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What kind of trading in electronic currencies is carried out, similar to a pyramid?
Greetings
Today, they said that there are some companies in which you invest real money and get a high income and a very fast return on funds. It looks like a pyramid, but it became interesting. Who knows what?
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So any Bitcoin is actually a pyramid scheme.
And any analogue.
You are most likely talking about ICO .
Here you need to be careful and not dwell on the idea that you can quickly and earn a lot. Here, as with investing in ordinary companies, but at the earliest stages, when there is not even a product prototype or demonstration itself, but there is just an idea, its description and promises to investors. You need to diversify wisely.
When choosing projects in which you want to invest, you should pay attention to the team, the pace of their work, the very technology that this team implements in their project, evaluate what they will bring new to existing technologies, how much this contribution is justified, if a working prototype, demo, etc.
It seems to me (correct me if I'm wrong) that the existing set of technologies is now being ported to the blockchain basis, i.e. there is some transfer of parts of databases from centralized repositories of various services to blockchains and a decentralized basis, which in the future should increase the level of trust in such services. Here it is necessary to pay attention to what kind of information is submitted to the blockchain, and what benefits this can bring to the end user of this technology. Also, when analyzing companies in which you want to invest, you need to understand cryptanalysis in order to understand the potential problems of the service, i.e. for risk assessment. So that there are no surprises later, that there was a stir on the news, a pump, the price soared, then everyone found out that it was a hype, the price fell, the technology turned out to be not viable in the end,
As a result, it seems to me that before rushing to invest in such startups, you need to compile a list of the pros and cons of all projects, draw up a checklist, and on the basis of this checklist, form a table in which to analyze each startup, based on the available data, put some of your estimates on expectations / pluses, and estimates for various risks / minuses, calculate for all a certain ranking indicator, for example, according to the formula: divide the expected score by the risk score, based on this weighted value, you can already draw some conclusions on what share and in what start-up to invest from available funds.
The description is vague, it can be either an altcoin or a bitcoin, and actually any cryptocurrency. And perhaps we are talking about how they wrote about the ICO above.
In addition to ICO, there are also many different HYIP projects now, the purpose of which is simply to get rich at the expense of the naivety and stupidity of others. As for the ICO itself, the topic is very new and has every chance to compete with the IPO
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