I am a super noob when it comes to blockchain technology. I often see people are investing in Tokens & ICOs. I have no idea what are tokens & ICOs. But, I do understand that they hold value in money. and if purchased ahead of time you can make a huge profit after many years same as bitcoin has does for millions. Recently, I stumble upon this ongoing pre-sale of tokens for UTRUST. I don't know much about the company but the tokens price was $0.0065/each. I invested in UTRUST and bought 1000 tokens. It cost me about $65.
Now my main question - Did I make the right decision by investing in UTRUST in terms of making profit?
Bunch of thanks in advance.
Now my main question - Did I make the right decision by investing in UTRUST in terms of making profit?
Bunch of thanks in advance.
I'm not a investor of UTrust by I have heard a lot of good news about this ICO and it looks like its really a good investment if you are going to ask me. However, like any investments there are risk involved so its really up to you how to mitigate that risk. Some get out really if they have already reached their exit goals. So just an advise, learn how to exit as well, because if you don't then there are chances that you might be get trap, in case the project goes down as well. Just continue to monitor your investment and used your common sense in making the decision to stay long or take profits early and go on the next coin to invest.