Hello fellow community members,
Recently I saw lots of people announcing new altcoins. They're planning to launch ICO soon. But I was wondering if we should invest in ICO with proven business which will reduce the risk of our investment or go big with ICO project that we believe in but it starts from zero?
The trend of ICO is everywhere and lots of SCAMS is happening. Therefore, viewing ICO from risk management perspective is also important. What do you guys think?
"Price is what you pay. Value is what you get." - Warren Buffett
Indeed, there's a lot of ICOs had been ended as scams and fraud and that's why most of the ICOs today are having hard time on attracting investors due to some fear and trauma as being victimized by scammers and their hard-earned money were lost like a bubble.
But aside from those unfortunate scamming, there are some ICOs that bumped crypto exchanges and coinmarketcap.com so I don't think investing on ICOs are better because seeing them on coinmarketcap list has more worth of investments than just investing on ICOs or on their early stages.