Post
Topic
Board Economics
Re: Why I am quitting ICO's
by
blueangel01
on 14/02/2018, 18:20:12 UTC
About ICOs,

I will take caution on the ICO myself. I think the opportunity to invest on new project is when they reach the exchange. I plan to buy ETH and hold it until the ratio of the ICO that i want is cheaper. When the ICO reached the exchange it removes a lot of risk of: scam like the other ICO you do not even see in the crytomarketcap; or the contract address being hacked like CDT; or project not being released like Tezos. It also removes the speculation and hype of the the project when it is tested in the market.

The fact that almost all of the ICO does not have a working project or it is still in alpha, most investors who bought on the ICO will sell it early, weather for instant profit or FUD.