RE: Crypto Investing – My method to select the best cryptos to invest

You are viewing a single comment's thread from:

Crypto Investing – My method to select the best cryptos to invest

in cryptocurrency •  7 years ago 

Now, in English. I have never invested in ICOs and I don't think I will. Mainly, for the following two reasons:

  • HIGH UNCERTAINTY I like investing on cryptos which has been on markets for, at least, a few months. When I invest on Stocks, I never buy after IPOs. I'd rather wait for a minimum of two quarters to see how the stock is going. In cryptos I try to emulate that behaviour.
  • DIFFICULTY TO UNDO DE OPERATION. If any of the hypothesis of the research changes after investing on a crypto, I can sell it, undo the operation and search for another crypto to invest my resources. For instance, if the roadmap is changed, or if a key advisor leaves the project. If my money is in an ICO, I can't get it until the crypto is listed on a exchange.

Anyway, if you are interested in ICOs, you might use some of the advises of this post in your investment.

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!