Hi there, I was looking at a couple of ICOs on CMC today (especially at Safelaunch) and it's been a while that I started to analyze the "results" of some previous ICOs like Centrifuge, Bytenext and other random coins.
I noticed that their ICO price was way lower even than the very first opening price, so I was wondering if it could be a good idea to regularly take part in these events, and, if an ICO allows me to freely manage the money I placed in it (for instance, immediately taking back my money if my profit target has been reached).
P.S: with "good profits" I don't mean bullshit like 10x, 100x and "to the moon", (obviously everyone has a different conception of "good profits"), but a decent amount of money that allows me to make an accumulation plan, would be great to see other people's experience.
First of all, you should understand that there are a lot of scams nowadays. Developers can just raise money and then do a runner with them. So before investing you had better do careful research.
What comes to taking your money immediately after you see a good profit, it is not always possible. Sometimes it is a lock up that prevents people who buy on ICO from quick selling of tokens, as this way the price will drop very significantly, so everything depends on tokenomics.
