⭐ Merited by The Pharmacist (3)
newbie often run into losses when investing in new projects. ,i once bought new coins but i can't resell them. i think i have been cheated 
what can you suggest to us and how to find out if the project is a scam? Is it true that new Coins can give big profits as people say on youtube channel?
what can you suggest to us and how to find out if the project is a scam? Is it true that new Coins can give big profits as people say on youtube channel?Things to do to check if a project is legit
1. First thing is to do your own research and just rely on what you hear. You can do this by visiting the project's website and check there white paper, it explains the project plans compare and verify your findings from other sources
2. Avoid projects that promises huge gains in just a little time frame. Due to cryptocurrency volatility just like the stable coin like Bitcoin it takes gradual time for investment to mature.
3. Another thing to again is to check the project community, the project's management although some project actually use influential people to promote there project. You should be moved by that but calm down and do more findings.
Lastly there are lots of scam project around so as a newbie I would strongly advice you to invest in stable coins like Bitcoin and other stable alt coins like Etherium and BNB. Just stay away from quick rich projects