ICO Desk is an ICO industry news website that has many guides and info on cryptocurrencies. Although the name implies ICO which usually stands for Initial Coin Offering, the site does cover a lot of the mainstream discussion of Bitcoin and main cryptocurrencies as there are a lot of skeptics of ICOs themselves. ICOs tend to have a bit of a bad reputation as many feel they are going to collapse and leave investors hung out to dry. At least with a site like icodesk.io they have articles that help users separate the good from the bad so users can make better decisions on investing and getting involved in cryptocurrencies.
Why follow ICO Desk?
Sites like icodesk.io are very useful because they cover topics that you won't see commonly talked about in the mainstream media. The majority of the discussion around the world for those that don't know much about cryptocurrencies are all about Bitcoin and the price of it.
Yes, Bitcoin is the main story to follow but it's far from the only story to follow and there is certainly a lot more happening that doesn't even include Bitcoin at all.
There are just so many products and services that are launching right now and there is going to be a wave of products and services to come as more investment money comes into the space. No doubt there will be more people launch companies and create products.
Knowledge is the key to success in cryptocurrencies
For those that haven't taken the time to study what cryptocurrencies are, they will look at it from the outside like a giant ponzi scheme is going on and they want in but don't want to get ripped off. On the other hand, there are many people that are going into this blindly and they might get ripped off if they encounter the wrong site, service or are simply careless when it comes to protecting themselves.
The basic understanding of cryptocurrencies, blockchain and mining are essential for getting started as when you take this info out of the hands of the users, it then becomes a ponzi scheme. However when you add this knowledge to your arsenal, it's when people realize that there is something happening that is real.
After learning about the basics, it helps to stay on top of all the news coming out related to cryptocurrencies. There is still a big opportunity to profit from this new industry and it's about knowing about what is trending and what is around the corner for the future.