First Experience with ICO - Thoughts and Tips

I just had my first ICO experience with CargoX.

The small soft cap of $7 million was filled up in around 8 minutes.

I had waited eagerly for it - after doing some research, it had seemed like a pretty good project.

15 minutes before the start of the ICO, my internet stopped working though.

I wasn't prepared for that. I panicked. Quickly, I used my smartphone and created a hotspot.

I logged in to myetherwallet through Ledger Nano S and sent them 1 ether on their contract address.

I got 1 minute late though. I used 500,000 Gas Limit but couldn't find Gas rate.

I didn't have time to lose so I sent the transaction without changing the gas rate to 50 GWEI.

My transaction is still pending. I missed out.

I checked the contract address - they have around 1800+ transactions that didn't go through.

Will I get my money back? I sure hope so. What's the use of a smart contract if I don't?

Am I sad? No. A little disappointed though. I'll buy CargoX token once it hits the exchanges. It is a disruptive project.

Suppoman Udemy has taught me to behave like a Shark of Shark Tank.

The ICOs are all proposals that I have in front of me. I am like Daymond John (I like him the best among them): I am very particular in the ICOs I'm willing to invest in.

But that doesn't mean I'll get in. Maybe Mark or Laurie or Mr Wonderful will take away the deal from me.

Next time I'll be better prepared. I won't waste even a second. This 1 minute lag will cost me multiplier returns on CargoX. I know that.

But there are 3 ICOs a day. Let's see.

Welcome to the ICO gold rush!