News headline says "76% of This Years ICOs Are Already Under Water" and most of these are ICOs launched at the first quarter of this year.
If youre going to invest in an ICO, then, the message is clear: be selective, choose blockchain projects over anything else and make sure you get into the pre-sale. Otherwise, youll be wasting your time and your ethereum.
Watch out folks!
https://news.bitcoin.com/76-of-this-years-icos-are-already-under-water/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications
High percentage indeed are bad this year which might be affected by the downtrend. I do think that market downfall this year plays a huge factor for the negative outcome of many ico projects. Some are still succeeding but the market price are falling below ICO price upon the market listing which simply means that ICO investors are losing profit from doing so. That is why we should be patient to wait for changes to occur in the market.If youre going to invest in an ICO, then, the message is clear: be selective, choose blockchain projects over anything else and make sure you get into the pre-sale. Otherwise, youll be wasting your time and your ethereum.
Watch out folks!
https://news.bitcoin.com/76-of-this-years-icos-are-already-under-water/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications