Is it a good idea to invest in in ICO?

ICO definition

You think you know what’s ICO, right?

Initial coin offering, a way to crowdfund development of a new blockchain-based platform. Funds or social media support are provided in return for tokens that are sold out cheap in the presale so speculators buy in hoping the token will eventually get dearer.

So is it a good idea to invest in an ICO?

In terms of ICOs, the boom is behind us and there is not much to miss this year. So, is it a good idea to invest in an ICO in 2021?

Two things work against each other here:

Bottom line is: Do Your Own Research.

It might be a good idea in some cases.

The way I described the ICO investment, it’s very similar to betting.

That’s something to keep in mind - because in gamble it might be a good idea to bet on the jockey, not the horse: Google some information about the project leaders.

It is usually fairly easy to find out if the leaders were previously related to a failed shitcoin in which case it might be a good idea to stay the fuck away.

ICO Watching Services

There are a few websites that let you monitor new ICOs.

A couple of good ones:,

But in 2021, trading platforms have adopted ICOs and airdrops as well. You can now get information about token launches on big exchanges like Binance or Bitfinex.

Labeled as: trading