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Rule 8. Treat ICOs and other Examples of Herd Mentality with Care In general you are better off holding Ethereum than going through the mad, greedy, FOMO process of buying ICOs. But ICOs or coins newly released on the exchanges can be great investments. Beetcoin played the IOTA new release on Bitfinex like a master. He turned 10 Bitcoin into more than 200 Bitcoin. He bought the $IOT Over the Counter (OTC) some time before Bitfinex listed it. He was ahead of the herd.