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Board Altcoin Discussion
Re: best upcoming ICO
by
Hughcrypto
on 18/12/2017, 14:31:08 UTC
Prosume is the best. Look at the performance of Powerledger and this is a much better team and project.

prosume.io
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Board Altcoin Discussion
Re: Powerledger Massive Rally - Prosume Next One To Follow ?
by
Hughcrypto
on 15/12/2017, 12:17:02 UTC
Can't wait for Prosume to start their ICO, Powerledger will be a minimal thing in comparison. Just hoping they will close it before more than 10m USD has been invested.
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Board Altcoin Discussion
Re: Powerledger Massive Rally - Prosume Next One To Follow ?
by
Hughcrypto
on 28/11/2017, 13:59:47 UTC
Can't wait for everyone to chase Prosume ..
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Board Altcoin Discussion
Powerledger Massive Rally - Prosume Next One To Follow ?
by
Hughcrypto
on 27/11/2017, 21:49:43 UTC
The rally in POWR has made some people serious money.

As I have said many times - energy is where the future is both short and long term and Powerledger confirms this.

Whoever goes in big in Prosume has the chance of a lifetime - better team, better set up.
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Board Altcoin Discussion
Re: Energy Based Projects
by
Hughcrypto
on 27/11/2017, 21:43:14 UTC
Look at POWR and how those tokens moved. The large investors that will move into Prosume energy will make an absolute fortune.

Better team, better set up - Powerledger have a market cap of 240m USD currently.

Prosume Energy is the chance of a lifetime.
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Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
Hughcrypto
on 03/11/2017, 17:21:59 UTC
Participate in ICO always a risk but ı think people don't do enough research about ICO before investment. Of course all ICOs have not a potential.

That is one of my points - people get tricked into investing due to hype, and not because of underlying quality.
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Topic
Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
Hughcrypto
on 03/11/2017, 16:33:37 UTC
Not at all - my point is that the past is the past - when there were fewer ICOs in the original hype - some people THAT SOLD made some returns, but for every seller post ICO, there is a buyer ´- so altogether huge losses have been made. The earnings were "luck" since almost EVERYTHING rallied, since then at least 90% are and have been failing.

Even bad projects "back then" made some short term gains - NOW IT IS IMPERATIVE that people invest differently - hence my point is that people have to shun the rubbish and foget the hyped projects and change outlook.
I agree with you. But as I said earlier...you need losers to have winners.

"A sucker is born every minute." -- it is famous saying for a reason.  Had been, will always be...and there is nothing we can do about it.

BTW, I am a sucker too sometimes...I am human so not fool proof. Wink Cheesy

BTW - I only get upset because of having been a sucker in the past too many times !
It is the nature of the game.

Experience is the best teacher...just don't keep repeating same mistake Wink

Exactly.
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Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
Hughcrypto
on 03/11/2017, 16:27:45 UTC
Not at all - my point is that the past is the past - when there were fewer ICOs in the original hype - some people THAT SOLD made some returns, but for every seller post ICO, there is a buyer ´- so altogether huge losses have been made. The earnings were "luck" since almost EVERYTHING rallied, since then at least 90% are and have been failing.

Even bad projects "back then" made some short term gains - NOW IT IS IMPERATIVE that people invest differently - hence my point is that people have to shun the rubbish and foget the hyped projects and change outlook.
I agree with you. But as I said earlier...you need losers to have winners.

"A sucker is born every minute." -- it is famous saying for a reason.  Had been, will always be...and there is nothing we can do about it.

BTW, I am a sucker too sometimes...I am human so not fool proof. Wink Cheesy

BTW - I only get upset because of having been a sucker in the past too many times !
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Topic
Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
Hughcrypto
on 03/11/2017, 16:19:26 UTC
This board amazes me sometimes.

All the hyped ICOs are killing people - Bancor, Monaco etc and there is no self reflection.

People need to change the way they participate in projects.

All the rubbish needs to be shunned.

Sectors need to be chosen carefully, and projects thereafter.

REAL energy projects (i.e. NOT asset managers such as wepower, and NOT the pure solar/other renewable energy investment rubbish where crypto is just "added" to the process as a marketing tool) should be favoured, such as Grid+ and Prosume Energy.

Stop following people who have proven themselves useless.

You sound like all knowing.  CRYPTO in general is all speculation (yes even BTC).  It is a form of a gamble and very unpredictable.  In everything, there are winners and losers.  Not everyone can be winners...sorry but that is real life.

You claim Bancor and Monaco are bad coins...while I don't own both, I disagree with you.  You might end up eating your words a few months from now based on these two alone.

