Post
Topic
Board Altcoin Discussion
ICOs cost you money.
by
Mrrr
on 15/08/2018, 00:01:25 UTC
These are the facts of what happens to your money if you "invest" it into an ICO at the moment:

https://icorating.com/report/ico-market-research-q2-2018/

-55% return on average on q2 ICOs.

Best part of course is that these disruptive novelty unicorns of start ups you just invested in will at some point dump your recently invested ETH/BTC onto the market because they need to pay for hip start up offices, organic Italian espresso machines and a lease Tesla for everyone involved.

So you get f*cked twice. First they sell you a worthless token and then they dump on you, devaluating whatever you have left.