How To Spot A Good ICO

“Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime.”

Keep that in mind as my framework for this answer.

I’ll do you one better than giving you a single token.

Why? Because I asked this question to so many people when I was starting out.

All. The. Time.

I am offering a strategy that I learned a couple of months ago. For Free. It has helped me a lot to answer this question.

Have you ever seen these ICOs / altcoins that just shoot up, and you’re then left reading about it with the option to buy only now (when it’s relatively expensive)? I have.

The way to be on the other side of the equation is to track the coin market caps early on! Here’s how you do that:

• Go to Cryptocurrency Market Capitalizations | CoinMarketCap
• Copy the top 100 coins / tokens into a spreadsheet, ordered by market cap (largest to smallest)
• The next day, open a new tab and copy in the top 100 for that day, ordered by market cap (largest to smallest)
• Put a # rank next to each coin / token and then subtract the new # rank the following day; if it’s a positive number, then take stock of what that coin / token is and see if that trend happens again. I’d recommend doing this with coins in the top half of the top 100 (50–100) so you catch them early
• For example, if I have a coin / token that’s #10 today and #2 tomorrow, then it’s score is +8
• Take a close look at those coins that have entered the top 75 and top 50 that weren’t previously in it
• If a coin enters the top 50 and quickly enters the top 45 or 40, then that is a good reason to investigate (read: potentially buy)

That is how I have found coins early…

All that said, here are a few “fish” in addition to the “fishing rod” I just outlined above (in no particular order):

• IOTA

• Neo

• Monero

• Stellar Lumens

• Axpire

• EOS

• Ethos

• Siacoin

There a most definitely more, but those are the ones I'm looking at.

Disclosure: I am long IOTA (available on exchanges) and Axpire (private pre-sale right now, [email protected])…I’m learning more about the rest to get to my personal threshold for investment. This is not financial or investment advice!!!