According to the study, an average investor earns returns of 179% from the ICO price to the first day’s opening market price. They earn 82% even if there is a lag of more than 60 days after listing of tokens and 48% some 30 days after trading begins.
Read moreHow does an ICO project make money?
For ICOs, crypto companies raise funds through the sales of coins or tokens . In both cases, investors are bullish, whether about the company or the cryptocurrency, and invest based on some belief that the asset’s value will increase over time.
Read moreIs ICO investing profitable?
Investors receive cryptocurrency in exchange for their financial contributions. In many ways, an ICO is the cryptocurrency version of an initial public offering (IPO) in the stock market. While it’s possible to make sizable profits through ICOs, a lack of regulation makes them extremely risky .
Read moreHow do I trade ICOs?
How To Buy ICO Tokens in Four Steps
Read moreWhy is cryptocurrency so important?
The advantages of cryptocurrencies include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure . The disadvantages of cryptocurrencies include their price volatility, high energy consumption for mining activities, and use in criminal activities.
Read moreCan crypto be converted to cash?
Cash-Out Methods. There are two main avenues to convert bitcoin to cash and ultimately move it to a bank account. Firstly, you can use a third-party exchange broker . These third parties (which include bitcoin ATMs and debit cards) will exchange your bitcoins for cash at a given rate.
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