Buying and holding coins is not as profitable as it was used to be.
Thus, I decided to be working and investing in promising ICOs.
Once the ICO is over I normally sell all the coins/tokens.
I recently discovered, few weeks after the ICO the value of coins/tokens normally drop by a minimum of 30% - so that is my entry level again.
Meaning once I noticed that, I'll just go ahead and rebuy the same coins/tokens at cheaper rates. By doing that, I can make lots of profits.
Share with us what you think about my latest strategy, thanks
It does not happen as always.
There are some time when after the ICO the value of one token is higher than the expected price.
So you will need to find out the tokens which have that kind of result.
So listing the ICO price is needed which is a lot of work.
A portfolio will work but how about capital.
With small investors they will need lists that have the cheaper price like just cents per coin.
It is a good strategy though. I have seen some of it and I regret why I didnt buy when I saw it drop already.