One of the ways to profit is the rapid trading in ICO projects in the sense of buying during the ICO and selling directly when the currencies fall on the trading platforms
To achieve this, there are certain conditions that must be met
1 - Bonce
Is considered the most important condition in the way the higher the bonus is whenever the opportunity to sell directly when the currency on the platforms larger and preferably the bonus is greater than 25%
The fastest cases in which direct selling currencies occur when the bonus exceeds 50%
2 - Number of members on the tag
The greater the number of members participating in the group, the greater the opportunities in the direct selling process because there is a large fan base, especially if the reactions to the success of the project
3 - Study of the project
The purpose of the study of the project in this case is not to determine the strength of the project, but the purpose is to know the seriousness of the project and the project is not fake (Scam)
Prototype
The prototype is an initial alpha or beta version of the program used on the project. If it is found that the initial model of the project is not ready and has not yet been issued according to the schedule,
- Limitations
You must read the terms of participation in the ICO well. Some projects put a restriction on the bonus for a specified period of time so you can not sell the bonus before a specified period of time
In addition, some projects take a long period of time before descending to the platforms up to 3 to 4 months in some cases and therefore you should avoid them
6 - Quantity of Currencies Offered Circulating Supply
Unlike usual, in this case, the supply is not preferred because it is considered an auxiliary factor for buying rather than selling
It is best to range between 500 million and 5 billion currencies
- Market decline
The lower the market, the better the result is because the sale is dominant in this case. In addition, since your purchase, until the moment you sell, your capital is frozen, while if you remain in the market,
Conclusion:-
Fast trading on ICO is a good way to profit especially in the falling market, provided that the above conditions are applied to reduce the risk ratios