Hello everyone, I'm kind of new in the crypto world, I thought you might give me more useful information about ICOs. I have seen around the web, "ICOs they have raised millions" but I'm not sure whether invest to one of them or not. Anyone have experience with ICOs? who invested before or to which ICO invest these days?
iCOS hahah A joke Anyone can create an ICO and make fake fairytale money... Over 1300 cryptocurrencies and counting each new day another ico touting how great their cryptocurrency is and that wonderful countdown to jump in on the craze..... Enter at your own risk!!
It is public venture capital in a computer science experiment in private money. Look for something that is better technically than bitcoin. The alt coins declined before the segwit fork of bitcoin was cancelled. The question is are they going to rally now?
The way to make money on cryptos now is to start one. Then you, as an insider, can get coins valued at $.0000000001. Then sell other people theirs at $.01. When your crypto is listed on an exchange, cash out. BIG PROFITS!!
in the old days, it was start your own bank. jim rogers goes one better he invests in banks in markets closed to foreigners.
then how do they raise that much money? I have seen some companies have working product than join to ico world so it shouldnt be something to afraid investing to ICO, right?
That's exactly how they are making money on those magical coins....ever see the team behind these ICOs, they make them sound so educated and genuis like, and the way they up sell the ico into the launch date of what it's going to do and how it differs from every other ico on the markets has me hilariously laughing....
It's called a bubble....in bubble times anyone and anything can raise money for worthless ideas, all you have to do is personally thank the fed for their trillions and trillions and trillions worth of free money into the system the last 9 years that has created these bubblicious times!!!
Just like anything else - X% legit and Y% scam. No reason to get an ICO particularly when you can buy the coins on an exchange after it ends. I do some ICO's - there are a few excellent projects out there with very high potential. There are a number of crap projects to take the money and run. Look for a product that is already making revenue or with a solid contract. Look for something that will use the coin to produce revenue. Walton Coin looks good. The openledger projects have a good shot. Cardano seems to be strong -at .03 it's got serious upside potential. Still not on the bigger sites - when it goes there, it will jump. It's high-risk, but the rewards can be 1000's of times the risk, so play, but limit capital input.
Well I'm checking some successful companies who start to join ico world so low risk of scam. I missed domraider but recently I found one https://icobench.com/ico/fluzfluz what do you think? they have already working product and they work with amazon, nike etc. looks like trustful. Its like amway of ico