I am totally new to alt coins - trying to learn something new.
I was looking into a very new altcoin (will not name as I do not want to shill) and the white paper talked about a liquidity date named in the future. I am guessing this is when the Devs are allowed to start selling their bags?
Are you newbie in crypto market?
Or you are old member in crypto but only invested in Bitcoin and now begin to have interests in Altcoins?
I guess your answer will be the first one that means you are totally newbie in crypto market.
First, speak of crypto market that is risky. Second, altcoins are more risky than Bitcoin. Third, new altcoins are extremely more risky than old and high-volumed old altcoins.
Developers can pull the rugs whenever they want. You can never detect their secret rugs. You can not code so you can not check their code.