5 Reasons Why People Are Making A Huge Amount Of Money With Initial Coin Offerings
Cryptocurrency is slowly taking over the entire world. It is not only being used by billion-dollar companies but also by regular people in their households. Cryptocurrency has brought an ease to the process of financial transactions, and now, even teens are taking advantage of the benefits of crypto coins. Their popularity is rising because it has become increasingly easy to make money through cryptocurrency with very little effort.
Why Initial Coin Offerings?
One of the most popular ways to make a lot of money with little effort using cryptocurrencies is by Initial Coin Offering, also known as ICO. Over the past year, ICO has turned many people into millionaires. Although many are benefitting from the use of cryptocurrency, a large number of people are still unaware of this concept.
1. ICO has derived from an already existing concept called IPO (Initial Public Offering). This is where a company offers out shares to investors in exchange for money.
2. Similarly, in ICO, a blockchain company offers to receive funds in exchange for their own tokens or coins. These blockchain companies plan on creating currencies like Bitcoin, Ethereum etc. in the future.
Reasons Why One Should Invest In ICO Today
ICOs have aided in generating millions of dollars of this past year. Some of the biggest performers this year were Metal, Etheroll, OmmiseGO, and Edgeless. The percentage increase in the price of their coins has gone way above 1000%. Read below for the best reasons to use cryptocurrency.
1. Quick Profits
An investment through the traditional forms involves giving money to a company and waiting for them to flourish in the market. The benefits of traditional investments are received after a very long term. You have to wait many months and years in order to reap the fruit from their seed. However, many of us are not that patient with our investments, and ICOs are an answer to our prayers. If you are looking for short-term profits or a quick flip to your investment, ICO economics is the key. They will help you gain the benefits of your investment very quickly rather sticking along for a very long time.
2. Promising Projects
The business of cryptocurrency is a very vast industry. Even though we were not familiar with the world of cryptocurrency in the past, its practices are spreading all across the globe. Not only are multibillion-dollar companies are venturing into the business of cryptocurrency and Initial Coin Offerings, but so are students from college trying to make a blockchain startup. There are so many people involved in bringing out the best projects for this industry, and we are ready for it. The new startups come into this business with knowledge of the market and strategies to not only sustain themselves in the cryptocurrency business but also to conquer it.
3. No sign of slowing down
The stakeholders involved in the blockchain and cryptocurrency business are huge. So many people and resources have been invested into the Initial Coin Offering sector of the blockchain business. The amount of ICOs available shows no sign of slowing down in the near future. This is due to the fact that hundreds of projects are introduced every hour into this business. This reduces the risk of investment to an extreme core and increases the chances of earning more money than actually invested.
4. Increased Demand
With the cryptocurrency business spreading all over the world, more and more people are keen to invest in Initial Coin Offerings. People want to earn more money while they relax at home. The world of cryptocurrency follows the same principle of economics just like any other businesses.
Since so many people are investing into Initial Coin Offerings on a regular basis, the prices of the coins and tokens created by the blockchain startups or companies are also increasing.
5. Price of coins and tokens increases by 2000%
The short-term and quick profits, promising projects and increased demands have made the value of various coins and tokens shoot up to more than 2000%. Major investors have thousands of coins and tokens in just one blockchain company. The increase in the price of these coins and tokens has converted millionaires into billionaires. However, their effects are not just making the richer rich. When small investors or even regular people who are not interested in investing, invest in ICOs, the return on their investment is also huge because of the increase in the price of these coins.
There are many examples of cryptocurrencies that have multiplied the value of their coins and tokens (Eg: Bitcoin) by even 5000%. After Bitcoin, many other competitors came into the market. New startups that are coming into the market are coming with new strategies to market their coins and tokens and are willing to fight very hard to increase the value of their own. This is the reason why investing in ICOs is helping investors earn more as they are investing in these startups through Initial Coin Offerings.
The ICOs that have recently been reliable picks to double or triple in price in the short term are Global Jobcoin (ICO Price: 0.56 USD) and Verdict (with a client base of more than 5000 along with an ownership of about 4 job platforms in 4 countries). In the most recent news, the Jobcoin is also expected to reach a base price of USD 10 in a matter of few months.
Take advantage of the benefits of initial coin offerings and make an investment today!