Buying and holding coins is not as profitable as it was used to be.
Thus, I decided to be working and investing in promising ICOs.
Once the ICO is over I normally sell all the coins/tokens.
I recently discovered, few weeks after the ICO the value of coins/tokens normally drop by a minimum of 30% - so that is my entry level again.
Meaning once I noticed that, I'll just go ahead and rebuy the same coins/tokens at cheaper rates. By doing that, I can make lots of profits.
Share with us what you think about my latest strategy, thanks
Thus, I decided to be working and investing in promising ICOs.
Once the ICO is over I normally sell all the coins/tokens.
I recently discovered, few weeks after the ICO the value of coins/tokens normally drop by a minimum of 30% - so that is my entry level again.
Meaning once I noticed that, I'll just go ahead and rebuy the same coins/tokens at cheaper rates. By doing that, I can make lots of profits.
Share with us what you think about my latest strategy, thanks
Actually it is really profitable to invest in ICOs because you can take advantage of their promos. However, not all ICOs are legit and successful even after successful ICOs. For a project to be successful after ICO, it should have a team who is continuously developing the project and actively marketing the project.