Post
Topic
Board Altcoin Discussion
Re: ICO is the best way to invest?
by
royale143
on 03/01/2018, 11:47:27 UTC
Yeah it is an opportunity if you get to buy ICO coins . But we should be very careful on the selection of coins. We should make a research of the particular coin we are going to buy. Volume of the coin and its market cap are to be observed since that help us to predict whether the coin is worthy or not.
If the coin is good, do buy it because we can gain more profit of it at the end. Because sooner or later everyone will start buying it at the higher price while we would have bought it at discounted rate.

Not entirely, I think, the reason why many think that ICO is the easiest way to invest is due to the fact that you are not required to hold a lot of asset in order to invest. Since the concept of ICO is crowd funding, a person may chip in any amount he or she may have in the investment and gain profit depending on the amount invested in it. Also, it is easy to invest in ICO because there are many companies and developers searching for investors at any give point in time. Unfortunately, not all of them want to see their projects through which is why ICOs have been branded negatively by many seasoned cryptocurrency users.