To work out if investing in an ICO is the right thing to do, you should consider the following aspects...

Think about your expected returns

The first thing you should do is establish what your expectations are when it comes to financial returns on your investments. Ideally, you should work out an investment goal so you can work out a proper investment strategy.

Consider your understanding of ICOs and related technology

The vast majority of ICOs are based on cryptocurrencies and blockchain technology. This is relatively new tech, so it is essential that you take the time to develop a good understanding of exactly what you are investing in.

Think about how you will vet the ICO

Before you commit to investing in an ICO, you should carry out background checks on the investment opportunity. You should check the background of the project team, the business model, how well developed the project is, and any community feedback.

Consider any regulatory or legal risks

Governments around the world are continually announcing new regulations for the crypto industry and ICOs. Before you decide to invest in an ICO, you should be sure that it meets any local laws and regulations.

Consider how much money you can afford to lose

Finally, investing in ICOs always carries a certain amount of risk. As a general rule, don\'t invest more than you can comfortably afford to lose. For details of upcoming ICOs, check out our top ICOs page.