There's a lot of people that thinks all ICO's are scams, like Ponzis, nigerian prince and others examples...
People are buying "nothing" for a estabilished price
What's your point of view about it?
People are buying "nothing" for a estabilished price
What's your point of view about it?
Imo this is true.
You just have to take a look on the past ICOs. The ones who have benefit are the founders and whales who supported that project for a nice ROI!The majority always will lose!
This is the reason why I never invested in such ICOs.Hidden arrangements, premining, pump & dump groups etc...
I actually made out very very nicely as an outsider on several ICO's.
ETH and Lisk are two examples.
Guys dont freak out! ICO are high risk investments, so if the first stages seems legit for you, go in , dump at x2 or if you got balls wait lil more where it goes, dump and leave, when the price stabilaze you can re-enter..
If any ICO was to be a successor all we will be reach by now!
If the project is strong you can wait for more, like 5x, 10x in a long term...
Or buy from a lot different ICO's and for sure it will be profitable.