RE: Great ICO vs Great ICO Investment: There is a Difference!

You are viewing a single comment's thread from:

Great ICO vs Great ICO Investment: There is a Difference!

in cryptocurrency •  7 years ago 

This doesn’t help you?

f you purchase Wax tokens, or bought Unikoin and Bancor during the ICO, it was unrealistic to believe that such currencies would appreciate and do well on the crypto-exchange. The valuation was too high, and for these type of companies to ever produce the 85,000% or 500,000% returns we saw with STRAT and NXT, they would essentially have to become a combination of Apple and Google, and that’s never going to happen!

The bottom line is that valuation matters. The tokens/currencies like Unikoin Gold and Bancor with dismal post-ICO performance are also the ones that raised the most money during their ICOs, upwards of $100 million! That is no coincidence, because even in the “wild wild west” of ICOs, valuation matters!!! Digital currencies like STRAT, MIOTA, NXT, and NEO have done so well because their ICO involved little hype, and because their currency had great usage potential. I call it, “unrealized potential” during the ICO process. That's what makes for a great ICO investment, vs a great ICO that raises a lot of money, or sells out quickly.

Seek NXT, not Unikoin!

The very best token sales to participate in are those raising little money with an actual product/service where the token will have high usage potential within the ecosystem

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

keep advertising hades

It looks all little bit lets say no so ready. Not yet convinced. Maybe you could proof the promises ?