Making due past To Pick a Winning Job from Bitcoin

November 24, 2019Finance Standard

In a world, it is becoming clearer every day that a diligent crypto enthusiast should have a litmus test for choosing a token to support in a world where real viable projects are tough to find and excellent jobs with long term prospects are even more difficult to differentiate from money grabbing ‘shitcoins’. With the recent developments where Newest cryptos are hitting record highs, and new ICO Projects not living up to their hypes following the Crowdsale, it is now normal for disappointed ‘investors’ to go around blaming the ICO promoters on social networking, rather than blame themselves for not doing the proper due diligence to choose a most likely post-crowdsale winner prior to buying a token during its ICO.

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From it, my monitoring Appeared that many crypto buyers only bought coins throughout an ICO dependent on the FOMO (Fear of Missing Out) made by the masters of the hype behind these coins. Without comprehending the intention of the coin many bought, or what the token was supposed to do following the Crowdsale. They would jump on media to scream bloody murder as is the case for ICOs when nothing happened after the ICO. Recently, myself and my group completed a tour of Africa and some parts of USA to market the Nollycoin ICO. We organized and sponsored distinct conferences, did reside AMA (Ask Me Anything) press meetings, and held tons one-on-one meetings with Crypto whales, small shareholders, and crypto millionaire wannabes of each colour. Me else was that token holders had NO CLUE about job or the company behind the sales they participated in.

Stranger in my observation the truth could not tell you the value proposition of the company to interrupt the market and grab a chunk of the buyers in their own industry. The ICO was purchased by them because telegram or Facebook Pages they visited kept telling them to ‘Purchase. Hodl and purchase more’. Most acted on herd instinct instead of objective deliberation.

Now, if most were People or teens without schooling, I would not have been surprised by the amount of ignorance of many of the bitcoin ‘investors’ I met. To the contrary, many were people and college graduates of some means. Why they purchased a coin that it would increase in value with time, yet less than 10 percent of them could articulate. I went, very few in the audience could tell me the title, experience and capability of the managers of the company selling the coins.