Post
Topic
Board Altcoin Discussion
Re: I will start investing in ICO if
by
Koobtcgal
on 29/01/2019, 18:44:48 UTC
I will start investing in ICOs if
1) they can afford funds on there own to run there projects and stop relying on softcaps and hardcaps(investors money) which is why its the perfect haven for scammers ,you want to create a project that is very promising and you don't have the funds just move on ,no matter how good the project is if the hardcap is not achieved its goodbye

2)the waiting game is annoying ,if they follow my 1st idea there won't be anything holding them back especially bounty rewards ,nowadays you have to wait months for ICO to end and keep praying it become successful so as to get your rewards and the term successful from any ICO is from 'achievement of hardcaps ' this days not what the project is here to deliver ,there are still good projects out there that never launch ICO and they are doing better

What I have come to realize is that bounty managers have become more greedy than any person in the cryptospace. They are the very people that advise the devs to wait for months, reduce the bounty pool and many others. A typical example is Dominium that changed to maxcrowdfund. The bounty manager advised the founders to reduce the bounty pool just because the bounty hunters will dump the price. Why will he do that? This is because his pool isn't reduced and by so doing, the bounty hunters get few tokens and he gets a better profit from it.
Let's not blame the founders only because the BMs are the cause of all these that are happening. I have stopped investing in ICOs of late because they don't d what they say and I don't want to lose the little money that I have. For the past 6 months, all ICOs that list on an exchange sell below ICO price so no need to buy in ICO time.