There are so many ICOs that pop up every day. How does one keep track of them and what signs should one look for that makes an ICO a good investment opportunity?
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There are so many ICOs that pop up every day. How does one keep track of them and what signs should one look for that makes an ICO a good investment opportunity?
If you really want to find how many new ICOs there are every day, just keep refreshing the coinmarketcap.com page every few minutes and you are guaranteed to see a new pop ad for a new ICO. It's crazy!
It really is. I honestly don't understand it since the majority of the new ICOs are just replicas of already existing projects. I think it's becoming like a dot com boom. I'm pretty sure there will be some kind of regulation soon.
Why would you want to try? There are 100+ new stocks that become available every day in the US, if you include the pink sheets. Do you feel inclined to try to learn about every new stock that becomes available?
If not, why not? Why doesnt that logic apply to the new shit coins?
You're right. I do believe the majority of ICOs are shit coins. But then an IOTA, NEO, or EOS comes along and they do have amazing potential. The thing is, these new coins with high potential aren't being promoted on Facebook or Instagram. An example is Dash. I don't even remember seeing advertising for Dash. I just began to hear about it after Bitcoin transaction were being investigated and so Monero and Dash values went up. These are the coins I'm interested about. Not little coins that require social media marketing to receive funding.
I also feel QTUM is one to go far
Awesome. I'll check it out. Thanks for the heads up!
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bestlimon2017 (35)
Best thing to do now, wait for the Ico on the exchange, it dumped then you can buy cheaper than the ICO price very often
Most of the crypto companies offer significant discounts in the pre-sale to large buyers. We are putting together a buying group to help smaller investors get the same access to discounts and achieve larger returns: https://steemit.com/ico/@mattervest/ico-buying-pool-from-mattervest
Always look at the team, and the general concept of the ICO. Does the team have past success? Does the ICO solve a real world problem or bring anything new to the table?
Those are the biggest things to look at when investing.