Interesting piece for your reading consumption.
I’d say the #1 misconception now by intermediate crypto players is the thinking that you “need to do more ICOs to juice up your returns, especially in a sideways / bear market”.
Won’t say I fully disagree, but I don’t think that is very accurate, or else I would be doing that strategy as well.
However, I must say that crypto ICOs are extremely skewed with risk and rewards. For some people, going for obscure ICOs and hunting down low cap cryptos – AFTER FILTERING AND ANALYSIS – can prove to be an extremely profitable strategy.
Then again, this strategy only works with limited value since you don’t want to end up being the only person driving up the price and volume. How can you exit a huge position if the daily trading volume is less than your holdings?
^ This is something …