Importance of Hustle and Networking in ICO and Cryptocurrency Investing
The game of ICO investing and more broadly, crypto investing, is continually evolving. So let's discuss today why networking and hustle is so massively important in the game of ICO investing, sparked by a tweet from Ian Balina, and response from DonnyCrypto.
Initial Tweet from myself and Ian Balina:
https://twitter.com/crypto_bobby/status/957258151996346368
Response from Donny Crypto:
https://twitter.com/DonnyCrypto/status/957260059179933696
Long-story short, investing in crypto and ICO's is becoming more and more competitive. If you don't continue to adapt and evolve your strategies, you can easily get left behind.
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Hey @cryptobobby, nice post. Do you believe that all the good and quality ICOs will soon be not available for simple investors? As I can see the trend it all goes to the point when all good projects are going to be sold on pre-sale phases.
Thanks for the post. But will ICOs contribute to a Bubble?
The trend is certainly moving in that direction, which is why you need to network a bunch, get access to pre-sale opportunities where you can, etc. Main sale ICO's are becoming less and less common due to regulatory issues, but with extra work, you can still find ways in.
I really appreciate the video because it really addresses a lot of the questions Ive been facing. Personally, Ive been invested in crypto for a little over a month now and have always wanted to invest in ICOs, only to be faced with the message most have that people in the US cannot participate. Long gone are the days when you can send over your Ethereum or BTC without any KYC and receive a quick 10 times gain when the coin hits exchanges. The regulations coming for ICOs has been a big detriment for small time investors, but I also agree that there is still plenty of opportunity when compared to other types equity investing, as you mentioned. The couple extra hours a week one spends researching are only a small price to pay to become invested in an ICO that you truly believe in. I love the idea of taking an administrative job in telegram or slack for a project; in fact, I never really thought of it and it sounds like a great way of showing a team that you enjoy a project. Great video, as always and thanks for always providing us with knowledge because in crypto, knowledge is truly power!
Nice thoughts and I appreciate the feedback. It's definitely a changing game when it comes to investing ICO's, but when you're talking about potentially 5x, 10x or 50x returns, that extra work can certainly be worth it.
Nice post. Yes, there is a lot of competition at the moment.
everyone needs a bit of hustle come on bros it's steemit we all need an upvote ;) but on the real if your a sucker and not doing your research or moving when the markets too hot you will loose so hustle some knowledge read!!
good job, I think you'd fit in https://steemit.com/cryptocurrency/@andrea97/earn-free-token-pow
i am very afraid of investing
I definitely agree with the discussion given the way the ICO are going towards pre-sales and the regulatory environment. However, have in mind that what makes the price move is when they start trading on exchanges. I believe that the demand is making valuations being high so the discounts seen in the past will not last long. Therefore, most of the gains will come after the ICO come out anyway. So, it will always benefit for investors to do homework while we wait for them to get on exchanges.
Potentially 10x ICO's atm IMO:
WePower, Babb, Bankera, Credits, Referium
Comment below if yopu know potentially hot ICO's.
Disclaimer: I am just a bot trying to be helpful.
I would love to take the "big metall bird" (Andreas Antonopoulos on Joe Rogan) and fly to every single crypto conference to network, but I put all my money into BitC... -- just kidding -- into crypto and I want to hodl all of it, at least for now... What about a conference in Berlin at some point? Then I would definitely make it :)