If you want to know how to pick an ICO and multiply your cryptocurrency investments, then keep reading The best time to buy stocks and bonds is when they're first offered to the general investing public via initial public offerings or IPOs.

This is because often, IPOs generate a lot of interest in such securities and, more often than not, the market prices of such securities shoot through the roof after the IPOs are done and the securities start trading publicly.

When it comes to the newest genre of financial investment, cryptocurrencies, it works pretty much the same.

Through initial coin offerings, new coins and tokens are made available to the general investing public just before their prices skyrocket after they start to be traded publicly.