What is ICO Cryptocurrency? This is the loss and profit of ICO investment

What is ICO Cryptocurrency? The question has been asked to me related to its current development. Understanding ICO in the bitcoin world is still not much to understand because it is still relatively new.

Then also the question of what are the advantages and disadvantages of ICO investment?

All that I will explain in this simple article, hopefully you can immediately understand it.

Currently a lot of developers use this method to raise funds. And the amount collected quite a lot.

Actually, ICO was first performed in 2013 and the first coin released from ICO is coin Mastercoin or OMNI. A cryptocurrency and Blockchain-based communication protocol that has collected many tokens in July 2013 at the Bitcointalk.org forum.

What is ICO?

ICO stands for Initial Coin Offering. Initial means the earliest, Coin means digital token / coin and Offering means bidding.
Thus, ICO is the earliest coin offering before it is launched into the free market.

What is the Purpose of ICO

The purpose of ICO is on offer by the developers where their goal is to raise funds to develop the project that they do in this case is a digital coin.

They need funds to maximize the projects they are doing so they can quickly grow and be completed as soon as possible.

What are the advantages of ICO

Advantages of ICO For developers, they will get financial support to accelerate the projects they develop so that they can be enjoyed by many people.

For investors will get token or coin that can be traded freely in the market exchangers.

The advantage for investors who follow ICO before the coin is launched to the free market is the price given will be cheaper.

And usually when the coin is launched the price will rise up to more than 5x from the price of ICO.
This is what makes investors enjoy this ICO.

What are the Disadvantages of ICO

Behind the profits there must be a loss. Because ICO is investing in nature then we spend money and give to third parties and the money may not be used according to the agreement when the ICO is carried away without any explanation that is clear or more familiar with SCAM.

Several things become the problem of SCAM when the ICO is not clear project, the purpose of collecting funds made by developers and teams that are not clear or not plastered. Usually this will be explained in the whitepaper.

What is the relationship between ICO and IPO

IPO is Initial Public Offering which is an investment in a company such as google, facebook and will get a share of the investment.

The most striking difference of IPO and ICO is that the IPO when it wants to raise funds should be.
through many regulations such as government institutions, financial institutions, permits and this is not fully acceptable later.

While ICO is more simple and easy without going through complicated regulations such as IPO and can be followed by anyone who wants to make an investment. Uniquely, there is no minimum limit to invest in ICO.

Forms of ICO Investment

ICO is used in online investments which are more inclined toward digital currencies or cryptocurrencies such as bitcoin which is the first cryprocurrency.

How to Invest ICO

Buying ICO coins certainly does not lose, because the initial price of coin is low and still has the potential to increase.
Why potentially going up? because this coin is new.
For stacking (deposit) is given a great advantage depending on the coin.

ICO investment now:

 The advantage for investors who follow ICO before the coin is launched to the free market is the price given will be cheaper.

When the coin is launched the price will jump up to more than 5x the price of ICO. This is what makes investors enjoy this ICO.

The deposit bonus from ICO is sometimes the target of investors, usually ICO gives deposit bonus up to 45% / month:

• Join Regal Coin (REC)

• Join Hextra Coin (HXT)

• Join EthConnect (ECH)