Invest Carefully - ICO is a playground for big investors

We may have missed the great ICO. Currently, Most of the ICOs are not up to the mark. I am not talking about few exceptional projects. But most of the projects are absolutely a name-only project. We need to take utmost care to our money. Otherwise, Rainy days will never over.

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If you look at the latest ICO performance on the secondary market, You will be surprised to see the current market price. Most of the time you can buy any token below ICO PRICE. So why investing in a ICO. Sometimes you need to do a lot of hard work just to get whitelisted. You need to send a lot of documents most of them are very important. such as

• Your passport
• Your National ID
• Selfie with your ID - Most difficult one

Almost all the information we are providing to the unknown person. In most case, We dont even know the person behind the project. I have seen some of the team members Linkedin profile is newly created. So I can not trust those people.

Recently, I have invested in a project which follows all the rules to be a good project. That project have all the necessary ingredients to consider a good ICO. Such as:

• It has well written whitepaper
• Full to good team member
• Social profile is filled up with crypto Enthusiast
• Telegram Channel is full
• Twitter - Lot of fan following
• ICO ranking is good over 4.5
• High interest ICO

Guess what you expect from that ICO. Unfortunately, You are lucky if you not invest in a ICO now. In my cases, I lost close to 95% of my ICO investment. Token is holding by the big whales. Exchange choosing is very bad. Whales are creating FUD to the community.

So be careful - Research a lot about the project. Most importantly, Do not invest in a bear market.

Have a good time

@steemero