Creating a wallet
The first step is to create a wallet that will store ethers intended for investment in ICOs. Subsequently, it will also be possible to store project tokens in it. There are many such wallets, and the choice of a particular one is a matter of taste. One of the most popular is MyEtherWallet. It provides the user with full control over funds through the use of a personal key.
Purchase of ether
Most ICOs accept funds in ether, so anyone who is going to become an investor should first purchase the required amount of these coins.
The buying process depends on the country of the user. One of the most popular and simple platforms providing services in 32 countries is Coinbase. Here you can buy both ether and bitcoins. You can also buy bitcoins first and then exchange them for ether on Bittrex or another cryptocurrency exchange.
Moving Ether to the created wallet
This is an important step. An investment in an ICO cannot be made directly from the exchange where ether is purchased. This is due to the fact that services such as Coinbase, Bittrex, etc. are centralized and control the personal keys from users' addresses. Therefore, any funds sent to the public ICO address from the exchange will be lost and the user will not receive tokens. More here - https://en.wikipedia.org/wiki/Initial_coin_offering
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