- Thread starter
- #3
GetShitDone
Bronze Contributor
Picking the 1% is like picking a needle in a haystack. Have you done venture capital investing or angel investing? Then you know it's hard, and to add to that - with ICOs you technically speaking have no rights whatsoever. For example, Tezos raise over $230 million and for whatever reason, they're now being sued.... best of luck who take them to court! Tezos imho was a brilliant idea, and I was tempted to invest, but didn't.
You'd be better off trading and investing in the listed cryptos.
Yes, have experience in angel investing and also dealing with VCs. Makes sense.
ICOs are the Wild West of the Wild West. If you get the right one, you see gigantic returns.
Its about picking the right team, analysing the entire ICO, and digging deep into the community to support it.
Sure, there's lots of bad ICOs. But every single existing alt coin in the top 20 has done an ICO before. And as the Crypto community has gotten more matured/self regulated, the ICOs are getting more sophisticated as well.
Some of the greatest blockchains to change our world haven't even ICO'd yet. Opportunity there to learn from missing the ICO boat on the XRP/ETH/IOTA/etc's of the world and get in there in 2018's newly more matured ICO market.
Depends on your risk appetite as well, but at the end of the day I believe ICOs are more developed in 2018 and what we need to do is combine that with heavy analysis to pick the best ones like any high risk/high reward investment.