Hello, recently I've got interested in ICO idea. It seems really profitable, first thing is that you support the project and secondly you can make huge profits off it after some time.
But the thing is I've read about possible scams and so on, that's why I'm here to ask you guys:
What is the safest way to purchase ICOs? Is there web any platforms to do it?
What I should be aware of and how to ensure myself that I'm not throwing away my money in the air?
What is the process of purchasing ICO tokens? Is MyEtherWallet enough or is there better options?
Thanks in advance for all the replies guys
Investing on ICO is not the safest way and also that's not profitable for short term. There is so many project who have under value after the ICO end. If you can waiting for long time maybe you can earn more profit from that ICO.
AFAIK i do not know there is any platforms to purchase an ICOs, Maybe currently only trusted escrow can do it for ICO funds.
Simply by looking at the future planning of the project you can invest your money.
It depend if you want to purchasing ICO tokens with use another coin like bitcoin you can use blockchain or Ethreum you can purchase it with using MyEtherWallet.