Post
Topic
Board Speculation (Altcoins)
Re: Can you invest in ICO in bear market?
by
Umkar
on 29/04/2019, 14:19:50 UTC
In the bear market, many ICO projects have postponed their process, I don't think investing in ICO during the bear market period is a good idea. We should wait for the market to have better improvements to join that would be better
This is the most expedient decision today, because many projects that managed to raise the necessary amount to start a project do not hasten with the development of the finished product. Because for this it is necessary, for example, to sell the cryptocurrency that they collected during the ICO, and now it is not profitable for them to do it. Therefore, everyone is waiting for when the prices for all coins will rise and they will be able to profitably sell the cryptocurrency, which is with them, and this is quite logical.