Post
Topic
Board Altcoin Discussion
Re: ICOs are getting very hard to get in.
by
ManaMan
on 26/05/2018, 16:25:35 UTC
We all know that the current market is very manipulated and we can see a lot of people losing money because they try to become a trader but they can not fight against the whales and traders from others markets, at least no so quickly as they would want. Even so, there is a sector of cryptomarket where people without a larger experience on the crypto world can make money, Im talking about icos.

Today in 2018 icos are still profitables, but there is a lot of people... and its getting very hard to get into the best ones. The admins even make lotteries and other things that we never saw in 2017 the golden year of whole cryptomarket.

What way to make money on this market do you prefer?

Thing with ICOs is that the place is getting crowded and many people are raising money jsut because they can. I don't say it is easy as there is whole process behind it but many of ICOs don't even need that much money to start to work on their idea. This being said with to much noise it is hard to spot great one that could bring you lots of returns which is why we are seeing people buy into them and later on after distribution they are dumping their tokens. It is possible to profit from them but it ain't easy for sure.

What do you mean by lotteries?

You can either try to be day trader, try to chaise the hype and get out or you buy and hold. I prefer to hold as it is simpler for me and a side from that I try to earn little of crypto every now and then when I can and simply stash it in my wallet so in case I can pay for something I need or simply hold it.