Post
Topic
Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
leea-1334
on 03/11/2017, 10:11:21 UTC
This board amazes me sometimes.

All the hyped ICOs are killing people - Bancor, Monaco etc and there is no self reflection.

People need to change the way they participate in projects.

All the rubbish needs to be shunned.

Sectors need to be chosen carefully, and projects thereafter.

REAL energy projects (i.e. NOT asset managers such as wepower, and NOT the pure solar/other renewable energy investment rubbish where crypto is just "added" to the process as a marketing tool) should be favoured, such as Grid+ and Prosume Energy.

Stop following people who have proven themselves useless.

You are not the first to bring this up and you will not be the last. The problem is many fold. The masses who are buying into all these hyped ICOs know very little about crypto or blockchain. But how can you be upset with them when even the teams behind the big ICO projects themselves know so little about crypto, apart from one or two developers on their team?

ICOs must be recognized as a good tool. But like any tool they can be misused.

The basic fundamentals of investments need to be learnt first!