MultiversX Tracker is Live!

The red flags of crypto

All Cryptocurrencies

by COINS NEWS 89 Views

The crypto world sure is exiting, as new technology emerges new opportunities are also created. However, as there are a lot of new projects appearing every day and unfortunately not all are of high quality. Some are just poorly thought out and others are outright scams.

If you have been involved in crypto for more than a minute or two, you've probably come across a questionable project already.

As we definitely don't want to lose our hard earned money on some dodgy project that turns into a scam, it is important to stay sharp and avoid those.

What do you look out for before you take the plunge and invest your money? Do you look at their white paper, do you thoroughly examine the team or do you have a rule set that prevents you from investing in some technology entirely.

What are the instant red flags for you?

submitted by /u/Cheesebaron
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments