The Usual Story
So over the course of week, you have just opened your Coinbase account and bought your first bitcoin(or part of a bitcoin). Now you’re checking your Coinbase app 34 times a day to check on your “gains”. After reading anecdotal stories of some 15 year old kid in Hong Kong turning their $100 bitcoin purchased in 2009 into millions today, you’re thinking to yourself, “Let me get in on that action”.
After a few days of ups and downs, you’re profits are about 50% of your initial investment. Pretty amazing in conventional terms but nothing close to resembling the bitcoin-millionaires. You start to look for how you could make those outsized returns and make it fast. After hearing about ICOs and how some of them have “mooned” giving their investors a 10–50x return, you decide to jump in headfirst into the world of ICOs.
Im sure this story rings familiar to many. But now comes the hard part. There are already more than a 100 Initial Coin Offerings (ICOs) launched just in the last month alone adding to the countless out there, so how do you choose which project to invest in?
