101 Series: ICOs
Mike and Brent sit down and discuss the most volatile of all of the volatile investments: ICOs. Mike and Brent openly admit that they don't have the expertise to pick ICO's properly, but they give you the tools you might need to do your own research if you DO get the ICO bug.
Correction: On the show we say that FUD means "Fear Understanding and Doubt" that is NOT the case, we just misspoke. FUD is a term meaning Fear, Uncertainty, and Doubt and it generally has a negative connotation meaning the person saying it hasn't done their research.
LINKS TO TOPICS FROM THE SHOW
CoinSchedule: Here's one of the resources that we mentioned on the show. This is the most popular way to check out which ICOs are coming up. With that being said, make sure you understand which ICOs are paying for advertising space, and which aren't.
One of our listeners showed us this interesting resource. This is from the user DipKeeper, and it's presented by @CryptoLammerThe colors at the top show what this person thinks of ICOs. This is obviously very subjective, but could prove a valuable tool.
Here is ICOTracker. I like this site a lot because it has a ton of information all in the graphic ready for everyone to see without having to start clicking all over the place.
And finally here's a site called ICOdrops that has a metric for the hype machine that drives these investments many of the times. They clearly identify sponsored content, and they have a rating for hype.
HELP SUPPORT THE PODCAST!
These links are all referral links for us, but we use every one of these exchanges and wallets.
CASH APP HAS BITCOIN! If you sign up through that link the show gets $5 and so do you! Stop the presses. The easiest to use money transfer application (yes it's easier than Venmo) now as a built in way to buy and sell Bitcoin. They even have a no - fee debit card you can use.
Binance Exchange Binance is the primary location for many of the coins that are not available on CoinBase. They have the best user experience, don't use the USDT as a primary trading pair, and have reasonable customer service. Give them a look.
Ledger Wallet Website This is where you buy the hardware wallet that we're always talking about on the show - we all use a Ledger Nano S.