Good projects sometimes tank, bad projects sometimes become hits...it is what it is and if it is easy to predict, everyone will make the right call and NO ONE will make money as they do in crypto world.  It is a double edged sword...cuts both way.  You need losers to win.

I am not at all all knowing. Far from it.

However, as any investment form matures it moves from gambling to seriousness (or dies).

Clearly, most of the hyped ICOs do not have even a chance of making it since they have teams and set ups that are far from good.

Since there is maturation process going on, I want people to be aware of the change in the ICO landscape - and be aware of oversupplied tokens etc.

There are very few real projects out there, and yes they may fail as well, but considering the losses since the altcoin high a while back, people need to adapt.

That is my point.

Most of the major loss are due to the numerous BTC forks...not by any means the fault of ICOs.  Most coins suffered tremendously.

This time is a BAD if not THE WORST time frame to use as reference for a coin's performance.  Personally, I bought the biggest losers (out of what I believe are good coins).  Instead of bad mouthing them, I see the big dips as OPPORTUNITIES.  The eventual losers are the ones who panic and sold low.  They are ones who need to learn and adapt.  JMHO

BTW, for the record, I am a proponents of ICO regulation because I believe that 90%+ of current ICOs are scams.


My point is that looking at something like Monaco that went up 600% and found buyers at those levels - and it was assumed such moves were "normal" - they have been practically wiped out. That together with the ICOs that never really had a rally to start with. Clearly it was wrong for many ICOs to raise as much money as they did, and for some to rally as hard as they did.

Now with an even bigger amount of ICOs out there, the percentage of survivals will drop hard - and it is even more vital to choose the right ones.

And the hyped ones have caused the largest losses, by default.

And I completely agree about eventual regulation - right now one needs to choose more wisely oneself.

Aren't you contradicting your original post with this?   Huh

Not at all - my point is that the past is the past - when there were fewer ICOs in the original hype - some people THAT SOLD made some returns, but for every seller post ICO, there is a buyer ´- so altogether huge losses have been made. The earnings were "luck" since almost EVERYTHING rallied, since then at least 90% are and have been failing.

Even bad projects "back then" made some short term gains - NOW IT IS IMPERATIVE that people invest differently - hence my point is that people have to shun the rubbish and foget the hyped projects and change outlook.
Post
Topic
Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
Hughcrypto
on 03/11/2017, 16:12:56 UTC
BTW, for the record, I am a proponents of ICO regulation because I believe that 90%+ of current ICOs are scams.

If only 90% ICO is scam so 10% not a scam. If one of 20 ICO you choose to invest will make 20x in some month, you will make good money. So people invest in many different to find than one. It's a normal strategy.

[/quote]

Note that I said 90%+ (probably closer to 95%) but yes the strategy is to find that good 5% and make good money. Smiley
[/quote]

Yes it has been so far. I just think the earnings expectations will have to fall as the market matures. Question is if the amount of winners increases to compensate.
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Topic
Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
Hughcrypto
on 03/11/2017, 16:03:25 UTC
This board amazes me sometimes.

All the hyped ICOs are killing people - Bancor, Monaco etc and there is no self reflection.

People need to change the way they participate in projects.

All the rubbish needs to be shunned.

Sectors need to be chosen carefully, and projects thereafter.

REAL energy projects (i.e. NOT asset managers such as wepower, and NOT the pure solar/other renewable energy investment rubbish where crypto is just "added" to the process as a marketing tool) should be favoured, such as Grid+ and Prosume Energy.

Stop following people who have proven themselves useless.

You sound like all knowing.  CRYPTO in general is all speculation (yes even BTC).  It is a form of a gamble and very unpredictable.  In everything, there are winners and losers.  Not everyone can be winners...sorry but that is real life.

You claim Bancor and Monaco are bad coins...while I don't own both, I disagree with you.  You might end up eating your words a few months from now based on these two alone.

Good projects sometimes tank, bad projects sometimes become hits...it is what it is and if it is easy to predict, everyone will make the right call and NO ONE will make money as they do in crypto world.  It is a double edged sword...cuts both way.  You need losers to win.

I am not at all all knowing. Far from it.

However, as any investment form matures it moves from gambling to seriousness (or dies).

Clearly, most of the hyped ICOs do not have even a chance of making it since they have teams and set ups that are far from good.

Since there is maturation process going on, I want people to be aware of the change in the ICO landscape - and be aware of oversupplied tokens etc.

There are very few real projects out there, and yes they may fail as well, but considering the losses since the altcoin high a while back, people need to adapt.

That is my point.

Most of the major loss are due to the numerous BTC forks...not by any means the fault of ICOs.  Most coins suffered tremendously.

