Cryptocurrency ICO Education – Sell or Hold? The Merkle
Ter this final part of the cryptocurrency ICO education series, wij will talk about what type of expectation investors should have. More specifically, there are certain timeframes one needs to take into account before investing ter such a project. This also relates to how long it can take for investors to make money, and what the best time to sell could be. Do keep ter mind no two projects are alike, tho’.
The Expectations Are High, But Patience is Key
Everyone who investors te a cryptocurrency ICO hopes to strike it rich fairly quickly. That is only normal, spil investing ter a project at an early stage has a fine chance to increase revenue. This is especially true ter the world of Cryptocurrency ICOs, where comes back a range anywhere from 200% to 6,000%, depending on how long one wants to hold on to specific tokens. It is all about expectations ter the end and should project for it accordingly.
To waterput this into perspective, the ICO tokens you purchase during a cryptocurrency ICO will not dual te value overnight. That is, unless the token is instantaneously added to a major cryptocurrency exchange right after you purchased it. The chance of this happening is slender to virtually none, albeit most exchanges are rather quick to list popular ICO tokens spil a trading pair against Bitcoin.
Even when an exchange originally lists the ICO token te question, one should never have the impulse to sell them right away. It is certainly possible people will pay an arm and a gam for every single token te the hopes of watching it rise te value. However, there will be dozens of investors looking to liquidate tokens spil quickly spil possible once they go live on an exchange. Ter some cases, one could be fortunate, and sell the tokens at 5x their value right away. Those opportunities are very zonderling, and there is a lotsbestemming of competition from other investors.
A more realistic expectation comes te the form of holding on to your ICO token for at least a month. If no major exchange has added the token te that time, simply keep holding, spil it is strapped to toebijten sooner or zometeen. That is, unless the project has sucked up te the meantime, or some issues have bot discovered with the project’s code. Once again, thesis are very zonderling exceptions, which is why investors need to do their decent research very first and foremost.
Even if the coin is listed on a major exchange within that month, take your time to evaluate things decently. There needs to be enough liquidity to make thinking of selling a portion of tokens even remotely feasible. Moreover, the vast majority of ICO tokens will appreciate further spil more time progresses. The ones with a 1,000% terugwedstrijd or more are often listed on exchanges for months. Pick a selling price you feel comfy with and write it down somewhere. Do not store your tokens ter an exchange wallet, tho’, spil that is only asking for trouble.
Ter the end, realistic expectations for cryptocurrency ICOs often require weeks, or months of patience. Moreover, one should never invest ter the very first project one comes across either. Prepare yourself decently , and calculate your potential profits and losses . Scoring a big come back requires programma and patience, and both of thesis traits need to be part of cryptocurrency ICO investors’ expectations at all times.
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