Re: ICO Participation?

How many people actually participate in the ICO stage of new alts? It would appear the obvious answer is a lot, considering the amount of money they raise. But isn't better to wait for the first storm to pass and then jump on after all the hoopla?

The short answer is NO!

If you invested in every single ICO, including the crappy and scammy ones you would have seen a return on investment (ROI) of 1320%.

Think about that for a minute and really let it sink in...

There are such huge amounts of money flowing into crypto right now that its more important to get in early, than to try and find the absolute best ICO to invest in. Of course, you should not put all your eggs in one basket or you will get burned. You need to spread your risk.

Here is a good article about it http://uk.businessinsider.com/ico-mangrove-capital-average-returns-crypto-icos-2017-10

That's a really interesting article from a pretty reputable source, I'd suggest reading the full article to anyone who's also interested in this.
Couldn't believe that ICO's were that profitable on average, but I guess it's because the really successful ones bring up the averages and make up for any losses.

I've always been pretty hesitant to invest in ICO's, but I think I need to start building a small portfolio after reading this Tongue

Yes it is a very interesting article and very good to read, I think of some ICO I get in investing, I get everything very good and proved very profitable, so better see their website and team first, or we can read their whitepaper how the concept applies to their project or agreement if this ICO fails, if we have seen it all, we can ascertain how well the project is for the future.