IEOs are a trendy topic in cryptocurrency, but (so far) they've been a terrible investment to buy once they hit crypto exchanges. Let's take a look at a few recent Binance IEOs and talk about why buying IEOs after listing is a bad idea, unless your goal is to lose money.
Topic inspired by Alex Krüger @krugermacro: https://twitter.com/krugermacro/status/1122879061955465217
We'll also cover the new developments on Tether and Bitfinex and the lack of 100% cash reserves Tether now has.
Shout out to Bitcoin Birch for his thoughts on Tether and banking:https://twitter.com/BitcoinBirch/status/1123260825563799552
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** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**