Investing in ICOs During Cryptocurrency market downturn: Should You Do It?

ico initial coin offering

Before putting money into a new cryptocurrency ICO, you must understand all its strengths. This implies that you aren’t investing with hope of benefitting for the short term. You want long-term growth after the coin is launched in the market. Cryptocurrency market downturn should not be your main concern when you invest in ICOs. Always approach ICOs like the venture capitalists consider startups.

Also, the crypto market, just like all other financial markets, fluctuates all the time. So, whenever it goes down, investors can be certain that it will go back up after some time. This is why the movement of the market shouldn’t be considered when planning to invest in a new cryptocurrency ICO. Your main concern should be the ICO’s quality. If it is a top-notch project, it has a greater chance of rising in value.

SEE ALSO:   Cryptocurrency market valuation to hit $1 trillion this year -Cryptocurrency Predictions 2018 - News Analysis-Thu Jun 21

Improved Anti-Scam Protection?

On the other hand, during a Cryptocurrency market downturn, it is easier to tell a scam from a good quality ICO. As you know, during the Bull Run, especially when the market shows promise and everything continues to rise, many low-quality ICOs are advertised and hyped. During this time, it is risky to invest because you could lose your money.

Also, investing in a crypto fall is sensible because they have a lower price value. During the downturn, for every dollar spent, investors get more ETH. This means that it is possible to purchase more tokens for a smaller sum. However, during a bull-run, investing in ICOs is different. This approach won’t work for this scenario.

SEE ALSO:   The Real Reason Behind Bitcoin's Price Crash Revealed -Thu Jun 21

During bull-runs, ETH is quite expensive. For every dollar you hold, you will get a particular number of ETH. This also means that you will have a reduced number of tokens in the Initial coin offering you’re planning to invest in.


Legal Disclaimer: The content of this website ( is intended to convey general information only. This website does not provide legal, investment, tax, etc advice. You should not treat any information on as a call to make any particular decision regarding cryptocurrency usage, legal matters, investments, taxes, cryptocurrency mining, exchange usage, wallet usage, initial coin offerings (ICO), etc. We strongly suggest seeking advice from your own financial, investment, tax, or legal adviser. Neither nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from

SEE ALSO:   Bitcoin Price Predictions: 2018 could be the best year for the Bitcoin -BTC News TodayThu Jun 21

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Get Smart About Crypto!

Promise we won’t spam you!

We Are Hiring

Click here if you would like to join one of the fastest growing blockchain news companies in the world!