Hi Guys,
So I am studying ICOs now and then and I was wondering how some of the ICOs managed to fully fund their hard cap so fast.
I read this article which I think you should read. See the link here:
Please let me know your thoughts.
Why fake an ICO if you have secured your funding anyway through "whale investors"? They just waist our time analyzing the ICO and when you want to invest they are fully funded before you can invest.
Thanks Waseem for writing an article which is straight to the point.
actually almost all ICO are gambling.. could be a fraud or could be a gem of 100x ... do you have some good ico to suggest?
I do @sinner. I will tell you when my whitepaper is ready :)
Wow thank you so much, will wait this project! Always following you, thanks for the help!
Agreed. Sometimes even the better written and more polished websites for ICOs are the scam ones out there. Always be careful in the crypto world!
Some of the ico's admin are Hungary chicken,looking to pulled of the community hard earned cash, so only few icos can be trusted
https://sphere.social/?ref_code=nixa37wa9acj
Estoy apostando a esta ICO despues de analizar varias es la mejor para mi
....
It's really interesting but the question is how we recognise either the ICO good or bad I am really waiting to your suggestion .
There are many factors that make an ICO good or bad. I think you have given me an idea for my next post :)
OK I am waiting for your next post.thanks
I would think their reasoning is that by getting more people to look at the project, they can get a bigger community interested in their token, who can then spread awareness, consider developing on it, and create a group eager to buy once it does hit exchanges.
So why not take the following approach: Hi Guys we have raised many millions from whale investors, please check our whitepaper. We are hitting the exchanges then and then, this is your first opportunity to buy our coins. Isn't this more transparant and honest?
It's their marketing strategy, making hype of their project so that their investors feel at ease... They just use people for their own benefits and convenience.
To differentiate between a good and bad ICO is to first see their projects proof of work, what they have in the back end to support it etc. Anyone can make whitepaper on Microsoft Word, that doesn't prove anything that they will do it. The team behind the project and their credibility is also important.
Well said Naumanwali
Very interesting article.
ICO are crazy and amazing at the same time.
Totally agree @berlinfood.
i don't bother anymore to check ICO's i prefer they jump the market and see how it goes, is never later to join a train once you know it destination.
Yes, that is also a strategy. However, risk reward comes into play. The more uncertainty the lower the price and the higher the reward - theoretically.
Sometimes i cant help but to wonder as well. How these ICO's gets funded, by who and who and how come some of them disappear when newbies comes in to invest or must have invested. A research, although not quit deep has been able to give me a slight convinction that the hands of some potential and influencial people are in it. I don't want to narrow the funding of most ICO's down to whales but i know for sure that somewhere somehow, these things are made possible by possible people. I doubt if i could ever think of investing in ICO's anyway, although i never can tell for now what could be my fate, should i have the financial capacity to do that
Thanks for your post.
İf ICO get high value when enter the market I find investing dangereous and risky sometimes.
For sure it is risky and dangerous. Please conduct a proper due diligence.
sure. we can reduce the risk of investment by differant ways. thank you
I do not know much about ıco. but I will read the article. Many thanks for the information. @abajnath
Hi Ayshetyh, Thanks for your comment please let me know what you think of the article.
I think it's a game like gambling. do you have your tips for this game? @abajnath
Be careful and if you invest do a thorough due diligence.
I am fortunate that I have come across your post. Your post is amazingly correct thought behind it. Thanks for sharing.
thank you @zakir.quetta
You are welcome sir.
Is there any risk to investing in ICO. I hear that 60 to 70% risk. can you tell me briefly.
There are many risks involved. The key with investing in ICO's is to minimize the risk by doing research.
You firstly search the owner of project and looked roadmap.
There it starts Burcindemir
I use the method I wrote above. Many of them can be fake. I need to investigate to be careful.
This is a really interesting question. I think Ico is playing gambling. It's very dangerous and unreliable. whale investors make it difficult. Many people are victims.
I use the following approach. I am investigating and researching the ICO's to eliminate or minimize the gambling factor.
Truly said.
Though some people might not see what crypto has come to do the world of blockchain. The wall street will definately give them no choice than to want to join the lead and stop the fear
Thanks.
informative post...reesteem done💜💜 sir
Thanks for resteming!
Many ICOs are good, but before coming to the ICO, people come out of scams and condemn them, as in India, Jio was discussing ICO, that people would have taken the place of this scandal because it would be disappointing.
Hi Anandjadhao, how is the ico market in India?
Useful information for me and everyone. you are the best
Thanks @azmirdolar
Great findout...
Thanks.
Cant say anything about ICO as many people say that it is fake where as some says it is real ... Confuse
I think the key is finding the right ICO's to invest in.
Estoy de acuerdo contigo, he ganado en varias ICO y las que he encontrado fraudulentas tienen unas caracteristicas comunes hacer una buena revision antes de invertir es muy importante
thanks for sharing information.
Your welcome.
Nice article ...
Thanks for sharing
Thanks for your feedback.
It's really interesting. Good work. I am waiting for your next post.
Thanks.
ICO's are shady business most of the time.
I am yet to invest in an ICO myself for that reason.
thanks for sharing.
nobody knows what to show
Very interesting dear thanks for sharing it
Thanks.
Thanks for the information. Have a nice day
Thanks @mirzaa you have a nice day also :)
upvoted, vote me too please: https://steemit.com/ico/@rsrestinga/ico-telegramtokens-be-part-of-it
What about Bitconnect x ico ?
Spam or not ?
how to identify good or bad ICO
Sound great. Hi @abajnath. I am Yelli from Indonesia. Nice to read your post.
Since i join the ICO World , i got profits in some and i got scammed in some ! its a very big risky world ! but it's good because you will have the chance to the MOON
For the moment there is a new program that it just starts , but this time Staking or Lending , you choose !
Here my affiliate link : http://thorncoin.com/ref/5qwliuob221gblva
The coins all sold ! the internal exchange will open within 15 FEB
I already join the ico and bought some !
Everything working good for the moment !
Join maybe it's a chance ?
Thank you
Here my affiliate link : http://thorncoin.com/ref/5qwliuob221gblva
ICOs are more and more open for non-believers of the future of blockchain. they invest in and out just to make money fast.
Biggest part of investing in ICO's is the research. Really take a look at the team and their past performances!
I really really don't like ICO's. I recently got into a new brand new Altcoin created by people who were involved in other coins that were fed up with the unregulated practice and how the main owners of the coins just slip away with the money. Details in my first article plus giving away some of my own coins:
https://steemit.com/cryptocurrency/@spammy/my-first-cryptocoin-plus-free-coin-giveaway