I'm monitoring and ICO that's been going on for a month and I have a couple of basic questions:
1. You have to use ETH to but this particular token. As the ICO goes on, the token price changes. I.E. for some people, they paid 0.30 cents a token but now ETH has dropped and they are paying 0.20 cents. Is that better or worse?
2. When you make the purchase in the ICO, doesn't it lock-in the price? Or will it fluctuate until the end of the ICO and THEN execute the purchase. I.E. it doesn't matter what you paid at the time, it matters what you paid at the conclusion of the ICO?
1. Its the same.. throw out USD value when trading and only focus on BTC/ETH... sometimes you'll lose but more often you'll win.. if you're in the cryptocurrency game you should bet eth or btc will beat out USD and often if not all times they will. Use the same philosophy when selling the token.. if you lose ETH comparitive value it was a bad trade.. gain ETH and it was a great trade.
2. Locks in the price.. again the USD fluctuation doesn't matter.. if its 3000/ETH it'ts 3000/ETH, regardless if eth goes up and down.. a lot of times early adopters will get bonuses for early participation but thats the only variance you will get.