Post
Topic
Board Trading Discussion
Re: The Fate of ICOs.
by
guoyu78
on 30/12/2018, 05:03:17 UTC
As you all know that 90% of ICOs this year was a totally loss. most of all the tokens that hit the market are trading below price. some of catastrophic. some are trading below 90% to 95% of their list price. Majority of ICOs this days have has decided to run token sales on Exchanges. as the year comes to an End, Could there be another means of raising fund for tokens come 2019.?
Every token in the market is down  and I’m not surprised about that because we are currently in bear market, so you shouldn’t be expecting them to be high in price. This is really going to take a long time before another bull run occurs. There are people who are even believing that the market won’t recover from this fall. Maybe the best thing you can do now is to trade those tokens.

I would not advise now to invest their money in any projects because the price on the market today is much lower than the projects collect themselves to work.
Yes, staying away from ICO must be the right advice as of now. Still, I will not agree with the statement of market is down and that is the reason why projects are not performing well. I had seen some projects have performed well even in the negative work. So, blaming the trend of crypto currency is not a right approach for the failures of ICOs.