I wish the volume was high enough for kraken to do margin on ICN that would seriously make me retire...
No stress, everyone who holds more than 10,000 ICO will be able to retire in 2018...
That would be nice.
For ICNX is it going to be tradable like any other token? Therefore will be pumping and dumping or do you litterally buy it and see profit coming back? I cant get a clear understanding of this.
In theory, it should work just like an ETF (Exchange Traded Fund). https://www.youtube.com/watch?v=fT7h-TxAUvI
The real benefit though is you don't have to worry about securing 12 different wallets and having to rebalance your positions every few weeks. It is all done for you. I would much rather own ICNX, compared to having 12 different cryptos on exchange that can get stolen or hacked. I also don't have time to manage 12 different wallets and the private keys and keeping track of everything I own.
The cherry on top is each time some one buys or sells ICNX on Iconomi website, 1% fee is charged and paid to ICN holders every week. On top of that, 3% annual fee is charged for account maintenance and is paid to ICN holders as well.
Personally, majority of my bag will be loaded with ICN, but will also have small amount of ICNX to keep me entertained while dividends is rolling in
