Summary: Investing in an ICO might seem like too much of a risk. But if you think about it for a second, you’ll realize that unlike traditional ventures, ICOs give you the possibility to invest in a disruptive business during the early stages. Going back to the Snapchat example, ICOs allow the average person who doesn’t have the minimum $25,000 to invest in Snapchat before it’s IPO, to invest in the next Snapchat Blockchain startup at pre-IPO type prices. Let’s take Ethereum as an example, the second biggest cryptocurrency regarding market cap, behind Bitcoin. Ethereum had an ICO three years ago, in 2014 and managed to raise $18 million on a pre-sale of their cryptocurrency token called Ether. They issued Ether in exchange for Bitcoin, valued at thirty cents ($0.30.) Although still new and experimental, users saw value in it, and the demand increased. That led to a hike in the price. Today, Ether trades at $160. Now, imagine you had taken a risk and bought $2,000 worth of Ether tokens in 2014 at thirty cents per Ether. Your $2,000 investment would now be worth $1 million after less than three years. Even if you didn’t have much money and only bought $10 worth of Ether, you would have gotten a pretty sizable return on your investment, and you would now have $3,000 in your pockets. You might think that this explosive growth only happened because at that point cryptocurrencies were something new and people were eager to test their profitability. Now that the blockchain network has stabilized, you can’t expect to see such spectacular returns on your investment. I beg to differ. Let’s take Stratis as an example, a blockchain company created to provide solutions for businesses in the financial sector that want to reap the benefits of blockchain technology. Stratis launched last year in 2016 and valued their cryptocurrency tokens, named STRAT, at $0.017 per token. At this moment, one STRAT is trading at $2.81. That’s a 164x (16,400%) return on your initial investment in less than one year. If you would have bought $100 worth of STRAT last year, you would now be $16,400+ richer than you were a year ago. Imagine if you would have taken a bigger risk and invested $5,000 in STRAT. Nowadays, your investment would be worth $820,000+ in less than one year. That’s the beauty of ICOs. Anyone, regardless of their income, country or education can become a millionaire, granted they do their homework and choose the ICO campaigns they want to invest into with great care. http://ianbalina.com/hacking-venture-... Website: http://ianbalina.com Instagram: https://www.instagram.com/diaryofamad... Twitter: https://twitter.com/diaryofamademan Snapchat: https://www.snapchat.com/add/diaryofa...
