Normally, ICO comes with the lowest start, right? Recently 'Rocket' coin started with 0.000000100 and I bought around 28000. after a day or two, it goes up to 0.000000600 before it drops back to 0.000000300. So I sold some 5000 coins. So I recover some of my cost, the balance I kept for a better price.
I think a little bit of time should spend on coins before we buy. Normally I check up with the chat groups and forums and listen what they are talking about, then I decide whether to go for it after assessing those chats in the group. Everyone will have their own strategy to go in.
So you dont believe there is much of a drop when they hit the exchanges? And if there is a drop how much do you generally anticipate?
Normally, ICO comes with the lowest start, right? Recently 'Rocket' coin started with 0.000000100 and I bought around 28000. after a day or two, it goes up to 0.000000600 before it drops back to 0.000000300. So I sold some 5000 coins. So I recover some of my cost, the balance I kept for a better price.
You are correct. But sometimes my point is that the coins are overvalued in ICO stage. "Not all of course" but I have just noticed more.
I suppose it could mainly depend on the problem they are trying to solve and where they are in the R&D.
I think a little bit of time should spend on coins before we buy. Normally I check up with the chat groups and forums and listen what they are talking about, then I decide whether to go for it after assessing those chats in the group. Everyone will have their own strategy to go in.