From my personal experience, IDO launchpads were the most profitable for the short term with minimal risk.
Here I will share about the top platforms doing IDO launches, where you can make some serious gains and be the first to learn, through their communities about new project launches!
What is an IDO?
IDO or Initial DEX Offering is, in simple language, raising money through crowdfunding to reach a certain market cap before getting listed on the Decentralized Exchange. IDO participation is limited to token holders of the launching platform; Holders gets access to significantly low token prices of a new project, that they can hold on to or sell shorty after the DEX listing as the price will usually skyrocket, especially if it's backed by a big community(you can usually check from their telegram channel) and has good fundamentals (that's where you do your digging around).
Best launchpad platforms?
There is currently more than a few, but the most successful and promising are:
DUCK DAO and Duck Starter. https://www.coingecko.com/en/coins/duckdaodime and https://www.coingecko.com/en/coins/dlp-duck-token
Polkastarter. https://www.coingecko.com/en/coins/polkastarter
Poolz finance. https://www.coingecko.com/en/coins/poolz-finance
TrustSwap. https://www.coingecko.com/en/coins/trustswap
In order to participate in their launches, you need to hold a certain amount of their token, holders are classified into different tiers and will receive a participation cap of $$ based on that tier, some platform only guarantees a spot for sale participation to top tier holders, lower tiers will receive tickets that only a number of will be randomly selected to participate, the lower your tier is the fewer tickets you'll get.
Participating in IDO's might be a little costly, and that is due to the minimum required token which is 250 for Poolz for example, and Poolz is currently trading at about 27$ that's 6,750$ for the lowest tier. Trustswap's minimum is 4000 swaps which is almost 19,000$.
If you can afford that, then great, I wouldn't miss the chance, but if you can't, you can always hold a smaller amount as users are always using their profits to buy more token to move to the next tier up, so you always have the opportunity to make gains by simply holding on to these tokens, as they are only getting more valuable with time.
Another thing you can benefit from these platforms is to be in their telegram groups, that's where new projects get announced, by being there you get to stay informed about new projects and get the feel of the community about it, also get updates about them, with that you can decide to make a move when it gets publicly listed on the Dex and be the first to buy-in.
Investing early is key, that's where you get the 10x and 50x and a 100x, it too good to be true, but IT IS TRUE!
Remember to never buy when coins are first listed, that's when bots get in and everybody is FOMOing In, which causes a big pump, that's when you sit back and wait for IDO participants and Bots to take profit, and people who FOMOed in ditch their token cause now its dumping and they're scared, now it's your time to buy and only buy-in projects that you believe in, and want to see succeed, that will help you Hodl through the red days.
I hope you guys like this and hopefully, someone will make some serious gains if they follow this plan and STICK TO IT!!