Cryptocurrency: A Guide to Understanding Cryptocurrency ICO Investing, How to Spot Profitable ICOs & Make Gains on Your Capital with Blockchain
By Sean Bennett
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About this ebook
This Book Will Show You How to Make Massive Multiples on Your Money
Cryptocurrencies have been referred to as 'Digital Gold'. ICOs are a way to make your own gold.
ICOs are the new gold rush & land grab.
If you had invested just $100 into Bitcoin when it was worth just $0.10 per unit and sold in the fall of 2017 when one unit of Bitcoin was worth around $19,000 then you would have made a profit just shy of $19,000,000. While this ship has sailed, there are plenty of new cryptocurrencies coming online every week and you can be part of them now.
If you are interested in getting in on the ground of the next big thing in the cryptocurrency space, then Cryptocurrency A Guide to Understanding ICO Investing is the book you have been waiting for.
In this book you will learn about:
• What are ICOs
• ICOs and altcoins
• How to make smart ICO investments
• How to do your own research on new ICOs
• Mindset of investing in ICOs
• External pressure
• Cryptocurrencies, ICO & taxes
Not only will it cover this, you will also learn about:
• Tips for deciding which ICOs are smart investments
• The core details you need from any ICO to know if it is going to be successful
• ICO investment strategies
There is currently no opportunity like ICOs. Get into ICOs & get into the hottest investment opportunity since the tech & dot com boom. Impress your friends with your knowledge from this book. Get this book today and learn the basics. Start learning & investing in ICOs today!
What are you waiting for? Take control of your financial future, go ahead and BUY NOW!
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Book preview
Cryptocurrency - Sean Bennett
Introduction
Congratulations on downloading Cryptocurrency ICO Investing: A Guide to Understanding ICO Investing and thank you for doing so. While the opportunity to invest in Bitcoin while it was under the $100 mark may have passed you by, there are plenty of new cryptocurrencies on the horizon just waiting to take the world by storm, bringing profits to its early adopters in the process. Initial coin offerings are a great way to get in on the ground floor of one of these new cryptocurrencies by ensuring that you will pay the best possible price for the cryptocurrency in question in exchange for taking on additional risk.
Separating the wheat from the chaff when it comes to future ICOs can be easier said than done which is why the following chapters will discuss everything you need to know to see a successful ICO investment through to fruition. You will start by learning all about ICOs and the many pros and cons associated with investing in them. Once you have decided that ICOs are, in fact, for you, you will then learn everything you need to know about making a wise investment, as well as what you need to do in order to actually take the plunge and invest in your first ICO.
From there you will learn all about the proper mindset required for investing in ICOs successfully as well as when to hold on for dear life and when to cut your losses. Finally, you will learn all about the unique issues that investing in an ICO raises when it comes to paying taxes.
There are plenty of books on this subject on the market, thanks again for choosing this one! Every effort was made to ensure it is full of as much useful information as possible, please enjoy!
Chapter 1: All About ICOs
In this chapter you will learn...
What are ICOs
ICOs and blockchain
ICOs and altcoins
While a vast majority of the talk in the cryptocurrency space has been around Bitcoin since it first broke onto the scene in 2009, 2018 is looking increasingly like the year that will buck this trend once and for all. As of March 2018, there are nearly 1,500 different cryptocurrencies on the market, with more coming online each week. From an investment standpoint, this means that there are already plenty of potentially viable alternatives to Bitcoin out there with plenty of more potential money makers on the horizon.
What are ICOs?
These days, the primary way that new cryptocurrencies break into the scene is through what is known as an initial coin offering (ICO). While the name comes from the initial public offering that a company will go through when it goes public for the first time, the two activities are quite different. When utilizing an initial coin offering, the company that is planning to release the cryptocurrency does so at an extremely low rate as a means of funding either the release of, or less ideally the creation of, the cryptocurrency in question. Those who invest early are taking a risk that the new coins they buy will ultimately jump to a price that is greater than what they initially paid once it hits the market.
In fact, other than a similar naming convention, the ICO and the IPO have very little in common with one another. The IPO is an