What I will share is called ICO investing. Basically we participate into a crowd sale of a certain company to buy their coin/token.
After a few days to a week these coins we bought are listed into exchanges, Depending on the exchange size our bought coins/tokens can now go bear and dip or go up and multiply.
There are 2 main strategies in ICO investing:
| Flipping | Holding |
|---|---|
| 1 Time cash in | Unlimited Funds |
| Liquidity | Content in the second column |
| FInding the Hype train | Searching for HQ projects |
| Try to do crypto 24/7 | Has hectic day jobs |
What I will discuss is called Flipping.
This strategy is perfect for people who has minimum budget but can hustle.
Our main objective is to multiply our primary fund and start building it from there.
Here's a simple monthly computation on how we can start with ₱5,000.00.
| Months | Cash in PHP | Cash in USD |
|---|---|---|
| 1 | ₱5,000.00 | $100.00 |
| 2 | ₱10,000.00 | $200.00 |
| 3 | ₱20,000.00 | $400.00 |
| 4 | ₱40,000.00 | $800.00 |
| 5 | ₱80,000.00 | $1,600.00 |
| 6 | ₱160,000.00 | $3,200.00 |
| 7 | ₱320,000.00 | $6,400.00 |
| 8 | ₱640,000.00 | $12,800.00 |
| 9 | ₱1,2800,000.00 | $25,600.00 |
| 10 | ₱2,560,000.00 | $51,200.00 |
| 11 | ₱5,120,000.00 | $102,400.00 |
| 12 | ₱10,240,000.00 | $204,800.00 |
After buying the tokens/coins and it now hit the exchanges like Bittrex, Binance & Poloniex, these coins usually multiplies in terms of USD/BTC/ETH value. Once it reached a certain peakness it is the time we cash out.. Usually on super hyped ICO's it will do a 5x minimum such as what Quantstamp [x6], Power Ledger [x10], 0x Protocol [x9] did.
In my simple graph, we will aim low, for only x2 ROI monthly.
Conclusion
In aiming our money to x2 ROI monthly, we can achieve our first million around 9 to 12 months span with a minimum of ₱5,000.00.
Topics I will posts very soon
- How to choose the right ICOS
- Where can I learn more about ICOS
- Gains and Loses
- and etc
So better stay tuned!
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