Which comming/current ico's do you think have potential?

Hey guys,

I am mainly investing in existing coins, but I am also looking into ico's (this is were the huge gainz are in long term)

I am thinking about Bancor, Sonm, Eos and im currently in Boscoin and Wagerr
(as soon as I have time I will explain this choices)

Which ico's do you think are interesting?

 

Tezos, Bancor, Kin, adToken.

 

wings

 

I believe that ICO is over.

 

bump

 

Ripple

 

Not an ICO, friend.

 

Omise Go and Bancor for now, bought more Digibyte today, spent 1 BTC on DGB just to even out my stack, going to be my retirement fund boys. Already up 1100% on DGB-

 

What could the BAT token sale have raised and what can we infer about the upcoming Bancor token…

 

Ouch, that drop.

 

I already cashed out my DGB when it was at 6,2c, so no worries. Bancor on the other hand raised way too much so I might actually lose a bit on Bancor when it hits the exchange.

 

Status.

 

SONM.

 

This is this first time I will be investing in an ICO. I am a little unsure on how it works.

10,000 Status for 1 ETH (400 USD)

That should mean that on the release of Status, the coins will be worth whatever ETH is worth at the release divided by 10,000. The ETH market is rapidly changing, but it seems to have a lot of attraction. The president of Russia and PayPal have recently given high hopes for ETH investors. That should give some reassurance or validation that the value will continuously rise until it is released on the markets.

I am trying to compare an investment into an ICO like Status compared to an investment in something like Verge. Status would start at $0.07 USD. If the currency rose to even $1 USD, which is completely feasible with its marketing on Blockfolio and other popular media sources related to coins. That would be a 1429% or 14.29x increase in value, which is a $5,714.29 USD profit margin per ETH invested in the ICO.

(This math will be a little pointless because it is 14.29x increase in profit on the $400 dollars you invest is going to be around the $5,714.29. but I am just verifying that by making it more complex than required. )

Compared to an altcoin like Verge which is currently valued at $0.00314454. If Verge were to increase 14.29x in value, it would be worth $0.0449354766. That will give you 127358.77118644 Verge Coins. It is a similar profit margin of $5,722.93 USD.

Now that I have broken it down, and if my math is correct, an investor has to determine whether Status is more likely to go from $0.07 to $1 or will Verge go from $0.00314454 to $0.0449354766. In my perspective, I feel like it is so much more realistic for Verge to flourish up to that price than Status jumping up. I know it is the same percentage increase, but I have been studying the trends of altcoins and noticed that it is much easier for lower costing altcoins to dramatically increase in price of time when compared to higher costing altcoins.

Current One-Year Comparisons:
Name | Percentage Increase |Starting Value
Verge | +3766.67% | $0.0000804
BitBay | +1708.77% | $0.00152886
BitShares | +2692.19% | $0.01373276
Ripple | +1028.57% | $0.0223244
BlackCoin | 393.71% | $0.10567604
Cloak | +714.68% | $0.41
Lisk | 85.34% | $1.77
(Provided by Blockfolio Charts)​

I went through a lot of these on my free time, but I listed seven of them up above that seemed sort of popular during the past year. The interesting part is that I find lower starting value typically means higher profitability. That sort of means the less hype or marketing provided at the starting campaigns, the higher chance the coins value is increase a much higher percentage. I can see a few pros and cons to purchasing a less hyped altcoin.

Pros​

• Higher percentage increase.
• Low value investments have opportunities for very large returns. (Separate that $1000 you were going to invest into ETH into ten lower starting value coins, and obtain more profitability in the next year.)
• Easy to maintain risk distribution.
• Allows the possibility for people interested in the get rich quick schemes.

Cons

• It might be a shitcoin that fizzles out after several months or a few tipping points of a couple hundred percent increases.
• Higher hyped coins typically have better longevity because the developers have a lot of financial motivation due to the campaigns which provide funds for marketing and technological advances. (Those coins are typically better technology if everyone wants it anyway)
• At some point it requires advertisements to get out into the public, to get that massive percentage increase. It might be difficult to advertise an altcoin that started with low funds or a low-end campaign.

