With all of these new altcoins that gain hype from crowdfunding and initial coin offerings, it seems that the value of any specific token starts out low, then gets pumped high to seem popular, and eventually slowly crashes down. Instead of falling for the ponzi scheme, could you take advantage of it? Is it possible to expect the 'pump and dump' and benefit without being in charge of the scam? In other words, could you invest in an ICO and ride the pump wave and sell quickly to make an extreme profit? Obviously this is only possible if you sell before the leaders of the ICO have a chance to claim that they were "hacked" or that their project had just simply failed. Just an idea
What do you guys think?
