Guys here is an article I wrote on IoTchain I hope you enjoy reading it 
https://steemit.com/iot/@cnote328/recent-activities-on-iotchain-itc
https://steemit.com/iot/@cnote328/recent-activities-on-iotchain-itc
i've heard of ITC 6 months ago and look it up and i actually liked it but did not invest at the time and today i was here to ask about recent updates and activities in the project and i found your article. great job i'll be keeping and eye on it looking for a nice entry now
It’s always great when you find an old token that you looked into before, also you have the opportunity now to see how well the ITC token has performed in the past before you invest. There’s good money to be made on this token and it’s an excellent trading opportunity.
Most of the tokens go down after listing due to bounty hunter dumping or impatient investors booking small profit, but that gives opportunity to long term investors to buy good quality Tokens. I think ITC can be considered for investment.
I think the drop can also be attributed to the fact that many ICOs do not have much progress to keep others excited and willing to invest and buy; since many would buy because they know they price would moon.
Yes I agree that’s a big reason why markets are down, the market is FLOODED at the moment with ICO projects and airdrop tokens that no one really cares about, I think a lot of investors are moving out of these projects which is causing the bear market we are in because people are very eager to exit the markets.
For me when this happens you need to look to projects like IoT Chain that are working on something special and have an experienced & well established team. The updates they are providing weekly give a lot of good news especially about development on the main net that is planned to release in December.
There are a lot of good tokens you can buy during this bear market due to the massive drop in prices providing huge discounts. ITC token for me is a great option because the entry point of around $0.60 is ridiculously low. Imagine buying a 1000 tokens now for $600 and say in a years time it went back up to ATH of $9.00. You would have made $8400 and an ROI of 1400%, that’s incredible potential right there.
that's a nice calculation, 1400% ROI would be great. But I am sure you are right, even if I would go further. in 2 years, the ATH is certainly well over $ 9 :-)
1400% return is huge. Based on the current development/status, partnerships, I this its possible that ITC will reach its all time high of $9 or may go beyond that based on the future progress of this project.
