Hi Steemers,
I normally will be posting just watches, but I had a brainfart, and was wondering what you guess look for when you invest (mainly in crypto/blockchain tech).
I guess a year ago I saw a video from Gary Vaynerchuk talking about the things he takes in consideration when investing in businesses. He said he mainly invests when he sees the potential the founder and his team has. One of the biggest points he makes was ability to adjust and think ahead. That started to become my approach as well, because if you think about it, I'd rather invest in a person that is able to continue for a long time, but started with a flawed product, than a person that has a perfect product, but is lazy with it.
What are your considerations when investing?
Absolutely read into where I'm investing - I only wish I got onto Ethereum when my mate told me about it. He's made a fortune with it!
So when he told me about siacoin, I researched and jumped straight into it. Decentralised Storage is such a genius idea!
You also research the people behind it? It's never too late in this stage in my opinion!
I probably should research the people behind it - Good tip, thanks for sharing.