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Topic: Just made a million by investing an ICO with my friend, what now? - page 2. (Read 568 times)

newbie
Activity: 32
Merit: 0
Share the gains with your friend according to your investment. Pull out your initial investment plus some profit, put the rest in another ICO and some altcoins. Rinse. Repeat.
newbie
Activity: 266
Merit: 0
In the world of cryptography, strategy is very important. constantly new developments. the most important of these is ico. ico is very convenient for people who can not follow the stock market in the first place. I would recommend
full member
Activity: 522
Merit: 101
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and after researching on Holdernews for 3 days,
together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?

update:
200x is reasonable since we buy in at the price of PRIVATE SALE
I know, right? The ICO game is rigged... people investing in private sale stage always get the best price...

It sounds like a fairy tale. And most likely it is.
If this is true, then I think it's worth fixing a part of the profit (a third, not more), and invest the remaining money in reliable coins, in promising coins and in new ICO.
full member
Activity: 644
Merit: 101
Wow that amazing but can i know what is name of that ICO? For the better withdraw some of them and put in others different asset like real estate and make new strategy to make that money continue increasing. That money you can turn it to 100 times more if you focus on that and have good risk management.
member
Activity: 224
Merit: 10
The Experience Layer of the Decentralized Internet
A 200X project? That doesn't sound too realistic, even if ICO has a good profit, but it's not so dramatic.
So I'm curious which ICO project will give you such a high return.
legendary
Activity: 2786
Merit: 1031
You're rich on paper, I seriously doubt you'll be able to cash out everything immediately at that value.

Take some profits by selling small portions not to move the price and cause panic.
member
Activity: 266
Merit: 10
I think it's obvious that you should split the money  and re-invest only a small part of it back into other projects.
However, i don't think that there was an ICO that made 200x in the last 2 month..
jr. member
Activity: 280
Merit: 3
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and after researching on Holdernews for 3 days,
together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?

update:
200x is reasonable since we buy in at the price of PRIVATE SALE
I know, right? The ICO game is rigged... people investing in private sale stage always get the best price...


if true, then I'm really glad for you guys! I recommend you to withdraw certain % just in case and continue trading with the rest. Diversify your portfolio and try to give back to community too
jr. member
Activity: 504
Merit: 5
Wow what an amazing news congratulations! I truly believe is ICO and pre_ICO investments to me its more profitable than any other trading except when you invest on scam ICO. This just give me the courage to put more effort on ICO and pre-ICO coin. In life there's nothing that goes without risk and I believe the higher the risk the more profit you get. That's why business is meant and favor those who took risk wisely.
hero member
Activity: 850
Merit: 504
I never believe in stories like that. I think it looks like a primitive ads or post for post. Such stories in life are rare. Among my friends there are no people who invest $ 5,000 in a new project with an unconfirmed reputation. ICO is always a very risky investment. Even experienced investors can not always determine the attractiveness of the project.

Good point  Grin

I think twice too after I read, because here is a man who got a windfall from ICO and did not know what to do with his money. Maybe he is wealthy enough thats why he had no idea where and what to spend his windfall.

Well, if its true then Congratulations then. Look for another potential ICO again and  invest, since you know already since you know how to spot a profitable one. Just repeat  the process again and again.
newbie
Activity: 68
Merit: 0
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and after researching on Holdernews for 3 days,
together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?

update:
200x is reasonable since we buy in at the price of PRIVATE SALE
I know, right? The ICO game is rigged... people investing in private sale stage always get the best price...


Actually the exit is the most difficult decision in trading or investment. Half of your mind say to hold on the investment and the other half say to exit. In order this to resolve this, in every start of investment or trading you need to do the entry and exit plan (trading/investment plan). This plan will guide you in every major decision making. Very simple yet very effective, objective was already set and the execution of plans should be done well.
member
Activity: 224
Merit: 17
Money loves silence, and if it happened to me, I would never talk about it. Therefore, I do not believe in the truthfulness of this message.
sr. member
Activity: 1064
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and after researching on Holdernews for 3 days,
together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?

update:
200x is reasonable since we buy in at the price of PRIVATE SALE
I know, right? The ICO game is rigged... people investing in private sale stage always get the best price...

Today it is best to invest in serious and large projects. It is desirable to have an amount of 50к to get on the white list for the bonus. Learn the essence of the project, read the white paper and learn more about the members of the team.
full member
Activity: 910
Merit: 103
Congratulation , only one ICO project already let you become millionaire, I recommend that exchange 30% to other altcoin or bitcoin , 60% holding and 10% exchange to fiat money and enjoy you holiday  Smiley
member
Activity: 350
Merit: 13
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and after researching on Holdernews for 3 days,
together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?

Come on mate, don't be lying on here. There is no any token which increased until 200x on OkEx yesterday.

P.S we don't ever care what is your friend's name.


Astonishing that most of the replies in this thread is about "congratulations" or "how to divide profit".
I bet most of the people that replied didn't even read the post, either that or they must have a brain size of a fish.

legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
Congratulations, you’ve just struck every ICO investor’s hope with a x200 benefit.

I think you should split your part threefold:
 
- Retrieve part and enjoy (or simply convert to fiat and bank it, although you’ll have to sus out how taxes apply in your country).
- Keep part in hope for a larger growth (although bare in mind that it may have reached it’s peak).
- Invest a part in crypto and future ICOs.

The percentage that you dedicate to each of the above is up to you and depends on many factors. Just bare in mind that, at least for now, only the part you convert to fiat is a sure thing while the other shares are a non-guaranteed investment.
member
Activity: 350
Merit: 13
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and after researching on Holdernews for 3 days,
together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?



I think you have misunderstood.
You probably meant that the Market Cap hitted 1 Million or maybe the Volume?, not that you made $1000000.

From $5000 to $1000000 is an increase of 199900%.
There are no cryptocurrencies or tokens that have had that  amount of percentage increase in the past months.

Lol its not 199900% its about 19990% or 200x


Clearly a mistype. Fixed now.
Anyway the fact is that no tokens or Cryptocurrencies have increased by that much in that time-frame.
hero member
Activity: 901
Merit: 500
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and after researching on Holdernews for 3 days,
together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?

Come on mate, don't be lying on here. There is no any token which increased until 200x on OkEx yesterday.

P.S we don't ever care what is your friend's name.
sr. member
Activity: 630
Merit: 263
I never believe in stories like that. I think it looks like a primitive ads or post for post. Such stories in life are rare. Among my friends there are no people who invest $ 5,000 in a new project with an unconfirmed reputation. ICO is always a very risky investment. Even experienced investors can not always determine the attractiveness of the project.
member
Activity: 392
Merit: 10
just talk with him on how to split the money. That was a good investment though. Congrats on that. Try investing in another ICO if your luck is still with you
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