RE: How to Profit from Bitcoin (BTC) hard fork with alt coins and ICOs

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How to Profit from Bitcoin (BTC) hard fork with alt coins and ICOs

in bitcoin •  7 years ago 

ICO's? Holy #$#$ risky, man.
Your altcoin strategy sounds good. I guess it comes down to if there is enough value generated from the altcoin rise after the BTC exit... compared to the gain in BTC for having invested in it.
Last move showed that BTC prices held. It seemed to be the best option then, seems like it is still the best option to just keep buying BTC.

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So as an example, I made 2.5x on my last ICO. So more than doubled my investment. Don't think BTC will be doubling in a month (although it could). My goal for Cobinhood is 2x - 3x my investment. You could keep a majority of your cash in BTC and take 30% to speculate on ICOs. Once you make more than your investment just start investing the profit in the ICOs. This is just a way to grow my investment faster.

I understand that, and ICO's are extremely risky... just like penny stocks if you know what those are. But the turtle wins the race. Just cause you bet and won a few times in a row in a risky way, doesn't mean it will work every time.