For an ICO to give you a positive ROI, history shows that an average time frame of 6-9 months is needed before the market starts to move into markup phase.
This time frame is shortened as the bull market gets closer to the end, as time frames compress, and price action accelerates. Furthermore, towards the end of the bull market, the returns in % become much lesser.
The best time to buy an ICO is when:
1) BTC price is cheap
2) We still have a foreseeable bull market ahead
However, as the bull market comes to an end, the risk of btc price decreasing, and having the altcoin be slow to market, multiplies the risk (of buying an ICO) exponentially.
With this potentially being the last leg up for BTC and consequently for alts, please thread with caution.
This time frame is shortened as the bull market gets closer to the end, as time frames compress, and price action accelerates. Furthermore, towards the end of the bull market, the returns in % become much lesser.
The best time to buy an ICO is when:
1) BTC price is cheap
2) We still have a foreseeable bull market ahead
However, as the bull market comes to an end, the risk of btc price decreasing, and having the altcoin be slow to market, multiplies the risk (of buying an ICO) exponentially.
With this potentially being the last leg up for BTC and consequently for alts, please thread with caution.
