Doubts, confusion and low confidence are the eventual outcomes of insufficient information in the speculative investment ecosystem, especially in a fast-moving and dynamic marketplace like the ICO industry.
Why people participate in ICOs
Not having a real-time idea of market developments can be likened to navigating the high seas without an effective compass. In such a situation, there is no certainty of arriving at the preconceived destination.
When people participate in ICOs, beyond just supporting a project in which they have so much belief, achieving a profit on invested funds is an important endpoint.
As a matter of fact, most people who invest in ICOs do so for speculative reasons. Therefore, jumping into the market without a clear knowledge of prevailing events, and an understanding of the developments therein is simply leaving one’s investment to chance and happenstance.
A market ruled by sentiments and emotions
The ICO market is very volatile and the reasons for this revolve around a few factors that characterize the current stage of industry development. Being a new and developing sector, the present market volume, when compared with its overall potential, is extremely low. This implies that to move the market value of a given token or cryptocurrency by some reasonable margin, only a relatively low buying or selling pressure is needed. This explains the huge swings that happen every day in price across the markets.
Also, speculators ride on the premise of human sentiments and take the advantage of entering early into the market when the value is at its lowest. They then ride on the wings of subsequent entrants to enjoy value appreciation and sell-off after a while to search for new grounds to conquer.
Navigation made easy
Top ICO List is a website that groups and lists all the Initial Coin Offerings (ICOs), token sales and cryptocurrency crowdsales in one place. The website is a regularly updated initial coin offering list where you can find the best upcoming ICO to keep your eye on, invest in the best currently active ICOs or simply check out past ICOs and how they performed.
This platform saves investors from all the stress and time spent searching for emerging products and the analyses of how they are performing, thereby promoting a more organised approach to market engagement and opportunity identification. This ultimately leads to improved confidence and consequently more profitable opportunities.
To be aware of what the big players in the market are doing, and also to be disposed to take advantage of these swings, Top ICO List performs all the underground work, populates the lists of ICOs, their timeline and real-time performance. This enables investors to access the market at a glance, getting rid of emotional factors that always give rise to knee-jerk unstable decisions that result in losses.
Hence, investors and token traders can now navigate the ICO ecosystem effectively, with the confidence of achieving their preconceived intentions of making a consistent profit without stress or hassle.
Disclaimer: The opinions expressed in this article do not represent the views of NewsBTC or any of its team members. NewsBTC is not responsible for the accuracy of any of the information supplied in Sponsored Stories/Press Releases such as this one.