Post
Topic
Board Altcoin Discussion
Re: ICO is the best way to invest?
by
poochoorookooy
on 06/03/2018, 09:40:27 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.

I agree; however, that depends on how you view it. Remember that there are seemingly millions of ICOs popping in the market every second, therefore, it is really very hard to determine which ones of them will prosper and which ones are destined to fail without really looking closely at it. I think what makes ICOs good investments is the fact that it can be realized in a few months as compared to other ventures that could take years; however, even if you would not have to wait for a long time. The uncertainty and risk of investing is always there, and so, one should still be ready for probable loses.