There are so many ICO's that are available today or will be soon. Many ICO's will succeed but the majority will fail. I think people have a false perception that many of these will make big money or be successful.
Folks that's just not the way it works. I have news for you, MOST ICO'S FAIL! And fail hard.
I think too many people just don't get that 99% of these are going to fail. That's true even if they are legit and not just a scam. I will admit I am very bullish on a couple of ICO's but as more time goes on I feel less inclined to participate.
Stick with LiteCoin, DASH, Bitcoin and many other top 20 coins. But then you have to HODL and not constantly trade!
And definitely don't bet big on an ICO if you can't afford to loose. Cause most likely you WILL LOOSE.
Not trying to be gloomy on a Monday I promise!
Love Ya
I was thinking that ICOs are a good way to profit from the Pump & Dump. More often than not: an ICO will always go up before it crashes. Any thoughts?
Yes that could work if you get the timing perfect. Most people miss and buy or sell once it's too late. Much easier to just hold a reputable coin.