Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money
1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading
Seek for answers and you shall find, knowledge is power
Are you sure that you're a newbie?or just pretending to be one to earn merits?because the way you deliver this thread it looks like you have big knowledge in this market ,How did you even use mcAfee as example when there are so many whales here/and popular people to consider that manipulates the market.
But yeah i totally agree on that Advises because the Newbies are very Vulnerable from being mislead and sometimes believing in small lies of those people.
Better ask first before investing ,Or read some guidelines here how to find scammers or fake projects.
And also be careful In Hype coins,because most of the time there are so many victims from this kind of approach.
Whether he is new here or not, at least the OP already realized several things here in crypto. Not many crypto users realized those things as early as they are in this industry, even long timers can make a mistake when it comes to investments. I hope more and more crypto users will be aware regarding those things to avoid further losses of their funds.