Title: Strategy Of Pre-Sale ICO In Cryptocurrency
1Crypto World At Your Finger Tips!
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2Strategy Of Pre-Sale ICO In Cryptocurrency
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3If you have been following the latest ICO news,
then you must be getting the updates regarding
the ongoing developments in ICOs. But have you
ever heard of pre-sale ICO? If not, then no
issues, because most of the people who are
familiar with cryptocurrency dont have much idea
about it. But if it is co-related with ICO, then
it becomes important to gather knowledge about it.
4- A pre-sale ICO is a situation when the selling of
the group of coins takes place before the ICO by
a token team. People can be found much
interesting to know about tokens at the beginning
stage, before any hype surrounding retail take
place. If you aim to experience gains one after
another, then it becomes important to discover
tokens in the early stage. - These pre-sale ICOs do not only provide benefits
to investors but also give an advantage of
instant funding to the development team. Besides
this, it is also helpful in creating buzz
regarding Initial Coin Offering. But it does not
seem so flowery, as it appears to be. We are
saying this, because of the threats and drawbacks
involved in it.
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5- If you have been reading blogs on
cryptocurrencies, then you must all probably know
about the concept of ICO as initial public
offering activity for digital currency. When the
tokens are available publicly, investors take
benefit of this opportunity by buying them. - They mostly go for big choices like Bitcoin and
its closest competitor Ethereum. Buyers are in
awe of fresh token that could prove worthy as a
good fortune for them. Where instant required
funds meet the need of a development team, a
pre-scale ICOs lands everyone in a difficult
situation. - A pre-sale ICO is like a cousin to ICO with
different characteristics. It shares some
conceptual similarity with ICO during its
appearance in a few months. Money is swapped for
tokens by the early enthusiasts.
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6- You might be familiar with the benefits of ICOs,
but you are unaware of the fact that the
advantages of ICOs dwell on pre-sale. Buyers who
are holding tokens aim to churn out bigger profit
from it. Funds which are given to development
teams happens in the most crucial time. - It took much time in generating of the coin
during the early days. It all included penning
software, promoting a token, recruiting new
employees. For a useful cryptocurrency, funding
is essential. So in that case, a pre-sale ICO
will provide you with a good back-support for
financing in necessary need.
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7Risks Involved In Pre-Sale ICO
- Now as we mentioned earlier, that concept of
pre-sale ICO is not all flowery because it has
its downsides and risks, both for the development
team as well as investors. So it all indicates
that all those pre-sales tokens which are hold by
buyers have no worth at all. With the appearance
of real ICO, the excess of available tokens might
lead to downward value. Development teams must
take responsibility to alert investors with
short-sightedness. It has been noted that after
an ICO, buyers in pre-sales ICO steps back and
discard the tokens. Even though it promises you
with profit, still, it doesnt seem okay if the
tokens are sold off at the initial attempt. In
cryptocurrency, ICOs can either prove successful
or failure. Circulation of any bad news can
affect the coin in the most crucial period.
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8Conclusion It is important to understand that
pre-sales are often vulnerable to big investors
and whales. Most of the available tokens can
easily go into the large pocket of these large
investors. Much akin to ICOs, pre-sales comprise
both risk and rewards on a bigger level. So it is
big advice for both investors and the development
team, not to trigger for pre-sales blindly. Think
hard in place of taking a hasty decision. To know
the latest ICO listing, stay abreast of crypto
news. Sources https//www.cryptoknowmics.com/tag
/ico-news
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