Investing in ICOs are profitable but also highly risky. When people buy/invest in ICOs of a company, if the company is successful the value of the company’s coins go up in value. However, if the company does not perform well, the coins depreciate in value.
The ICO market is at its development stage and is not fully regulated. In some jurisdictions like China and South Korea, ICOs are banned. Although ICOs are used for various ventures such as charitable fundraising and corporate finance, some ICOs are fraud.
How to make profit with ICOs:
Investors make money through investing in ICOs after the coins token’s increase in more value than the value of fiat money or cryptocurrency used to purchase them.