Post
Topic
Board Altcoin Discussion
Re: BEWARE OF IEO
by
Simple_Plan
on 05/04/2019, 17:12:01 UTC
so what different about another like BNB or ZIL even ETH.
did u think people is too stupid buying these coin more than 10x ico price ?
my opinion, its doesn't matter if we still get a profit,even if just 1-10%,at least we got profit.

The OP's post is long but his words of wisdom lies on the last sentence:
My candid advice,if you can't get it at IEO,don't be fool to buy at a ridiculous price the moment is listed. The rich are getting richer,don't be trapped.All the best.

I thinks he's right. When IEO tokens get listed, their prices are pumped high by investor's hype and exchanges' people. And as a saying that I heard somwhere, goes: "Don't chase a running train", it's super risky to buy tokens when it's pumping.

But like you said, you can buy at listing time, as long as you get profit. High risk - high return, right?