This time is a BAD if not THE WORST time frame to use as reference for a coin's performance.  Personally, I bought the biggest losers (out of what I believe are good coins).  Instead of bad mouthing them, I see the big dips as OPPORTUNITIES.  The eventual losers are the ones who panic and sold low.  They are ones who need to learn and adapt.  JMHO

BTW, for the record, I am a proponents of ICO regulation because I believe that 90%+ of current ICOs are scams.


My point is that looking at something like Monaco that went up 600% and found buyers at those levels - and it was assumed such moves were "normal" - they have been practically wiped out. That together with the ICOs that never really had a rally to start with. Clearly it was wrong for many ICOs to raise as much money as they did, and for some to rally as hard as they did.

Now with an even bigger amount of ICOs out there, the percentage of survivals will drop hard - and it is even more vital to choose the right ones.

And the hyped ones have caused the largest losses, by default.

And I completely agree about eventual regulation - right now one needs to choose more wisely oneself.
Post
Topic
Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
Hughcrypto
on 03/11/2017, 15:38:20 UTC
This board amazes me sometimes.

All the hyped ICOs are killing people - Bancor, Monaco etc and there is no self reflection.

People need to change the way they participate in projects.

All the rubbish needs to be shunned.

Sectors need to be chosen carefully, and projects thereafter.

REAL energy projects (i.e. NOT asset managers such as wepower, and NOT the pure solar/other renewable energy investment rubbish where crypto is just "added" to the process as a marketing tool) should be favoured, such as Grid+ and Prosume Energy.

Stop following people who have proven themselves useless.

You sound like all knowing.  CRYPTO in general is all speculation (yes even BTC).  It is a form of a gamble and very unpredictable.  In everything, there are winners and losers.  Not everyone can be winners...sorry but that is real life.

You claim Bancor and Monaco are bad coins...while I don't own both, I disagree with you.  You might end up eating your words a few months from now based on these two alone.

Good projects sometimes tank, bad projects sometimes become hits...it is what it is and if it is easy to predict, everyone will make the right call and NO ONE will make money as they do in crypto world.  It is a double edged sword...cuts both way.  You need losers to win.

I am not at all all knowing. Far from it.

However, as any investment form matures it moves from gambling to seriousness (or dies).

Clearly, most of the hyped ICOs do not have even a chance of making it since they have teams and set ups that are far from good.

Since there is maturation process going on, I want people to be aware of the change in the ICO landscape - and be aware of oversupplied tokens etc.

There are very few real projects out there, and yes they may fail as well, but considering the losses since the altcoin high a while back, people need to adapt.

That is my point.
Post
Topic
Board Altcoin Discussion
Re: Which ICO do you prefer for November?
by
Hughcrypto
on 03/11/2017, 14:06:52 UTC
Have a look at Prosume Energy.

http://prosume.io/

Unbelievable team and advisory backing (Ernst and Young / sovereign wealth funds).

Incredible idea
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Topic
Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
Hughcrypto
on 03/11/2017, 14:01:57 UTC
Participate in ICO is risky. many projects are closed. By experience the best time to participate in the summer ICO. It is also better to use insider information Cool

There is no right or wrong time to invest in an ICO, you just have to pick the right project regardless of when you choose to invest.
Most people don't really have insider information, so it's silly to give that as advice.

Instead people should focus on doing research about the team, technical aspects of the ICO and what kind of work has already gone into the project.

You are absolutely right.

Sadly, that is not what is being done.
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Topic
Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
Hughcrypto
on 03/11/2017, 13:52:15 UTC
This board amazes me sometimes.

All the hyped ICOs are killing people - Bancor, Monaco etc and there is no self reflection.

People need to change the way they participate in projects.

All the rubbish needs to be shunned.

Sectors need to be chosen carefully, and projects thereafter.

REAL energy projects (i.e. NOT asset managers such as wepower, and NOT the pure solar/other renewable energy investment rubbish where crypto is just "added" to the process as a marketing tool) should be favoured, such as Grid+ and Prosume Energy.

Stop following people who have proven themselves useless.

i tell you why,

you actually dont lose money you lose capital, money these days means a lot.

because the investors have increasingly no choice, they will lose much more if they dont invest.

nation state bankers have to constantly invest and give money or economic structure will collapse and destroy because people that have trusted the economic system made an apperenticeship demand regular contracts.

people that left nation state economics and engage in cryptoeconomics have to speculate to get economic gains, since they have no idea how to build and run a company, because they have no idea about legal framworks and technical know how.

so they are then tapped int he principal agent dilema,

you dont have to start a principal agent science profession now, you can simply use the old existing one.

or you look for a professional investment company, that does the professional thinking for you.

but that costs.

regards

Even f that were the case - there should still be the incentive to look beyond hype that has proven to be negative in the longer run, and focus on the few real projects such as Prosume.

