Quote from: ShowOff on February 01, 2019, 03:27:53 AM

Quote from: South Park on January 31, 2019, 09:05:27 PM

Quote from: PHDJarrod12 on January 31, 2019, 07:48:19 PM

There's way to many ICO's that are literally trash. Idk how people invest in some of these projects. It's honestly a joke... The Bittorrent ICO would have been a good one to invest in just because of the hype behind it. If the token goes to $0 in a few months it would still be worth it because people are tripling their investment within a few days (probably not worth buying right now, but do your own research). Those type of ICO's are 1 in 1,000,000. The majority of the ICO's people are investing in are pure garbage. They have no utilitarian uses and they have weak fan-bases. I can't comprehend why people don't wait until POST ICO release, THEN analyze the platform and decide whether or not to invest. Doesn't this sound like the best logical solution? Sometimes even quality ICO's dump and you can pick some up for pennies on the dollar "fire sale".

This was a quality ICO, don't believe me? Look at the chart, strong buy action with low sell pressure and you could have picked some up for dirt cheap and doubled your money within days - https://nauticus.exchange/exchange/BTCAUD

They are investing in those garbage icos because they are trying to do what you are describing, they are not interested in the project behind it, the only thing they care is about the possibility of getting profits and about the hype that a coin has and nothing more, the developers of icos have realized that and they understand that they do not really need to create anything to make millions of dollars, the only thing they need to do is to create a marketing campaign and to get people excited about what they are doing and as long as people keep investing in those kind of projects we are still going to have the same problems with icos.

True investor must know when to get out from a project with profit. Especially if we can see some project not really good for long term. Maybe this hype trend still be something that make that investors happy.

So what is the possible alternative thing to do if they stop the ICO? Crypto project need to find first some funds to prolong and develop it's vision and mission through time pass by.