Bitcoin ethereum or maybe ICO Token?
(the ICO CustomCoin Platform team for crypto investors)
Yes! These are the most important questions for newcomers in investing. It is just enough to enter CoinMarketCap and the cryptocurrency market provides an amazing diversity and choice for you. The newcomer has questions about what to buy. And is it worth buying? How does one coin differ from another? What are the differences in functions of each separate currency? Than a token is better or worse than a high-grade coin? To understand all this chaos, let’s start with the very basics — with the grandfather Bitcoin. It’s a coin from which it all began. The idea that bitcoin suggested was blown up by the world community. Until recent times it got so popular that everyone wanted it just to obtain. No one will ever see such a high jump! But the excitement fell down, people are used to crypto currencies and the price of bitcoins went down. The alarmists started screaming that bitcoin is a bubble, bitkoin ia s pyramid, bitcoin is about to burst out! Articles appeared about whether crypto currency was needed in general. Do we really need it or not? In order to understand this let’s look at what services bitcoin offers us. We always pay for the goods, not for the beautiful idea.
Well, firstly, this is a way of sending money without the participation of any banks, it means that in this case, the bank is you, you have full control and no one will take your money even if you have problems with government agencies, this money is yours, just because yours, and not because you are a law-abiding citizen. And this is a new approach to financing, it’s much more freedom and I’m not afraid to say much more democracy, and it’s the very this slogan which developed countries are using.
Secondly, anonymity. This is also a plus, this equates people to the same status. Whatever you are, a minister or a taxi driver, you only have a wallet number. However, of course, bans, our old good bans are everywhere, you have money on the card, but you have a daily limit. You can send money from your bank account, but only to those countries with which your country has financial contracts. You can withdraw money from the account, but if you are a debtor you can not find it there.
And then bitcoin comes to your rescue. Only you know about your money in this crypto currency. These qualities in due time made this currency incredibly popular. But what do we have now? The crypto account goes already on thousands. Starting from the numerous bitcoin forks, other coins and their forks, coins that copy other coins, with coins that call themselves crypto currency, but they are not crypto currency and finally ending with tokens, that is, coins based on blockchain. Seeing all this diversity there appears a novice and you ask yourself a question, what to do? And the answer is simple. As I have mentioned above, we pay for the goods, not for ideas and if we look at the rating, then in the list on the second place we find another giant in the cryptoworld. It’s all our favorite, easy-to-use ethereum. It has all the qualities that bitcoin is endowed with, and if it had not offered anything more than that, it would never have got to the second place, leaving behind all the forks of bitcoins. Moreover, we must give credit where credit is due that ethereum really offered something that bitcoin has not had now. On the basis of this coin, you can create another independent coin which uses owner’s blockchain, that is ethereum blockchain. A token, that’s the way this coic is called, provided an opportunity to create its own currency without considerable efforts and with minimal financial costs. And this in turn led to the appearance of numerous ICO projects.
The name ICO (Initial Coin Offering) was taken in accordance with the IPO (Initial Public Offering), only now instead of shares the investor is offered ICO tokens. The number of new cryptocoins began to grow rapidly. Of course, each of these coins had the old good functions of bitcoin. But the cryptoworlddivided into the following groups: those who believe in old checked coins and those who are willing to risk and invest in a new crypto currency and get the maximum profit by buying it at the sales stage, at a bargain price. Who is right?
Well, the one who invested his money profitably is right. The one who immediately guessed the growth of the beloved crypto currency or bought the token of the promising ICO. However, to be a holder of a coin or trading this year does not pay off as we remember from the past. The market is falling and will fall to the real value of the crypto currency. And the real cost is established based on the primacy of a particular coin. Simply put, if instead of a dollar I use bitcoin in calculations, I increase its capitalization. Meanwhile it is not necessary to keep funds in bitcoin. The key word here is to use. And what about ICO tokens? Well, everything is simpler here. For funds that have been collected, the ICO team must make a product that will output the sold tokens from turnover buying them back from the investor.
I’ll give you an example. If I created an application for money collected on ico which charges in a token, it provides a service, for example, acquaintance of people, and first the user must buy these tokens for fiat or bitcoin, then he (the user) should buy them from those who bought ICO tokens on primary sale, because if we are an honest team, then we will not leave ourselves a token for a rainy day. Then the tokens we received back will need to be burnt or partially burnt. As a result, tokens in turnover will be smaller and then there will be a lack of it and this will lead to an increase in the price of the token. As a result, the application you created will charge the same amounts in fiat, but less in terms of tokens, because it has risen in price. This way?
And if your application will always be a success, the price of the token will constantly grow. And you will give your investor a possibility to earn. Therefore, investing in a new ICO, pay attention to how the ICO GUARANTEES THE GROWTH OF TOKEN. Read carefully the White Paper of ICO and make a conclusion for yourself — whomdoes the project offer to earn, to you? Or simply collects money?
For a detailed analysis of ICO in order to train I offer you our project. ICO CustomCoin Platform, the presale of which will start on October 12, 2018. I did not advertise our project in this article on purpose. Decide for yourself — this is for you or not. However, I beg you to write your criticism to our mail which you can find on our website.
Faithfully Yours,
CustomCoin Platform team
http://ccnowpro.com
customcoinplatform@gmail.com
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