Back in 2009, the cryptocurrency market was not taken seriously and appealed to geeks only. However, today it grows so drastically that competition with physical money and other more familiar means of payment is becoming real.
Early 2017 saw a significant situation: bitcoin price exceeded gold.
Historical Price Comparison
Gold Price USD1346 (source: tradingview.com)
Historical Price Comparison
BTC Price USD4309 (source: tradingview.com):
Historical Price Comparison
Today even those, who was rather skeptical about cryptocurrency understand that investment in tokens turns out to be more profitable than other funds placement options. It seems so easy to buy these bitcoins and wait for the success to come. However, there is an important issue: bitcoins emission is limited.
As a consequence, new cryptocurrencies based on ICO mechanics entered the market. Some of these cryptocurrencies are worth eight-digit numbers.
What is ICO?
ICO is one of the most famous way to launch the new cryptocurrencies. Before the emission of new digital currency, the organizers announce fund raising, then tokens are released and distributed among all the investors in proportion to the investment made. In fact, ICO is a so called equivalent of initial public offering (IPO) in the more familiar “real” world.
After the new currency emission, it is traded and in case of positive dynamics the price of this currency is going up.
That is why purchasing the cryptocurrency at the start, when its price is minimum is the best far-sighted decision.
How much money can you make with the cryptocurrency?
As an evidence, let us consider the examples of some new cryptocurrencies showing the best dynamics:
ICO Stratis – one of the most profitable ICOs that demonstrated growth by 151 082%. From the initial tokens price as $0.007, their value increased to $10.58 within one year.
Stratis (source: poloniex.com):
Historical Price Comparison
Spectrocoin startup has shown an increase of 18 707%. The price rose from $0.001 per a token (an initial price) to $0.15.
Storj Tokens dynamics was 17 700%, which increased initial $0.010 to $1.77.
Storj Tokens (source: bittrex.com):
Historical Price Comparison
Golem demonstrated growth by 4 963%. Since February 2016, the tokens have risen from $0.01 to $0.5.
It is clear that those who purchased the coins at the start got the most of the profit.
However, the risks were high as not all the ICOs demonstrated such significant growth and some of them even caused loss. To make the right choice, it is better to rely on the projects with real prospects.
Fortunately, there is good news: one of such projects is on its way.
The new LHCOIN is bound to succeed, according to the most experts.
Here are the main arguments to their favor:
First: proven reputation. The project is being developed by the world’s first crypto-broker Larson&Holz, which came to the financial market in the distant 2004. The company already has a huge base of customers, and its monthly income exceeds 3 000 000 USD. For its holders there is definitely no any need to risk the reputation.
Second: positive forecasts. The investors are guaranteed that their contribution will have annual returns of at least 20%, which sounds profitable – and yet realistic.
Third: the Insurance System. According the White list, if after a year of after the start of trading the profit is still below claimed 20%, the company will refund the difference to all the investors.
And the main thing of the project is the monthly income which receive holders from operating activities. Regular crediting of funds to client’s personal account with a debit card on the brokerage account carries a high commission, but the transfer of cryptocurrencies doesn’t have such a cost. That’s why the company has decided to save 5% monthly from all incoming payments and at the end of the month to transfer them to the holders of the tokens.
You can learn more about the project here