Post
Topic
Board Altcoin Discussion
Re: What is ICO ?
by
ICOcountdown.com
on 25/04/2016, 22:27:10 UTC
Oh ok, but how can we make profit with ICOs ?
Because i found your website and i was wondering if i should invest on coins before the opening of there ICOs or before the end of there ICOs

You should not give developers money before the ICO opens, you will get scammed. Make sure you always use an escrow service or the ICO is using some sort of Escrow, there are a few exceptions where it is ok not to use an escrow but generally no escrow is a redflag.

The free market dictates the price, the ICO after it is released on the free market can go up or it can go down(when it's listed on exchanges). You have to use your own judgement as to whether it will go up or go down to make profits just like traditional trading on every market.

You have to look at the ICO terms and do mathematical calculations also, for example WAVES offered a 20% bonus the first day. You have to make sure you do research.

Also thanks for using my website Smiley