​

Therefore, Status is an extremely hyped altcoin with lots of financial background and great technology. Unfortunately the starting cost puts it in a position where the coin would have to be $3 dollars or more to receive the same profitability as placing your money into a low starting value coin, which does not seem very likely. It would be a very long term investment, where you could see high returns within next the 2-3 years. Unless it is just an absolute superstar and skyrockets in price beyond what the typical ICO will do when starting at such a high price. I think it might be like playing the lottery hoping for Status to do that.

I am leaning toward investing in low starting value coins, and ignoring these hype trains like Status. What is your opinion? What makes you want to invest into Status? Are you seeing ICO investments in a different perspective than me?

I am very new to this market, so I am really interested in learning.

Any opinions and perspectives are appreciated, thanks!

 

@Ritysayo Very impressive response, thank you.

Why would you say the coin would have to be $3?

 

Most of my calculations are done based on a 14.29x evaluation of each coin. Based on my observations of previous low starting value coins, they will have a higher percentage increase than a higher starting value currency. Therefore, if we keep the philosophy that lower starting value coins will have a greater percentage increase during the next year, Status would have to match that growth to be worth its investment which is uncommon. I used $3 as an example, but it might be an overstatement. It would technically need to grow at the same rate as its penny stock competitors at the time. If it started at the same time at Verge, it would have had to increase to 2.59 dollars during the past year to match its percentage increase. It would have to increase to 1.19 dollars during that same year to match BitBay. Once again, going for 0.07 to a dollar or even two dollars is uncommon. Just to make history, I will throw off an expected value for it a year from now: 0.60-0.65.

If we keep the philosophy going based on my observations and calculations from my previous post, then Status would need to grow at a much higher rate than our expectations.

Verge One-Year Growth: +3766.67%
Cloak One-Year Growth: +714.68%

Cloak is, of course, the better technology, yet has achieved five times less the growth during the same amount of time. Cloak started at $0.41, while Verge started at $0.0000804. That means Cloak needed to reach $14.65 during the past year to match the growth of Verge. In my perspective, it seems rather difficult for coins to reach that evaluation. To me, it is much more feasible for $0.0000804 to reach $0.00314454 because that market is playing with pennies rather than dollars. I feel like pennies fluctuate so much easier than dollar markets, and my observations on coins seem to correspond well with that concept.

(714.68 * 5 = 3573.4 / 100 = 35.734 * 0.41 = $14.65)

There is a lot of variations involved because you can compare thousands of altcoins, but I would like to think that low starting value coins will keep the trend of being 2x (typically much more) the expected value of high starting value coins after a years wait. My hypothesis is that this occurs because of two particular reasons. The first reason is that their economy is based on pennies instead of dollars. The second reason is that their original starting value is much lower due to the lack of initial investments which could be caused by the pricing of ETH (or whatever currency they accept for investments) at the climb for the ICO or the lack of hype for the coin.

The only time this rule-of-thumb would be broken is when an abnormality occurs, and the higher starting value coin takes off like a rocket ship. Which makes me think, when should we as investors take the gamble that it will be a rocket ship? There are so many incredible ICOs being released, and they all have a fantastic showing of strength for the industry. I am confident in the past years previous ICOs had the same strength for those time periods, and most of them did not increase like lower starting valued coins.

If you are going to invest $2000 into a brand new ICO like Status, you have to rely on it being unique enough to explode in value during the next year from seven cents to over a dollar. If you distribute your risk and split the $2000 between four penny coins; just one of them needs to explode to reach the same expected return as Status. Based on my observations, all four of those penny coins have a significant chance to increase at a much larger percentage than Status. Additionally, you have distributed your risk into different streams, and you have an opportunity to see four coins increase in value instead of one. Thus means you have a greater chance at successfully investing your money.

I hope my rambling clarifies some my previous post. Keep in mind; I am not an expert. I am just thinking for myself and trying to research as much as possible to give my thoughts validation.

 

Great posts, @Ritysayo ! I'm liking it. I'll read into Status some more. I was initially interested but have since moved sights elsewhere.

