What do you think about Private Sale?
Now the new ICOs attach importance to private sale. They sell to big investors secretly. A small amount is left for Ico. The remaining amount is selling out. As such, there is an extreme hype in people like us. Quarkchain, for example.
I think they make hype like this. After selling a small amount at Ico, it is going to the market x3 x4. And those who buy in private sale sell at these prices.
I do not like projects that do this. I totally think they are doing it to attract big investors. Because big investors are investing between 1000-5000 eth in one go.
I heard about lots of good experiences making profit from private sales and its really fun and i am interested but i find it hundred times riskier than investing in normal sale because in this you are dealing with individuals without a chance to have evidence since its happening outside the cryptoworld and this will onlybe possible to earn if the person transacting known each other personally or in long time,but yet no one assures someone here