At the dawn of the crypto industry development almost any investment meant great profits: hardly any token or cryptocurrency ever depreciated upon the completion of the ICO and further listing on the exchanges. The absolute majority of the projects guaranteed decent or even extra-high return for investors. This phenomenon can be explained by taking a closer look at the crypto market of that time: the number of people involved in the crypto economy was steadily growing, which in turn led to the astonishing rate of capitalization of the ‘young’ market.
The first cryptocurrency was issued way back in 2009, but it was in 2017 that ICOs experienced their booming growth. Investments that in most cases used to be blind but profitable, today constitute a far more greater risk — investing can easily result in a money loss.
The market no longer provides an opportunity for an ICO project to rapidly grow. Today the competition for potential investors is fierce because of the large number of ICOs, and investors finding it more and more difficult to focus; everyday they are faced with almost unlimited amount of projects and cryptocurrencies. Unfortunately, not every investor has enough resources and time to single-handedly study the latest market trends and prospects. That is why such a tool as CryptoEYE provides investors with a great opportunity to skillfully manage their assets and build up their portfolio.
https://medium.com/zichain/at-the-dawn-of-the-crypto-industry-development-almost-any-investment-meant-great-profits-hardly-a71de878a852
