ICOs, IDOs and other options of crypto coin IPOs have always given their participants good money. Last alt-season I managed to participate in an IDO where I earned 50 profit. It was one of the many P2E projects hosted on the DEX exchange PancakeSwap. In bad times and on weak projects I managed to earn +30-40% of the allotted amount. The stages of the market, of course, made their adjustments, and in the alt-season, for example, you could earn more profit than in a bear market, but as a rule, a strong and fundamental project, in any market, regardless of the price of bitcoin, brought me profit.

This article will talk about making money with ICOs and IDOs. We will analyze how to start investing, how to choose the right projects and what you can buy right now. Let's get started!

Is it worth investing in projects at the ICO stage?

As I described above, the two main components to successfully making money from an ICO are good market conditions and the quality of the project itself. 

There are many different formats of initial coin offerings. ICO and IEO mean listing on centralized exchanges, while IDO means listing on decentralized exchanges. Where exactly you participate is largely irrelevant. The different names are essentially the same mechanism for distributing coins before the official start of sales. And if you want to see the calendar of upcoming and past ICOs, you can find it here.

Lately, there are more and more token sales where you only have to pledge your coins, but you don't have to redeem the allotment because you get it for free. Therefore, there is no risk of losing anything in such ICOs. 

If you participate in a token sale where you have to buy back the allocation, there is a risk of losing your money invested in buying the allocation in the future if the price of the token changes over time. Many people sell their allocation immediately upon listing, thus avoiding the risk of holding the coin for the long term. To counteract this, there are linear token unlocks, meaning that your coins are unlocked gradually over a period of months. However, many projects still do not use linear asset locking, and all of your coins are available for sale immediately upon launch. In any case, it is up to each project to decide if they want to distribute their coins all at once or spread them out over time. Information about this can usually be found on the token sale page.

It does not make sense to invest in all token sales in a row, because there are unprofitable and even scarce seals. Therefore, it is best to make a purchase after conducting your own analysis. 

How to find crypto project with 50-100x potential? 

In order to find a cool project and participate in its ICO, you need to have a basic knowledge of fundamental analysis. To do this, you need to get acquainted with the project team on the project's website and study its background. Cool teams often have cases of successfully implemented projects in the past. It is also important to familiarize yourself with the project idea and tokenomics. To do this, you should study the project's website and documentation. You can find links to them on CoinMarketCap in the Official Links section by going to the map of the project you are interested in. 

In addition, when analyzing, it is important to study the project's partners and tier exchanges where the token will be traded. The more partners and exchanges cooperate with the project, the more popular the token sale itself and its project coin will be.

It is also important to study the activity of the project in social networks and its community. A large community, interactives from the team such as AMA sessions and frequent publications in social networks will be a green flag for us.

And the last important nuance is the comparison of the project with competitors. On the same CoinMarketCap in the tags to the project it is written to which sphere it belongs. So you can find competitors and compare all the components I wrote about above to identify the strongest and most competitive projects in the industry.

What crypto projects can you invest in 2024?

I analyze a lot of different projects, and recently Dedacoin caught my eye. This is a fundamental project with its own ecosystem, which I believe can shoot up in the near future. Moreover, it fits all the parameters of a quality project that I described in the previous section. Instead of taking my word for it, I suggest that after reading my article you do your own research and draw your own conclusions about the feasibility of buying the token. 

Well, I will tell you a little more about the project. The main goal of Dedacoin is to accelerate the adoption of digital assets in everyday life. To this end, the ecosystem is developing several products, such as the DedaBit crypto exchange, which will have physical branches and crypto ATMs in different countries around the world, the DedaPay payment infrastructure, which includes the DedaGateway payment gateway and POS devices for accepting cryptocurrency in physical and online stores. The ecosystem also leverages the Hedge90 and Hedge100 mechanisms, which provide security and transparency for asset and transaction management. In addition, the ecosystem is building its own educational platform DedaAcademy, news feed DedaPress, service DedaInvest, which will provide access to an investment fund and copy trading, as well as a loyalty program DedaClub. All links you can find here

As the crypto industry is developing rapidly, the goals of the project fall under the general narrative of cryptocurrencies. The market needs complex projects that would facilitate interaction with crypto, and Deda offers just such solutions.

You can already buy tokens of the project on its official website. And in a few days the listing on centralized exchanges should take place. If you buy a coin, I advise you to do it before the listing, because after the listing the price may increase.

The token is currently valued at 0.85 USDT. There will be 2.54 billion DEDA coins issued. You can read more features of tokenomics in the project documentation. In general, I have not seen any problems in tokenomics, everything is standard.

Before buying the token, it is important to realize that the project is far from the release of all announced products, so I would consider investing in the token as a long-term investment, at least until next summer, when some of the products will already be released.

Conclusion

ICOs and IDOs offer great opportunities to make money with any bank. But I recommend having at least $200-300, which could be used to participate in such token sales. 

As practice shows, a quality project on any market gives its participants an opportunity to earn, so it is important to be able to choose projects and not to wait for years for an old season to participate in an event.

As for the Dedacoin project, I bought the project token on its official website for 1.5% of my bank. Often such projects with small capitalization, can give dozens of X's, so I think there is an opportunity to make a profit here. But do not forget about diversification of your funds. It is worth it to divide your coins and invest not in 1, but in 10 such small projects. You never know which one of them will shoot up and pay off the investments in all the others. 

Well, that's it for me. Don't forget to do your own research and keep learning about crypto, because the possibilities are truly endless. Write in the comments how you feel about ICOs. If you have already participated in them, share your results. And that's all for me.