DO YOU want to invest in ICO? ......Then read this :)

HoLLaaaaaaaa my fellow steemians,

I hope we all are feeling great and motivated, was away for last  3 days and  and I missed you guys so  much. anyway "@dattabitcoin - A.K.A CryptoAstronaut IS BACK." 

If you are interested what is ICO, Please  scroll to bottom for explanation video :)

ICO Frenzy is reigning across the world, it turns out . Everywhere you look, a new Business Is created with its own Coin and with a corresponding ICO launch. Well, some of them are good and nicely executed ICOs,But  there have been reports of poorly executed ICOs that normally make people lose lot of money.

Industrial development

According to one of the crypto high profile guys, when a New industry gets  certain share of market, "The Kraken" is released at that moment :D 

Many of these individuals have good products or services, with positive intentions,but  human nature messes everything up as always,  there will be a mix of participants for sure. Bad Actors take  advantage of their prey to exploit them and steal all their Money and Resources.

 “Not every one of these people will act in good faith, and whenever there exists a collection of uneducated investors you can be sure the charlatans are lurking close by.”  -   Jasson Cassidy

But every Medal has two sides isn't it?. Luckily If you will do some certain research you will  be safe investing in ICOs.

First of all I normaly go  and check the technology and coins/currency idea behind it. It should provide  'need' that is being fulfilled. Also Check  the whitepaper of given ICO,  look at the roAdmap and Research the Industry the  currency and Blockchain are Addressing. 

Another very important is the team whoever is behind the ICO.  Check background of the team, also transparency is a key in most of cases, developer competence and professionalism, experience and so on.... Otherwise, poorly managed team will fails somewhere for sure, even if the idea is is good, emotional maturity and experience of crisis management is another key points here I  think.

Listen to your inner-self,  most of the times when I decide to invest in ICOs, intuition tells me what to do after checking all the points. the decision is upon you.

At the end of the day, investors  can waste  hours and hours of research. SmarT investors like me,:D:D:D  will learn to trust their gut. If it seems for you, that it is a risky investment,then it probably is :( . Crypto Investors call It  "Wild West 2.0" and emotions like  fear and greed, dont let them dominate you :D

WHAT  I  ICO?

Thanks for looking in Travelers,

Resteem and follow PLZ, If you like my content :*

@dattabitcoin - A.K.A CryptoAstronaut