Quote from: bots1 on November 19, 2022, 03:17:13 PM

Quote from: sulendra12 on October 11, 2022, 11:30:42 PM

Quote from: Crypt0Gore on October 07, 2022, 02:58:56 PM

4. High volume on the listed exchange doesn't make a project clean from going scam.

This particular point could benefit for some people where they can make some quick profit when they buy it low before the scam begins, in early days you can do that easily but it's rather difficult to do it now.

Right. It is better to sell quickly while the price is higher than the purchase price to make a profit because usually coins from new projects do not last long and tend to experience significant price drops even in the long term sometimes disappearing from the exchange. Therefore, if we invest in a new project, we must be good at analyzing it and must make the right decision when to sell.

But, he just said that is difficult to do now. I am not a fan of investing in new projects but it might be true because we are on a different time now and many scammers have invented new ways to scam people. Locking the liquidity and locking the token where you can't send the token that you get from another wallet is now even possible.

Scammers are a pest in the crypto world because they are damaging the reputation of other new legit projects. Now many people are scared to invest on new projects thinking that all of them are the same. They are afraid to get scammed. How I wish that all scammers will get a bad karma and burn in the hell once they die.