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Make Money With Bitcoin Cryptocurrency ICOS-Part 1

Invest In Bitcoin And Other Types Of Crypto Currency And Crypto Coins By Joining The BitClub Network

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If you want to purchase Bitcoin as an investment and you want to join the BitClub Network Company, so that BitClub can mine Bitcoin and other Crypto Currency on your behalf to grow a stable and increasing investment for you, please Join BitClub Here For Free. Once you join, you will be set up with a free lead account and receive follow up emails detailing how you can create a Bitcoin investment account with The BitClub Network. For any answers to questions Contact Clyde Thorburn Here.

Author : Crypto Income Staff 9 September 2017
 

There’s a new investment boom that might exceed the dot.com era euphoria at the turn of the century in size and scope. The explosion is in initial cryptocurrency offerings; or ICOs and it has the potential to transform a few shrewd investors into millionaires. An initial cryptocurrency offering is the altcoin equivalent of an initial public offering (IPO) for a stock. An IPO is the first time that a stock appears on the market; an ICO is the first time a cryptocurrency is made available for purchase by the public. The hope with an ICO; is the same as that attached to an IPO, that the offering will greatly increase in value over time. People buy an ICO because they think their money will double, triple or possibly quadruple in a few years or months. IPO AND ICO WEALTH. Anybody who has been paying attention to the financial news for the past 20 years knows that IPOs can be a ticket to wealth. A person that purchased a share of Google, now Alphabet (NASDAQ: GOOG), during the initial offering back on August 19, 2004, would have had two shares worth $1,874.68 on September 1, 2017, Business Insider reported at http://www.businessinsider.com/google-ipo-how-much-would-you-have-made-2016-8. On that day shares Alphabet (NASDAQ: GOOGL or GOOG) were trading for $937.34 apiece. A lucky individual that purchased Amazon (NASDAQ: AMZN) during its 1997 IPO would have paid just $18 a share, Investopedia reported at http://www.investopedia.com/articles/investing/082715/if-you-had-invested-right-after-amazons-ipo.asp.
 

Amazon was trading at $978.25 a share on September 1, 2017. Amazon’s stock value was so high that it made the company’s founder and CEO Jeff Bezos briefly the world’s richest man on July 27, 2017, CNBC reported at https://www.cnbc.com/2017/07/27/jeff-bezos-is-set-to-become-the-worlds-richest-man.html. For a short period of time Bezos was worth $90 billion – because of stock, he gained from his company’s IPO 20 years earlier. Bezos is far from alone, four of the 10 fellows on Forbes’ list of the richest men in the world for 2017, made their money from IPOs. They were Bill Gates; the world’s richest man and founder of Microsoft (NASDAQ: MSFT), Bezos, Mark Zuckerberg of Facebook (NASDAQ: FB), and Larry Ellison the CEO of the financial software giant Oracle (NYSE: ORC). AN IMPORTANT LESSON ABOUT IPOS FROM WARREN BUFFETT. The world’s second richest man, Warren Buffett of Berkshire Hathaway (NYSE: BRK.B) also made most of his money from stocks. Buffett did not make his money from IPOs – but he now admits not buying into some of them was a big mistake. Back in 2004, Google founders Sergey Brin and Larry Page approached Buffett about buying into Google’s IPO, Warren told investors at the 2017 Berkshire Hathaway shareholders meeting. Buffett and his partner Charley Munger said no to Google’s IPO, a mistake they regret to this day, Fortune reported at http://fortune.com/2017/05/06/warren-buffett-berkshire-hathaway-apple-google-stock/. “I knew the guys,” Buffett said of Brin and Page. “And so I had plenty of ways to ask questions or anything of the sort and educate myself, but I blew it.”
 

At the same meeting, Buffett also admitted that not buying into Amazon years ago was a huge mistake. This means one of the most things you can learn from the world’s richest man is not to repeat his mistakes. Buffett is worth $77.60 billion today, but he might be far wealthier if Berkshire Hathaway had invested in Google’s IPO. There is a strong possibility Buffett would be the world’s richest man, instead of the second wealthiest, if he had bought into the Google IPO. ICOS ARE THE NEW IPOS. Unless you have a time machine you will not be able to invest the IPOs, of tech titans such as Google, Microsoft, and Amazon, but you can buy into today’s equivalent – ICOs and cryptocurrencies. The available data indicate that the growth of some cryptocurrencies exceeds that of any IPO. Back in July 2010, a Bitcoin cost just 7¢ according to 99 Bitcoins. By September 2, 2017, one was trading for $4,525.87 according to Coinbase. The earliest price I found for Ethereum was $3 on August 6, 2015, by September 2, 2017, a unit of Ether was selling for $335.36. Litecoin started trading for 7¢ on January 5, 2013, by September 2, 2017 Litecoins were valued at $75.17 each. This astronomic growth explains why there has been so much interest in ICOs lately. Their recent performance actually exceeds the gains of many of the tech companies that were involved in the dot.com Bubble in the late 1990s. Ethereum was able to deliver a rate of growth similar to what Google achieved in 13 years, in a little over two years.
 

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