Post
Topic
Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
1kings
on 03/11/2017, 22:52:00 UTC
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.

"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. Wink Cheesy

BTW - I only get upset because of having been a sucker in the past too many times !
It is the nature of the game.

Experience is the best teacher...just don't keep repeating same mistake Wink

experience is a teacher but not the best one

regards
sometimes, the whitepaper and their pages pull wools over investors' eyes (wannabes actually) and they fall for the wrong ones.

As you said, experience is the best teacher but the lessons are often expensive.