Post
Topic
Board Altcoin Discussion
Re: Investing in ICOs - is it still worth a short term investment?
by
askmecrypto
on 17/06/2018, 17:49:49 UTC
There is no doubt that something changed in the cryptomarket, and the ICO aren't a source of quick profits anymore. Last year, whoever invested in ICO even not of the best quality, would see hundreds of percent of profits in a couple of months. I admit, I invested in 3 ICO at the beginning of this year, the projects I believed in, and right now I am in huge losses on those investments. Is it only because of the bad bearish market, or the terms changed? What do you think? Undecided Huh

Last year was ICO boom and it was treated as a safe investment to double your profits, however, for the same reason, ICO started a downward path, people started becoming more greedy, they are raising funds via ICO 3 times the fund they require by doing private sales and high valuation to advisors, this in turn became a very bad investment for common man as they get NO to negligible bonus and hence when listed, the people who had high bonuses started dumping on public.

Token metrics, lock period and other factors are also very bad compared to ICOs which were last year. Its a downfall, however few ICOs were really good this year as well, namely Quarkchain, VEN, etc..