A currently (expect this to change) unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by ordinary financial institutes. During an ICO campaign, a percentage of the cryptocurrency is sold to early investors in exchange for legal tender/fiat currency or other cryptocurrencies, but usually for Bitcoin or Ethereum.
Investing in ICO's early is the best way to maximise gains. If you pick up a token for $0.01 each and the following year the Coin1 value rises to $10, you have made a gain of 1000x.
If you had bought 1000x Coin1 at $0.01 and then 1 year later the price had risen to $10 - you would now be holding $10,000.
If you then sell Coin1 and use your $10,000 on another ICO at $0.01 you will be holding 1 million Coin2. If Coin2 now moves up to the value of $10 per coin/token, you will have $10 million worth of Coin2.
So on, so forth - it is easy to see why some traders find ICO's the most attractive option for their $. Although it is not that straight forward. The market is volatile.
BE WARNED. Do your own research.
Can't be bothered reading?? >>>>>
\l/ Continue reading below \l/
The reading bit is here, courtesy of Crypto Potato - if you can't be bothered I have checked the content of a couple of videos below to save you the time of wandering through the YouTube Crypto minefield.
There are thousands of Crypto researchers, shillers, and YouTube stars online. There are just as many sources of information, it can take hours, days and weeks to settle into a pattern of finding where to get reliable information from. See below, my technique, it will save you hours to start from here and then to add and develop your own style/sources. Good Luck.
Like researching anything, make sure that you check the date of the production. I have posted this because it is the fundamentals. Since the making of this video - there are thousands more places that have sprung up to be utilised for the purposes of researching.
Spending time to understand the market is vital, there are many different types of trading and many different products and application of blockchain - it does take effort and time to understand the options and focus in on what is meaningful for you.
Market Cap - Long term holding - attitude to market.
"Long term trading is the idea that big changes happen over time and to take advantage of those changes you need to wait. An average long term trader, at most, trades once every 2 days. They can also go years without making a single trade. This style of trading is a lot more relaxed and less stressful than short term trading. Long term trading is by far the safest way to trade. It is very hard to lose in long term trading, as long as you react when the time is right." Andrew Cook.
Day trading - Swing trading - How to make $ fast - bollinger
"The idea of short term trading is to take advantage of small gains and losses throughout the day. This type of trader normally trades a few times during the day or at least once every couple of days. This strategy in theory can work." Andrew Cook.