Does anyone here think of investing with altcoin? IMO, maybe a short-term investment
with altcoin during the ICO it is the best investment at this time. We know, after the ICO ended,
usually the coin price would go up 2 x. It was very profitable to us.
with altcoin during the ICO it is the best investment at this time. We know, after the ICO ended,
usually the coin price would go up 2 x. It was very profitable to us.
It would go 2x in price but not right after the ICO ended. After the ICO ended, the campaign participants usually just dump all their coins because they don't really care about these trading. They just want to get their bounties in bitcoins form so they can cash it out.
Usually it takes a month or two before even an ICO can go back to its ICO price. One example of a recent ICO that hasn't come back to it's ICO price yet is VSL or vDice. They have so much participants in the bounties so their coins was dumped really hard and up to now, they're just halfway to their ICO price. It's not a promising market and this is usually the scenario when the devs don't do much improvement, tbh. But we don't know what'll happen in the coming months.
I think KOMODO did the same thing but they just made those who joined the campaign pick if they will be paid thru bitcoin or KoMODO.
The good part is they are offering 10 percent more to those who want their money given with their own. That could really spike the price of that altcoin and somehow good approach. Conclusion is almost all picked the KoMODO token.
