The recent ICO phenomenon has changed the way companies finance the development and operating costs of their businesses. Sometimes it's hard to understand that investors will part with their hard-earned cash for something that has never been made. But this is exactly what happens in the world of blockchain and cryptocurrency.
The main difference between you, is that with an IPO you can use a part of a company that is commonly used, with ICO, you have a digital coin issued by the company. Typically, the currency is among several types of users. Increased demand increases the intrinsic value of the currency can even reach thousands of percentages. To make this in your perspective, the S & P 500 rose by 132% in 2017 while one of the 20 best ICO players rose by more than 20,000%. The benefits are not always guaranteed, of course, so how to choose the right ICO as a medium of investment.
I wouldn't like to compare cryptos ant stocks as the same investment type. I would say it's more cryptos and forex where you can find a lot of similarities. The main one - SPECULATION. Most of investors (small) are not really analyzing where they invest money. Everything is about getting fast profit. If ICOs will be regulated in the future, and I do believe it will happen, then returns will not be the same as now. Maybe it will not be a lot higher than S&P 500, but still we'll have a chance to diversificate our portfolios.
Its a good sign for any ICO, there is many of them, gathering their softcap in months, but those who do like this are interesting.
I think it's a positive sign. There are thousands of projects in the market and it's really hard to raise money for each. It's not the same as at the beginning of 2017 when projects were hitting their hard caps in few hours. Actually I'm following one project Welltrado and they successfully reach their soft cap (during pre-sale) and today they are starting their ICO campaign. Looking forward to see how they will end with a hard cap.
Hi all,
What do think about Welltrado (welltrado.io)?
I saw Celcius network already raised 30M usd, do you think Welltrado could raise more?
I would like to invest in this ICO, but i'd like to hear some more opinions.
Cheers
they have some intersting moments like participation in different business acceleration programs. Their future goals are also realistic. I think their project is quite promising and will body even in slow time
Exactly! I really like that fact that they participated in several acceleration programs. It means they have been working/developing this project for a while. Do you plan to participate in Welltrado's ICO campaign?