Last year, I invested in several projects, and the price of the token was much lower than its issue price. There are several project opportunities without any development, and it can be identified as a scam.
The problem with some of these projects is that the team lack the technical know-how. Therefore, so many things are mismanaged, including the fund meant for the development of the project.
Can you help me choose projects? Last year I met 15 scam projects. very depressed.
15 scam projects is something to be worried about. I do not know if you bother to understudied those projects before you joined them.
Some of these projects can be very deceptive, most especially at the start, but if you take your time to study them, you may later discover the true intention of the team.