Riddle me this, the market is shaky and obviously everybody should be wary with entering, especially due to enormous recent growth. But what about soon-to-start or ongoing ICOs like Kyber, Cindicator, Blackmoon and Chainlink? Is it better to carry on with the ICO or bet on the market downturn and buy afterwards, below ICO price? What's the smart move?
>>3338667
ICOs should each be examined individually, and not clustered together with other ICOs using short-term thinking such as temporary market downturns. Buy ICOs you believe have an amazing future, and hold forever.
Kyber is not chinese. I'm wrong?
>>3338667
Most ICOs now doing KYC checks. Meaning Chinese and Americans can't participate.
So, if an American or a Chinese think one of the ICOs gonna be big, they'll buy it when it hit the exchanges, pumping the price up.
So, how are you going to buy these ICOs below ICO price exactly?
>>3338793
I agree with this sentiment, but that is still just enough months out to not be sure, i.e. how the market will fare. If the total market cap halves in the meantime, the surge is also weakened.
That being said, I have very strong confidence in Kyber, their transparent process and financial partnerships. Will definitely be capping myself there (just saw I got approved today).
Chainlink bothers me a bit in the sense that it seems to have stalled. Poor slack communication, lack of a whitepaper just days before crowdsale, etc. But I would have partaken in the pre-sale again if I had to make a choice.
I am just wondering how the value of these tokens would be reflected in a potential crash.
I think what he wants to know is if with this Chinese ban what will happen to Kyber.