Post
Topic
Board Altcoin Discussion
Re: Perfect time for ICO?
by
Agozyen
on 18/09/2018, 00:14:54 UTC
What are you suggestions regarding perfect time for ICO launch? Is it during ETH drop, if ICO`s token price is fixed in ETH, or is it during ETH going up? Maybe somebody prefer specific price of ETH, for example, $ 200, or $ 400, or $ 800? Please share your opinion

  Why peg it to Ethereum?  I have zero interest in any ERC20 tokens because the market is flooded with them.  If you must peg it to ETH and believe in your project then the timing won't matter because you should be selling against the USD.  IF you need $1,000,000 and ETH is $1,000 then you only sell 1,000 ETH's worth.  If ETH is $500 then you sell 2,000 ETH's worth and so on.