Post
Topic
Board Altcoin Discussion
Re: Should I continue to invest?
by
fearcoka
on 29/07/2018, 15:32:34 UTC
I had invested one ICO previously, it failed although I didn't contribute a huge amount on it. A news yesterday made analysis on blockchain ICO projects, mentioning 92% of these ICO projects are failed.. Should I stop investing the others or any really potential ICO suggest?

From what source did you get such statistics? Is it reliable?

Better to do your own research to understand is it safe and profitable to invest in this particular ICO or no.
Although I don't think the total legal ICO projects failed up to 92%. However, I'm sure more than 50% of ICO projects failed after the call for investment, or others usually call it's the crowd sale time ended. The fact, almost the ICO projects create ICO while they usually don't have result from old work or the idea they are wanting to develop and grow more. This is the main of reason to make ICO become a place for speculator and make ICO market be worse.