Topic: I have $150 Ethereum. How can I grow/increase this amount? - page 14. (Read 2590 times)

One of the best recommendation is to invest in ICO's because they offer the best rate of profit if everything goes well and you can make even 1000$ from those 170$ of yours. But the problem is that not all ICOs are successful and also some of them could scams and stole all money invested even if they look very promising.

Another way you can increase your ethereum is by trading low price coins. There are some coins that modify their prices every hour moving up and down. You find one of this coins and buy when the price goes down then sell after the price goes up and you got a little profit. Then you repeat this process. It is just a recommendation,this is a dangerous method because you can lose you money very easily if you dont pay enough attention. Study everything before doing this.

Do you want to grow the dollar value of your ETH or grow the amount of ETH? If you want to grow the dollar value, you can easily do so by holding on to ETH. Once market recover, you should be able to see ETH price increase and hence the dollar value is higher than now.

If you want to grow ETH, you can use it to invest in promising ICO project or altcoin. However you have to do good research to find the next X10 or X100 project.

Accept my recommendation as a manual for checking any ICO:

1. On preico, the group must have an agreement for programmed exchange of assets with endorsed conditions for early financial specialists - not handles like numerous do, in particular those recommended in a brilliant contract - generally the gathered assets can basically advance the funders or conditions will change amid the play - instances of parcels.

2. The agreement for preIСO ought to be a piece of an expansive ICO contract - not diverse coins - it isn't protected as far as vulnerabilities and withdrawals.

3. The agreement for preIСO and after that the ICO ought to be enlisted lower and upper obstruction - if this isn't the group does not realize what it needs - only a trick.

4. The agreement for ICO ought to be escrow of the assets got because of situation - it can be a frieze or multisec with a voting condition. This will give you an assurance against the consumption of assets sooner than the group finished the past stage.

5. In the agreement, a genuine discount ought to be recommended if the lower furthest reaches of the gathered pool isn't come to. It is in the agreement and not in the white book, on the off chance that it isn't - filth.

6. All agreements must be posted on GithHub, this will empower outsider engineers to check the agreement for the helplessness if the group has not taken care and before the ICO has not posted an abundance on the weakness.

7. The agreement must determine the conditions for the group and for the abundance.

8. The agreement must determine the conditions for not exchanged tokens - with obviously characterized due dates

My friend you have 2-3 options, either invest in a quality ico, trade on exchanges or invest this amount in couple of best alts and hold till good times, just pick the one option that suits you the most and follow that.

Yeah if you want to increase the amount of your 150$ on ethereum i recommend you to buy another coin because ethereum price now is falling down

Indeed. And at the state of the market right now, the best option for you would be to keep it in your wallet and wait for the market to recover. With how low the the prices of coins dropped, definitely there will be good profit simply by waiting it out

ICO stands for Initial Coin Offering. An 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 venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin. Here's a link if you want to understand more about ICO.
https://www.investopedia.com/terms/i/initial-coin-offering-ico.asp

ICOs can make you profit and could also lose your investment. It takes a lot of courage and research if you want to invest in ICO. You should know the people behind it and what it can offer to the public but still there's no assurance that it will succeed.

If you're looking for a long term investment I highly suggest that you better just hold your Ethereum since it is one of the most promising innovations when it comes to cryptocurrencies so no doubt that it's value will increase in the near future. I'v bumped into an article saying that Ethereum's value could triple this year. Here's the link https://smartereum.com/2279/ethereum-price-predictions-2018-cryptocurrencys-value-triple-high-can-price-ethereum-go-2018-sat-apr-7/

Goodluck with your investments and happy hodling!

Take my advice as a guide to verifying any ICO:
1. On preico, the team must have a contract for automatic transfer of funds with prescribed conditions for early investors - not handles like many do, namely those prescribed in a smart contract - otherwise the collected funds can simply enrich the funders or conditions will change during the play - cases of lots.
2. The contract for preIСO should be part of a large ICO contract - not different coins - it is not safe in terms of vulnerabilities and withdrawals.
3. The contract for preIСO and then the ICO should be registered lower and upper barrier - if this is not the team does not know what it wants - just a scam.
4. The contract for ICO should be escrow of the funds received as a result of placement - it can be a frieze or multisec with a voting condition. This will give you a guarantee against the expenditure of funds earlier than the team completed the previous stage.
5. In the contract, an unconditional refund should be prescribed in the event that the lower limit of the collected pool is not reached. It is in the contract and not in the white book, if it is not - scum.
6. All contracts must be posted on GithHub, this will enable third-party developers to check the contract for the vulnerability if the team has not taken care and before the ICO has not posted a bounty on the vulnerability.
7. The contract must specify the conditions for the team and for the bounty.
8. The contract must specify the conditions for not traded tokens - with clearly defined deadlines.

Most ICO’s now are not secure and some are scam, So better to invest your 170$ in most secure coin. But your already holding a good coin which is Ethereum so better hold it because for now its price is down but it will surely upswing its price maybe by the end of the year.

If you want to grow you can try by day trading ethereum or buying other altcoins and sell them for more eth than you originally bought them for.
I wouldn't try out ico's yet (initial coin offerings), especially if you only have 170 and are new to the field.

Dear expert money maker members,
I have $170 Ethereum as now rates. How can I grow/increase my dollar?
Someone recommend for invest in ICO progream. But I dont know very well about ICO.
Can you tell me What is ICO? And should I invest this?