 

apreciate your response

 

It sounds like saying that ppl shall invest to a penny stock instead of lets say google for example just because the 1c stock is more likely to increase to 3c than $1000 stock to $3000.This attitude is one of the main reason why wannabe millionare "investors" loose dozens of dollars on the penny stock market non-stop. I think your investment decision must be backed by some fundamental/technical research rather than this logic.

 

Except in the virtual currency world, coins do not go bankrupt so easily. If they are placed on to an exchange, they typically have a following and financial support even if it is not to the extent of the others. If you purchase them at their minimum value, you are not going to lose your money that easily. Especially if your distributing that risk through multiple avenues. Now you have to do research on your investments of course. Example, I would not want to invest in Reddcoin or Earthcoin because I think they are dead investments. Yet the Mooncoin is a very promising investment if you are following a similar plan as me.

In the stock market, there are hundreds of thousands of penny stocks. In the virtual currency world, there are only a dozen or more "penny stocks" that you can easily evaluate with a little research. In the stock market world, investing a hundred thousand dollars into four penny stocks would be a much bigger risk than investing a hundred thousand dollars into four penny stocks in the virtual currency market.

I hate the phrase "wannabe millionaire investors". That is hypocritical because all investors wish their stocks would make them millionaires. It is just an insult your yourself and it does not really make any sense to say it. You are choosing a different strategy, which you find less risky.

Of course I want to become rich from my investments. A friend of mine got into the altcoin exchange around two years ago. He made over a million dollars during his first year. Next he taught his brothers and sister how to work the exchange. Now all of them, a year later with a $5000 dollar investment, have a net worth of over a million USD each. They even opened up their own Bitcoin exchange, which seems to be growing rapidly. I am quite envious of their success, and regretful because I have known about Bitcoins since my days spent on Fagex. When I found out about his success, I realized I would probably not be able to replicate his success on my own. I put a hundred dollars into an altcoin I researched, and two months later it grew to three hundred dollars. It might have been a fluke, but it gave me insane motivation. I just graduated with a bachelors degree, and I plan on attended a university to receive my masters degree in software engineering during the Fall of 2018. During the next year I am taking a break from everything and only doing a freelance development jobs. I have a lot of money saved up, and after realizing the virtual currency markets potential, my desire to invest has been incredibly high. Therefore during the next year virtual currency will have my complete attention while I place a portion of my savings into it.

I might be a little overzealous because of my circumstance, but my passion should not be dismissed just because I want to earn financial security through investments. I am giving cited research results and observations, so I would appreciate it if you do not dismiss strategies so quickly and provide an intellectual explanation why it will not work. You should not compare it to the stock market completely because they are very different.

You misinterpreted my previous posts. You must research the different ICO releases and find a fundamental or technical reason to choose those currencies. The only difference is that you are searching for currencies that are not mainstream, did not receive a lot of marketing, and will not start with a high value. Releases like Status are blown way out of proportion by marketing, and it overshadows the fundamental or technical research. Sure, it might be better technology than lets say Verge; but we are not debating what currency in the best in the world. If you are looking for a long term investment of a coin that will become like Bitcoin and explode from 1 dollar to 3000 dollars during the next few years, then I think you looking for a retirement fund and are not really what I would consider an exchanger. You are looking at investing into technology that could easily become overshadowed because of the frequency of new ICOs and better technology being released on a weekly basis. Even Bitcoin and ETH are outdated technology that a lot of people have previously mentioned are sinking ships. It does not necessarily matter if a coin is technologically inferior when compared to others. I have proven this with my observations by comparing the starting value of coins, and showing their growth over the past year. Weaker technology can receive much higher profitability for investors if they are not completely shit, and you are willing to take a certain level of risk. My strategy distributes that risk into four coins rather than one strong technologically sound investment.

As an investor looking to earn money, I am trying to determine the best strategies to approach this market and I must say it is drastically different than the stock market. Feel free to throw statistics, charts, or any research at me that proves my investment strategy is flawed for the virtual currency exchange. Honestly, I would highly appreciate it. I am not the smartest person in the world, nor am I the most educated on investing. It would be great if I learned it had flaws because then I would not do it.