How do you make money with an ICO?
Posted: Thu Jan 30, 2025 6:57 am
Always make sure that the White Paper contains a lot of information about the developers and that they are experienced, because they are the ones who will bring the project forward. Remember that a bad project with a good team is better than a good project with a bad team. Investment 101!
Consider it a red flag if the whitepaper promises too much, such as a lot of short-term profits, because it may be a scam. Don't be fooled by intellectual words either, always look for clear sentences that make the whole idea explicit.
Finally, what you've been waiting for. The investment part is all well and good, but how do you thailand email list get it back afterwards? It's pretty easy: you sit back and wait. The goal is for the project you put your money into to grow, become important and in demand, which makes that coin expensive and exclusive.
Basically, you sit back and watch the world burn (i.e. buy and sell the coins you already own) and when you think it has reached its peak, you can sell them. Of course, this won't be a 3-day thing, but rather a 3-year thing, I'd say. One of the most successful ICO projects has been Ethereum, where Ether (its currency) in its initial offering cost just under half a dollar, and 3 years later it had surpassed $3,000.
Consider it a red flag if the whitepaper promises too much, such as a lot of short-term profits, because it may be a scam. Don't be fooled by intellectual words either, always look for clear sentences that make the whole idea explicit.
Finally, what you've been waiting for. The investment part is all well and good, but how do you thailand email list get it back afterwards? It's pretty easy: you sit back and wait. The goal is for the project you put your money into to grow, become important and in demand, which makes that coin expensive and exclusive.
Basically, you sit back and watch the world burn (i.e. buy and sell the coins you already own) and when you think it has reached its peak, you can sell them. Of course, this won't be a 3-day thing, but rather a 3-year thing, I'd say. One of the most successful ICO projects has been Ethereum, where Ether (its currency) in its initial offering cost just under half a dollar, and 3 years later it had surpassed $3,000.