Wait, you don't already hold significant amounts of cryptocurrency but you're suddenly going to dump $200K into this ICO? For your sake I hope this isn't your life savings.
But with this rise in the price of crypto I'm getting people asking me all the time how to invest and the first thing I tell them is that if they haven't already opened accounts at the exchanges and gone through verification that it's a long process to be verified to move more than a tiny bit of money. Nobody ever listens, and the exchanges are so overloaded half their verification features don't work right.
1.) I own about $80,000 worth of ETH that I've been slowly buying with my CoinBase account, while getting familiarized with the industry.
2.) The $200k is a little less than 10% of my "Speculative" Funds. I may reduce the allocation down to $100k, depending on what I've determined to be the inherent risk. My questions pertain to that assessment... I'm here to learn from other crypto investors with more experience than myself.
3.) I now know, it's very difficult to get any real money into the exchanges quickly. For this reason, I'll probably be using Bitcoin Suisse AG to buy into the ICO.
The thing I've learned that concerns me the most, is that these ICO's can bust... my biggest questions:
1.) What is the likelihood of the XTZ coin never making it to the exchanges?
2.) What happens to the money invested if XTZ does not make it to the exchanges?
3.) Can anyone site examples of legitimate projects that went bust - and possibly explain why?
Thank you for any help you're willing to shell out.