ICO info
This is going to be a very short and informative post for the beginners oin cryptocurrency, I just want to explain what ICO's are and how useful they can be, in fact, I've really managed to obtain higher profits from cryptocurrency trading by using these ICO's.
An ICO is essentially a crypto coin which has not yet been released to market. The company in charge of creating it explains how it works and how they inted to release it into the cryptocurrency world. Your job is to be a sort of Business Angel, read through these coins and when you feel you've found one that may be a success, invest! But be careful, many coins will never even be released, read the company's pln carefully and make a move. I myself have done this a couple of times and through extense research and thought I've been lucky enough to invest in coins which, eventually, have made me a big profit, much bigger than what I've ever mde trading on current cryptocurrencies.
ICO's may be able to make you a lot of money but it's important to note that most companies will be asking for at least, half an Ehterium which, currently is about 600$ so you do need quite a lot of capital to get started.
Just like any other investment, this can be dangerous, it's easy to lose a lot of money in a short amount of time but you can also make a lot, a friend of mine invested one Etherium in Ripple and made a 60,000$ profit from it, so good luck! Do some research and give it a shot.