ICO!! 100X EVERYTHING ??!
ICO (Initial Coin Offering) season has started, with projects like Trinity and Gatcoin closing their whitelist or selling out, the Fear Of Missing Out (FOMO) is taking over. Here are some tips to overcome FOMO and find good projects - because projects will eventually need to deliver on their promises!!
ICOs are inherently very risky. Never contribute more than you can lose. This is not financial advise.
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Those NEO ICOs should not have the network clog issues of Etherem-based ICOs, but the whitelists may also cut many people out. Crazy times we live in.
Hi Michael, thanks for the video, Im a fan. I wanna ask you what do you think about the SETHER ICO?
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Agree with albertogm, love your stuff!
Here's som value to you my friends :)
ETHEREUM CLASSIC (ETC) - Analysis (218% POTENTIAL PROFIT) — Steemit https://steemit.com/bitcoin/@benkalashnikov/ethereum-classic-etc-analysis-218-potential-profit
so many ICOs, so little coin....
Most people I hear talking about ICOs see them as a pump and dump, quick buck opportunity
I'm very interested in ICO's because it seems like the best way to get involved in a specific coin on the ground floor making it alot easier to HODL. It's just hard to weed through all of the information on ICO's to determine which ones are legit projects.
Then there's also the issue of all of these ICO's not allowing US participation. That's one reason I like the Dragonchain project you mentioned because they do allow US customers for ICO.
Left a follow and upvote for you.
Cool video man....
Thanks for that!
Can someone help me? I would like to get into an ICO, but I don't really understand how does the whitelist and KYC registration work.
I see, that the whitelist is to make some kind of priority among the interested people. This specific ICO asked different social media user names from us, does that mean that they will check if I liked/followed etc their page, or they will go deeper, check if I commented, or sth like that?
Regarding the KYC, I was never before involved in an ICO, so I don't really know what they will ask. Do they need documents verifying my personal data and residence? Please, could someone help me?
KYC stands for Know Your Customer and comes from Anti Money Laundering regulation. It is one of the requirements for US based investors participating in ICOs. The purpose is to confirm you are a real person and not a bot or not on any list of known terrorists/criminals. They typically ask for a government issued ID to confirm your identity.
Thank you for the help!
What is the chance that a coin turns out to be cheaper after an ICO? I hear that it is not that small.
Do you know something about this? Any statistics? Would be interesting!
Thanks for the tips. I've been really interested in a few ICOs but haven't jumped into one quite yet. Anyone here hit big on one?
Substratum was a recent good one!