Post
Topic
Board Altcoin Discussion
Re: Be aware of the new exchange's IEO!
by
JuanPaulo
on 31/03/2019, 21:17:44 UTC
So, IEO is the recent trending topic in the crypto industry! People are very excited about IEOs, because, after a long time, IEO investors made a huge profit from it! But there is a problem too. By seeing the big hype and success of Binance IEO, many new exchanges are coming with their IEO sale! Therefore many low-grade exchanges are bringing IEO sale either! Do you think all those IEOs are worthy to invest? Hell no! Don't fall in the scam, don't be greedy! Most of the new exchange, low exchanges offerings IEO is nothing but a pure scam, they failed to raise money from the ICO sale, so they come in IEO to scam people again who don't like to read and research!



It all depends on the level of the exchange. If the exchange is in the top 20 of the list of exchanges, then I consider it possible to enter the first IEO without fear, the exchange will try to pump the price of new tokens to attract investors to their next IEO. After all, if there is a price drop, then no one will go to the following projects on this exchange.