Monday 16 July 2018

Why To Invest In ICO


ICO is the short form of Initial Coin Offering. It means that someone offers investors some units of a new cryptocurrency or crypto-token in exchange against cryptocurrencies like Bitcoin or Ethereum. Since 2013 ICOs are often used to fund the development of new cryptocurrencies. (Crypto Market Cap)
If there's been one word on the lips of everyone in finance this past year, it's cryptocurrency. If you've been kicking yourself for not getting in on the ground floor of blockbuster coins like Bitcoin and Ethereum, you might want to consider looking into investing in an Initial Coin Offering . ICOs are highly risky even under the best of circumstances, and have a high potential for scams.

The most important thing you want to do is make sure that either you or someone involved have worked in and understand cryptocurrency and blockchain. Even if anyone can make an ICO, it doesn't mean that everyone should. You need to be able to answer questions on the spot about every little detail pertaining to your ICO.You should also ask yourself if you really think that your business will actively benefit from an ICO Trading.


 ICOs are an incredibly new way of raising money, and everyone is trying to adapt to the new ways without getting screwed over. If you think you're able to make a killing on a promising new ICO, just make sure to do your homework beforehand. Cryptocurrency is all about high risk, high reward, and ICOs are no different. 
An initial coin offering (ICO) or initial currency offering, a type of crowd funding using crypto currencies is a means of raising capital that has been prone to scams and securities law violations. Fewer than half of all ICOs survive four months after the offering.

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