Quote from: Chukwunonso on November 25, 2019, 07:16:48 AM

Quote from: Mealea on November 22, 2019, 05:11:21 PM

A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.

Decentralized Exchange are out to make profit and that explains why several measures are devices to rip off the investing public. The projects are not left out in their ploy as several projects have been made to pay exorbitantly to host their tokensale only to be deceived with figures when actually investors were not purchasing the tokens. I personally won't advise anyone to invest on IEO when you can get it much more cheaper after the IEO sale.

It doesn't always happen that way.If we are talking about holding an IEO on a major exchange as a binance or kucoin then almost always the price after the IEO is much higher.