I just do not like seeing people being ripped off all the time.
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Topic
Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
Hughcrypto
on 03/11/2017, 13:46:09 UTC
because it is easy for you to say they are "wrong" ICOs now that they are over and their fate is clear to everyone. but by the time they are hyping things up, every one of them are super active and show themselves as the best and most active team in the whole world.

besides investing in ICOs are all the same, and it is like gambling. none of them really do anything. the criteria you mentioned are pointless too. none of those ICOs do anything either, they are just more profitable because the bets people made were more lucky, nothing more.

My point is that people need to change the way they view "hype" - because I believe it is the opposite of good.

A real project does not hype itself like a cheap streetworker.

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Topic
Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
Hughcrypto
on 03/11/2017, 13:36:28 UTC
ICO's need to start asking for the real value they need, projects asking for 40M when they only needed 1M at most is the biggest problem, if they deliver the token value will fly so the tokens they still own will too, that way the risk/reward is better divided between investors and ICO makers.
In case they raise 40M even if the token goes to 0 its a big win.
We need more honest ICO like confido.

I do not disagree - a large size does not have to be detrimental if the business plan backs it - decentralised energy and associated projects globally could easily swallow 2bn USD.

However, most could survive on much much smaller which then kills the holders.

What is even worse in my eyes though are the ICOs that issue tokens to themselves IRRESPECTIVE of size raised. That is a clear scam. To make clear what I mean - 1m tokens raised - 100m tokens to the team, or 100m tokens raised - 100m tokens to the team.
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Topic
Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
Hughcrypto
on 03/11/2017, 13:21:33 UTC
REAL energy projects (i.e. NOT asset managers such as wepower, and NOT the pure solar/other renewable energy investment rubbish where crypto is just "added" to the process as a marketing tool) should be favoured, such as Grid+ and Prosume Energy.

What in your opinion is the difference between Grid+ and SunContract, for instance? Aren't both promoting exchange of surplus energy through crypto assets?

Well first of all a project needs to go beyond the pure exchange of "surplus" - it has to be part of a decentralisation as well as deregulationary "revolution" if you will.

SunContract does not have anything close to the professionalism or contacts or regional spread as a professional project such as Prosume Energy - of course the underlying idea is ok.

But in order for there to be amazing upside potential the team has to be top notch (Prosume has amazing blockchain and energy experts and advisors from Ernst and Young as well as sovereign wealth funds !) and is based Europe wide for a global eventual roll out.

Not comparable. Being in the right sector and even having the right idea is not enough ingredients for success.
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Topic
Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
Hughcrypto
on 03/11/2017, 13:15:43 UTC
Define wrong ICOs? this actually leads to a good and most appropriate investment. But there will always back to investor, we cannot judge wrong when others maybe say true. And like kryptqnick say people invest is not for losing money. So they must be do their own research before investing.

Defingin a "wrong" ICO is of course impossible, I did not mean it so bluntly.

It is the way so many people talk about whatever has managed to spend money on creating a fake hype - and that is then followed by disappointment down the line.

In my eyes the market has changed - before a large chunk of ICOs were short term positive because everything was hyped.

Now, the research has to go beyond the immediate ICO listing "pop" - the easy money is gone.

But I truly believe among all the rubbish there are real projects such as Prosume Energy and Grid+.
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Topic
Board Altcoin Discussion
Re: Why do most people invest in wrong ICOs to lose money ?
by
Hughcrypto
on 03/11/2017, 13:06:08 UTC
This board amazes me sometimes.

All the hyped ICOs are killing people - Bancor, Monaco etc and there is no self reflection.

People need to change the way they participate in projects.

All the rubbish needs to be shunned.

Sectors need to be chosen carefully, and projects thereafter.

REAL energy projects (i.e. NOT asset managers such as wepower, and NOT the pure solar/other renewable energy investment rubbish where crypto is just "added" to the process as a marketing tool) should be favoured, such as Grid+ and Prosume Energy.

Stop following people who have proven themselves useless.
You put it in the name of the thread as if people actually invested to lose money. This is surely wrong. It is just rather hard to define what is going to be a good investment. I bought blackmoon for about 70 cents and now it's under 50. The project was interesting, team is legit and marketing was amazing. What has gone wrong? No idea. Electroneum also has a team full of enthusiasts and the idea of their project is truly innovative and attractive. Yet from the time coin was released the price has only been going down. Why is this happening? Hard to say. It's not as easy as you put it anyway.

Please do not misunderstand me - absolutely it is not easy at all, but when I see what kind of projects are achieving some kind of manufactured hype and then loads of investors it is rather sad.

That people do not gravitate towards quality instead of hype is a deciding phenomena.