Re: Why do most people invest in wrong ICOs to lose money ?
Not at all - my point is that the past is the past - when there were fewer ICOs in the original hype - some people THAT SOLD made some returns, but for every seller post ICO, there is a buyer ´- so altogether huge losses have been made. The earnings were "luck" since almost EVERYTHING rallied, since then at least 90% are and have been failing.
Even bad projects "back then" made some short term gains - NOW IT IS IMPERATIVE that people invest differently - hence my point is that people have to shun the rubbish and foget the hyped projects and change outlook.
I agree with you. But as I said earlier...you need losers to have winners. Even bad projects "back then" made some short term gains - NOW IT IS IMPERATIVE that people invest differently - hence my point is that people have to shun the rubbish and foget the hyped projects and change outlook.
"A sucker is born every minute." -- it is famous saying for a reason. Had been, will always be...and there is nothing we can do about it.
BTW, I am a sucker too sometimes...I am human so not fool proof.
BTW - I only get upset because of having been a sucker in the past too many times !