One of the best ways to invest is when the price of entry is very low. Buy low and sell high is the saying.When a company goes public, and people believe in the idea of the company, it will generally grow quickly which means you stand to make a tidy profit.The same principle applies to when a new coin or token is released on the blockchain.These days, there are a lot of new coins coming out due to the nature of the blockchain as the applications require using a token.Rather than sell shares in the company, coins are offered for sale to fund the company and investors jump on board.If you\u2019d like to participate in these Initial Coin Offerings (ICO), then there are some steps you need to take.Read on for the quick and basic guide to get you started.If you don\u2019t already have any cryptocurrency, then you\u2019ll need to set yourself up with an account on an exchange.This way, you can convert your fiat money into crypto, so you can then buy into the ICO. Usually, you will need either Bitcoin or Ether for this.Make sure that you do this well ahead of the scheduled ICO since it may take a few days for the transaction to process.Once you are accepted into the exchange and have an account with a digital wallet set up, then buying the cryptocurrency only takes a few minutes from when you buy to when you have access to it.In some countries, these bitcoin exchanges are not allowed.Though bitcoin may not be explicitly illegal, you have to be creative to open an account and transfer money.If you live in a country where this is the case, or you don\u2019t have a bank account, you can still get bitcoin to your wallet and participate in the\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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