As the world becomes increasingly interested in cryptocurrency, exchanges and wallets are becoming very popular. A lot of people are purchasing and investing in crypto currencies in order to establish financial independence, or simply to have some savings for their children. Whatever the cause may be...
Well who could blame them? Why would not one invest in ICO? if they get the proper strategy and mindset they would be able to get promising result and bonuses that somehow in some ways may change their life.
This would lead to the next question, Is there really a best way to do this?
The answer is - of course there are always better ways to handle things
- 1st is to have a strategy to exit
- 2nd is your ability to have an eye for good ICO's
Note: To be successful in investing ICO's is to have a good amount of effort in doing research to gauge the market sintements, and see if the hard cap is extremely good or not.
Collated Strategy to exit
Early Gamer
This strategy is as it sound, gain profit as early as possible we know that some of the token gains x5 to x10.
you can start selling 20% to 40% after token gains x3 or x5
e.g
Initial Investment
5 ETH x gains(5) = 20ETH profit
Sell 20% to 40% of your 20ETH profit and hold 60% to 80% of your profit and sell more
if the token keeps having a bullish trend .
or
completely gain profit at x3 to x5 this more likely reasonable enough. (this will depend on your personal discretion on how you perceive and gauge the market sentiments) and move on
Clinging Billy
Hold as many as you can and get early small profit at the same time, with this strategy we are more looking for a future project that will let us travel to the moon and have huge gains (we are viewing a 1-2 years profit timeframe) . In order to sustain it, it is highly suggested to gain small profit while leaving more coins in your wallet
This is where your ability to have an eye for good ICO's comes in to play, the goal for this strategy is to be an early bird getting in early and getting out with huge gains.
So choose your token wisely. Do take note that this a double blade strategy chances of getting profit is high and same goes for losing your asset.
So always do your homework and invest at your own risk.
Womanizer Bart
Hookup your mojo into some ladies and leave a seed and move on get your mojo ready to the next lady. lol. This strategy is more focusing on ICO's as the main profit and avoiding bigger holdings as possible leaving one seed is enough.
If wisely invested an average of x2 to x5 gains every month is not impossible.
You just need to put extreme effort in researching to new ICO's and invest getting in during pre-sale and bonuses would boost your gains.
Good Site to check new and upcoming ICO's
http://icodrops.com
http://icobench.com
You may not gain a decent x2 or x5 profit at times however what matters, by the end of the day it is still a gain.
This will also help you minimize the chances of getting hit by a bubble.
Note: There might not be a single strategy that will work for you every time, you just need to evolve your strategy depending on how you view things in a different angle.
Feel free to comment if this is helpful or share your own innovative strategy and I will sure appreciate and up vote them.