Me and my team building a new Altcoin. The first Egyptian altcoin. So we didn't want to start it with an ICO. Is it normal to start a coin without an ico and if yes what is the effect of that
If you already have a working network, wallets and other infrastructure that you can use without too much waiting, then you can do it without ico.
Bitcoin capitalization is directly proportional to the square of the number of active users. To become popular, you need to be in the hands of as many people as possible!!