What is ICO? According to wikipedia Initial coin offering (ICO) is an unregulated and controversial means of crowdfunding via use of cryptocurrency, which can be a source of capital for startup companies. In an ICO a percentage of the newly issued cryptocurrency is sold to investors in exchange for legal tender or other cryptocurrencies such as Bitcoin.
Pro and Cons to purchase ICO
Pro :-
If you plan to purchase ICO, you always have a chance to be the first group of people to enjoy benefit like discount or get up to 50% more coin. This means when the coin list, you have a chance to earn 5 times or 20 times of the grow.
Ethereum
ICO price: USD 2
Listed: USD 400
Return: 200 Times
IOTA
ICO Price: USD 0.02
Listed: USD 0.6
Return: 30 Times
Augur
ICO Price: USD 1
Listed: USD 36
Return: 36 Times
Stratis
ICO Price: USD 0.01
Listed: USD 10
Return: 1000 Times
Bitconnect
ICO Price: USD0.80
Listed： USD 20
Now：USD 190
Return: 237 Times
When I think to buy Bitconnect every say is a scam. I miss the ICO. And, when it listed, I still not buy it. Then, I bought it at the price USD 78. Bitconnect is a scam? I learn a lesson after this times. In our life, we may miss when we never want to take any risk. It's may be too late, in my point of view is making money first bro.
Unlike IPO that have a lots rule and regulation. You need to have a minimum investment lets say $100,000 or a million to participate in IPO. In ICO everyone can participate any amount of investment. Person like us who don't have that much of money have opportunity to buy it. The risk that we take is very low.
CONS
Because ICO have extraordinary attraction on the return. Everyone are jumping in and this give someone opportunity to scam in ICO. Not all ICO is successfull. Some ICO not even develop and deliver their coin after ICO. 99.8% of ICO is scam. That's why China and Korea banned ICO in their country. Unlike UK have a better law to control ICO.
Because of all those ICO scam, we as a ordinary investor have to be smarter and knowledgeable select the great ICO that can give us not only the good return. The most important not loss our hard earn money.
What If you have miss a potential ICO?
You have to act fast when it listed in exchange, because you still have a change to grab cheap. For example, when ethereum listed the first hour have reach USD 4. Many feel it was earning 100% and sell off their crypto. I have grab it at USD 20, however it still very cheap for a potential cryptocurrency. Compare to the price now, it have growth USD 400. Still have very good profit.
Before you get involve in ICO some rule you have to follow.
- Do not invest directly from your exchange wallet into ICO. You will lost your money
- Read the ICO rule and regulation properly. Not all the ICO as simple as purchase with bitcoin or eth. Like EOS and Tezos they are building their blockchain. The way of purchasing the ICO is more complicated.
- Keep your wallet private key. Some ICO will create a new wallet, if you loss your money.
- Invest in the early stage as possible.
How to Buy 100X growth ICO?
- Understand how that can potentially help the society or decentralise some industry.
- The team/group of expert who are working on the project
- Read their whitepaper to understand about how their project helps
- See their projection times to complete and launch their coin.
- Search around some forum, youtube or blog to see what's others people look at the coin. Listen to their review and make your own decision.
Below is a sample where I describe how I analyst a ICO.
Why You should Invest in 2017 Biggest ICO :Electroneum
Why I buy WHY Electroneum](https://goo.gl/7K1zAt) ?
First impression when listen the name electroneum sound like a crypto to electronic industry. But is not. When i login to their website found the curiousity when it mention big investor like Uber, IBM, Spotify and Hootsuite was invested with them. For sure I have to double confirm all this.
In most of the ICO, I found their are the first coin created in UK and already have ready build app even in android. I don't want to take some risk with a ICO that not even build and not even have user based. It sound great with more than 12,000 users.
One of the biggest concept they going to sell to us is they going to decentralised the mining industry. As we know, most of the crypto currency mining company are manage by big company or person who have technical skill assembly computer hardware and setup and maintenance. They going to decentralize the mining massively back to users, a normal user like us mining with our mobile phone even while playing a games. I think they going to focus massively in gaming industry. Gaming industry is huge and crypto currency in gaming is competitive like digibyte,etc.
14th September They Started Giving Coins 31st October They Close With Bonuses!
$0.01 Per Coin ( Bitcoin, ETH ,USD CASH,EURO,GBP BRITISH POUND ) Accepted!
Why most people don't buy Electroneum ?
Many people promoting Electroneum because they have referral program. However, many will feel uncomfortable when and ICO promoting their referral program. However, I feel that is great with referrals. Just because of their referral many people are giving the review on that coin. And, I am the person who are lucking to stumble this coin when people promoting it. At least I no need to filter hundred on new ICO, the only job is I just need to read through again what they do. If I feel potential then I will invested in it.
Bitcoin price is going down today, so many of my altcoin is stuck when I bought it at higher price. If not I will invest 5 or 10 times more than what I have invested now. I believe many people just like me. May be their bitcoin stuck somewhere else. Not everyone have a lots money to invest in ICO especially for beginner. Like my situation all my money is in exchange. I know that is risk. However, to make a big gain need to take risk in most of the time.
Many beginner though the project is unrealistic. How can you mining with mobile phone? and some just follow their gurus or youtube channel creator who giving reason why he don't buy. May be from the volume of coin issue, some say is expensive, etc. Some people never invest in ICO , because the risk is too high.
Warren Buffet said:"Manage your risk in any investment for greater return".
However, I am not your financial advisor. In my point of view, either we have a change to earn 100 Times return on investment
Last Offer 31 October 2017 Go To Electroneum Website