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RE: AiCoin - Machine Learning Crypto Hedge Fund (ICO closing TODAY on midnight: Monday 28th of August)
I really like this idea. I might invest in a few mouths.
I really like this idea. I might invest in a few mouths.
Definitely a good choice! Keep in mind that once the ICO ends you will only be able to buy coins from other people. AiCoin will allow these trades commission free on their dashboard for a period of three months after the ICO.
Since AiCoins will essentially be a share of the total fund value it's unlikely that you will be able to buy them for the real current value, as people will be able to sell their tokens back to AiCoin.
If for any reason AiCoins will be cheaper on an exchange that their real current value, people will buy them up instantly for profits. As such, it is very likely that AiCoins will cost more than their real current value as an anticipation of future profits.
This means that you will have to wait a short amount of time to break-even on your investment before you start seeing the (pretty much guaranteed) profits. The exact amount of time will depend on the market situation and can not be predicted until the trading starts.
In either case, it should be one of the easiest investments that can be made in the crypto markets and won't require any moving around or day trading to be highly profitable.