Post
Topic
Board Altcoin Discussion
Re: 56% of ICOs fail and it's OK
by
Freezingel
on 21/03/2018, 07:35:22 UTC
According to recent recearch, 56% of 2017 ICOs fail. And you know what? That's OK. 90% of startups fail but the rest grow so high that they compensate venture investors 90% loss and provide very high profits.

So the basic rules with ICOs are very simple:
1. Do the research before you invest
2. Diversify, diversify, diversify
3. Ignore news and HODL
That number is lower than i expected and it's interesting to see what criteria they used to claim that the ico fail or not, below ico price or something else. I agree that we have to do some research before putting our money into some icos and it's not recommended to go all in on something. But i also think that we also have to read news to position ourself and can prevent loss because of some bad news.