Most people come to the cryptotrading after hearing about the bitcoin and the incredible increase in its price. But there are also those who began to be interested in cryptotrading because of the opportunity to take part in the ICO, which sometimes for a short period of time allow several times to increase their depot.
Strengths of top coins:
- fame. This allows the level of demand for them to remain stably high;
- stability in development. As a rule, top projects are projects that are trusted and which consistently show the results of their work;
- support by large players. Some coins have become top-notch due to the support of large investors (Cardano).
Weak points of top coins:
- the main growth is already over. Most of the coins before going on top have passed a long enough path for cryptocoins, during which the price for them has grown hundreds of times and it is senseless to expect much more growth from them;
- obsolete technology. The technology of some coins was developed several years ago and during this time managed to become obsolete.
- overestimation. Some top coins are too overpriced and their price is overheated on expectations of even greater growth.
Strengths of participation in ICO:
- Innovation. As a rule, projects that go to the ICO, offer to invest in the implementation of a new idea, which in the future will be the top one;
- the price is at the starting level. During the ICO, it is proposed to buy tokens at a starting price, which in the future can show significant growth. To raise the price of a token from scratch is much easier than a coin with a large capitalization. Particularly attractive is the opportunity to participate in the pre-production;
latitude of coverage. The number of ICOs is now enormous and investors are offered a wide range of areas and areas for investment.
Weaknesses of participation in the ICO:
- Lack of confidence and confidence in their future. The main problem with tokens compared to leading currencies is that investors trust trusts on top coins more than barely appeared. The support ICO tokens, provided with history, do not.
- the risk of stumbling upon a frank scam. Everyone knows that often on the ICO are outright scammers, the main purpose of which is to collect money without any consequences.
- a long waiting period for the result. At ICO, they suggest investing in product development, which can appear only after a considerable time, and until then the price of the token may fall several times.
And yet, what is more profitable: buying top coins or investing in ICO?