I buy when the coin/token goes live and the whales do their dump instead. It served me well so far, despite some misses.
BTW, have nominated you (just in case you want to take on the challenge^^): https://steemit.com/sevendaybnwchallenge/@dean101/seven-day-black-and-white-challenge-day-1-the-gathering
Oh yeah, if i miss an ico thats what I do also. Still prefers to be able to join the ico though.
Re: black and white challenge, photography? I'm not too good with it but I'll check it out thanks ^_^