Tips Before Investing into Any ICO

in #blog7 years ago

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There is money opportunities in digital tokens / ICO.

But there are so many different ICO's out there, it could be overwhelming. Here are a few tips that you should put into consideration before investing into any ICO's.

#1. No matter who is promoting it or who has got involved with it, ( celebrities or social influencers ) make sure you have done your own due diligence.

#2. Do not invest your rent money, mortgage money, child's college education fund or your IRA / 401k money. The money that you invest should be money that you are willing to lose. ( You have the potential to lose everything, BUT there is great upside potentials ).

#3. It's unlikely that you will become rich over night.

#4. If you do invest make sure you stay current with the information regarding your investment. Remember regardless of anything YOU are responsible for YOUR money and no one else.

Now with that being said, scared money makes no money. You want to change your financial status? You have to take risk and not be overly cynical. I've been in the investment field my entire career. You can not avoid losses, but when you win...YOU WIN!

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True!

Excellent post @wallstplaya hope you follow me back and engage with me on future posts as well!

If you haven't checked out my introduction post yet...

https://steemit.com/introduceyourself/@somealaskaguy/alaska-coin-ico-class-is-now-in-session-alaska-bitcoin-and-blockchain-school

Please, check it out and #UpVote if you like as I faithfully up vote everyone that follows me...or at least I try to!

Thank you so much and have a blessed day.

@somealaskaguy thank-you for checking out my post. I will check out your introduction post. Thank-you and God Bless.

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