Post
Topic
Board Altcoin Discussion
Re: Why do you participate in crowdfunding?
by
OluwaTosin10
on 01/02/2019, 06:33:57 UTC
The main idea of crowdfunding is for investors to pull their monies together to support the launching of a project. Unfortunately people join ICOs as traders not investors so the moment the coin is being listed, they quickly dump them without even waiting for the project to launch any of their products, destroying the price of the coin. Now these same people will come and create a thread here that ICOs are dead. In fact crypto is not dead, we are actually killing it.

Is your main idea to support the project or just to make profit from the bonuses and go your way?

Every investors join a crowd sale for the sole purpose of making profits
Some investors prefer to wait on the long term profit by not dumping on exchange
While short term investors dump upon listing of token

But, if it is a good project with working product, it will increase higher in price, no matter the level of dump