If you’re a novice, or have any experience investing in Cryptocurrencies, there are still some things you need to learn that your experiential wallet growing might be lacking. Today, we will tell you about the four things that we think you definitely need to know before you invest in any Initial Coin Offerings.
Number One: If you invest in them during a bear market, or at least during a recession time, ICOs are more likely to be profitable. We are actually experiencing a bear market so the time to buy up some ICOs may be right now. This makes good sense because one can pick up ICO coins for a cheaper price when they’re not attracting too much action, and expect higher returns on investment until the bull market hits. But don’t spend in ICOs because everyone else wants to pick them up.Get the facts about what-is-ethereum-an-explanation-for-beginners
Number Two: The higher the Bitcoin price, the more money you invest in ICOs and the more money you invest in ICOs the lower your investment return. And the more bearish the market becomes, once again, the higher the chance of having a decent return on investment when you buy ICO coins. It is a fact of nature that no-one can make a lot of money from something while someone else is doing it. The opportunity to make money, however, definitely has a higher probability as few do.
Number three: Investment by ICO is less profitable as time goes by, because from the investor side they become more popular. From the business side, they too become more famous. Often, as more time goes by, the more media attention the ICO gets, the more capital is generated by Initial Coin Offerings. This takes us right back to point number two, which states that the more money you invest in ICOs, the lower your individual investment return.