Post
Topic
Board Tokens (Altcoins)
Re: 🌟🌟🚀 [ANN] CRYPTOFLIX 🌟🌟🚀 Watch Movies. Fund Films. Get Cryptos. Repeat.
by
sge99
on 27/03/2018, 16:12:45 UTC
What if the market does not get better during may and june 15 ? Still go on with the ico or postpone to another date ?

Delays are bad for investor confidence imho

At the current state everything is bad for investors. People are still afraid and I am not sure if they would get more if they would have sticked to the plan.
Investors that are new to altcoin is surely afraid to invest since bitcoin went down more than they expected, but with the up and down trend  professional trader is making big bucks our of it, timing and good presentation is a must in ICO.

Yeah, but I'm also thinking on behalf of the project, not the (professional) trader

I don't really think there are a lot of professional traders in crypto just yet. And amateur investors are being cautious. We will of course see how the market will behave, but a little postponement for now won't hurt, imo.

IF BTC stabilizes and finds its bottom, confidence in the market will slowly return and that will be better for any ICO.

The problem is we don't know its bottom and we never know when it reaches it.

Tough time for icos and crypto enthusiasts.

Sure, it's a tough time for ICOs right now. After this insane bull run in the end of 2017, people now see that it can go in the other direction nearly with the same speed. So they are  only hesitantly willing to invest new money. However, other projects have proven that, despite the whole situation, it's still possible for a good, innovative project to reach a great amount of money. That's why I am confident with the Cryptoflix ICO. I am sure it will do fine.

I think so too! Now investors are more selective and many mediocre projects won't collect much money but really good, solid projects still can raise a good amount of money.