Guys... please explain to my why you would invest in an ICO? What advantages do you see in them? I started trading altcoins this year (and did not even know that ICOs exsisted). If someone told me sth. like:
"hey lets plan to make a cryptocurrency but let's not wait until people mine it and trade it... let's better sell the coins with good marketing and figure out what to do then"
... my suggestion would be that you can't raise a thousend dollars like this. And what do you guys do? Invest millions of dollars! I am amazed and puzzled about this.
Now...
I am a noob. I might not know much about crypto. But: As I started trading (or better: as I decided that I want to start trading) I read every single ANN I could. And finally I found it: a little promising small cap coin. With 4 devs, a solid (locked up) premine to cover future funding and with one ambitious goal:
Get the #1 coin for private transactions! The coin started in Mai 2017 and struggled to get listed on exchanges first (bcs. all they list are the shitty ICOs you burn your money with), but eventually they got listed on Cryptopia and Livecoin.
DEV already did prove their skill: they made the frist botnet-prove cryptonight-coin with a genious twist on the diff algo.
https://github.com/sumoprojects/sumokoin/pull/10And at this very moment they are almost done implementing Monero's subaddresses feature, even before monero is able to.
https://github.com/sumoprojects/sumokoin/pull/28And you know what? This awesome coin hasn't even got 1 million dollar marketcap!
To invest here is the one and only reasonable thing to do! Don't be a fool, check it out!
https://coinmarketcap.com/currencies/sumokoin/https://bitcointalksearch.org/topic/ann-sumo-sumokoin-digital-cash-for-highly-confidential-transactions-1905086https://www.reddit.com/r/sumokoinAnd not to forget the speculation: I'd be very dissapoint if this Coin wouldn't reach at least 10$ in 2018!