Hello fellow community members,
Recently I saw lots of people announcing new altcoins. They're planning to launch ICO soon. But I was wondering if we should invest in ICO with proven business which will reduce the risk of our investment or go big with ICO project that we believe in but it starts from zero?
The trend of ICO is everywhere and lots of SCAMS is happening. Therefore, viewing ICO from risk management perspective is also important. What do you guys think?
"Price is what you pay. Value is what you get." - Warren Buffett
At the and it depends on the amount of risk that you want to take, a coin that has a products ready or that is close it is going to attract a lot more money but this means that the profits in the future will be lower, a project that still has nothing to show for is a lot riskier but if you are able to select the right coin then the possibility of earning a fortune becomes very real.