Good Day guys, just searching for an alternative way to invest my money to,
so the question is, is buying new listed token(token that just ended ICO) to an exchange profitable? do many of you do that? would you recommend doing that? or should I buy on their ICOs?
Not all. The downtrend in the market highly affects the market value of the newly listed coins that also, determines whether it would be profitable or not. But the majority is that, market value falls below ICO price. On the other hand, newly listed tokens are not all having price increase that much especially those that are having large market cap.