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RE: Do I Participate in an ICO or Do I Sit on the Sidelines?
excellent article. Thanks for the background. I have been contemplating participating in an ICO but have wondered about the points you discuss, will it pop only to decay underwater quickly - as many equity IPOs do, will it tie up cash for a long time, is it better to just wait until it is trading.
I am interested in Tezos and Bancor. Do you have thoughts on those?
Everyone I know is all over Tezos, but to me it is purely speculation. I will not be participating. I don't know of Bancor.
yeah, what concerns me about Tezos is that it is unlimited ico and it seems like EVERYONE is hot for it. Since it is unlimited EVERYONE can buy it and if they do, then there will be no further buyers after it is trading - at least for a very long time.