Post
Topic
Board Altcoin Discussion
Re: My experience as a newbies in ICO/IEO
by
Gotumoot
on 07/10/2020, 01:53:26 UTC
My journey and experience in the cryptocurrency space started early 2016 when I first hard about bitcoin and some time late 2016 I decided to give it a try, as an early adaptor I invested some couple of dollars in bitcoin. And in 2017  made as significant profits from my investment and I decided to invest in other altcoins which also gave me so much turn over, it was all good until the year 2018 when the market noise dive into deep crash and that also come with a lot of lesson's which I will like to share them with us 1 of them is never to get greedy once you make some profits just pull it out and move ahead and again never invest in over hype projects because lots of them never make it good in the market. And when it comes in to buying into a new project I advice you wait until the project hit the exchange because over 50% of the ICO today sale below their ICO price on the exchange market so best you buy from exchange.
It is true that is why I don't invest in ICO and IEO because most of them wouldn't get listed in exchange or even if they could their price couldn't really make it to their offering price.
So even if they could make it in exchange your investment wouldn't still give you profit since their price is too low even if you add up your early investors bonus in it.