How To Make Huge Returns In Crytocurrency Investment

in #cryptocurrency7 years ago

Hello steemians,today we will be learning how to make 10 to 100 times your cryptocurrency investment.You have all heard of the big boom in bitcoin recently.The cryptocurrency looks set to change the face of money forever and in the meantime,investors are filling their boots.This posts helps readers make huge returns on their cryptocurrency investment through some procedures;

#Finding the cryptocurrency to invest in
The first step is to find out which ICO is coming upand also whoch of them are trading at less than a dollar(it's important for some reasons).One of them is that if the price of an ICO is less than a dollar ,it increases the rate of the number of investors including those with small funds.And since the price is low,small numbers can more easily increase than larger numbers.Take the bitcoin for example,in july 2010,1BTC =$0.08 and in Feb 2011 increased to $1. With sites like ICOALERT,investors can use these sites to plan their entry, research on the ICO and invest.ICOALERT remain the only free to list ICO website with comprehensive list of active and upcoming ICOs.

#How unique is the ICO
Currently,the markets is not supporting coins that simply recreate the decentralizes currency like bitcoin but look for something that puts a new spin on a old platform and seeks accomplish something ambitious like steemit and the rest.

#Smart plans of the ICO
Next,you check the smart contract that manages and distributes the coin.Typically the scarcer a coin is in relation to its supply,the more it will fetch on the open market.Now check its exchange plan.The most bullish thing for any cryptocurrency is to be listed on an exchange.If a place like coonbase,bittrex announces plans to list a coin in its ICO stage then its a good sign.
These are some of the procedures to follow to earn big returns on crypto investment.I will like to get your feedback pls resteem,upvote and like this post.
Thanks