering the pre-sale, keep doing a good analysis.

Correct,
I have invested in pre sale of some projects which were really profitable. However, in the current market scenario people do not want to believe in ICO, pre sale because they have come across many scam projects here and have been cheated repeatedly. Everything in the crypto world has risks but the risk can be reduced only when you become a crypto expert. We all know that it is possible to get good profits from trading, but we still refrain from trading because it requires a lot of experience. We've all lost money more or less in our early crypto lives, so now is the best time to make a profit.

[Bobcrypto]

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.

Yes, it is obviously not the best idea or decision this days to invest on ICOs or IDO projects this days because it has become a total waste of time and money. The worst you are most are likely to get this days is a dump project after investing, project developers will list token below presale prices and they never continue with further development of the project, insincerety is just their characteristic.
In fact, I lost confidence in presale token, it has turned a punzi scheme in my opinion.

[Fivestar4everMVP]

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

I will advice you to simply forget about presales, they are no longer profitable, even if you find a very promising project, it's absolutely better to wait and buy when the token has been listed on the exchange than invest in the presales, and this is because 99 percent or more of the time, token price always goes down below their presale price immediately it gets listed on the exchange..

This I would say that it's as a result of many developers overrating and over pricing their token during presales, and most of this developers are more focused on raising money much more than they are interested in building an actual product that will give the token a good value..

Avoid presales, it's not profitable based on my own personal experiences, I've invested in several presales and not has been profitable..