RE: Am I missing something with regards to the #ICO craze?

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Am I missing something with regards to the #ICO craze?

in cryptocurrency •  7 years ago 

I've invested in a few. A couple went lower than or same as than ico price after release but a couple of them went waaaaayyy up and I made huge profits. we're talking 500%. And they never really dipped much after that. If you know how to find quality ico's that boom like that, it's worth it. The risk is worth it to me ;)

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Thanks so much @eavaryan. Coming from a VC background, this is new territory to me and I am eager to learn. Have a great day.

Thankyou. For reference, you can research ico's and get an ico score. For ie, the next ico I am investing in is Red Pulse, which has a score of 95%. I think it may boom because it is built off the neo blockchain (popular), there is a lot of hype and talk around it, and they already have an existing business. Will it thrive in the future.. I don't know. But I can take profits right after rpx coins are released and buy back later if I want. What is VC?

This is extremely useful, thank you! "What is VC" - Venture Capital, whereby we invest in the equity of early stage companies. Similar to an ICO, but within the traditional Venture Capital framework.

Ah yes, should've known. you're welcome!