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Showing 3 of 3 results by Gandi
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Board Altcoin Discussion
Re: The era of easy money IPO's over?
by
Gandi
on 25/09/2014, 17:39:59 UTC
Quote from: gentlemand on September 25, 2014, 05:30:46 PM
Much of the present IPO crop is setting themselves up for a fall. They're asking far too much money for something that starts off as vapour.

NEM, Node and plenty of other examples showed how it should be done. Ground up is a healthier way to roll.


I don't see NODE as a success. It's floundering pretty low down the Coinmarketcap list for a second generation coin.

I wonder if NEM will also be a dumpfest.
Post
Topic
Board Altcoin Discussion
Re: The era of easy money IPO's over?
by
Gandi
on 25/09/2014, 17:27:10 UTC
Quote from: fakeshadow on September 25, 2014, 05:14:11 PM
Quote from: Gandi on September 25, 2014, 05:07:16 PM
I invested in a couple of IPO's in the last month and both have lost me money. Wondering if this era of making money in IPO's is over. Either they are crap and no one invests or lots of people invest and their is a rush for exists as soon as it hits an exchange.

because most of them are scams.
the scammers used to take money and run.but now they get their coins listed on exchanges,bought themselves and dump all.


It's seems like the position to take these days is not invest in the IPO and buy after the first dump. I've had some limited success doing just that recently.
Post
Topic
Board Altcoin Discussion
Topic OP
The era of easy money IPO's over?
by
Gandi
on 25/09/2014, 17:07:16 UTC
I invested in a couple of IPO's in the last month and both have lost me money. Wondering if this era of making money in IPO's is over. Either they are crap and no one invests or lots of people invest and their is a rush for exists as soon as it hits an exchange.