3. Try to avoid some of these projects with that promise outrageous profits on investment, most of them are not realistic. How can you expect 300,000% annual percentage yield from a new project?
Indeed, there are very many new projects that fail to be released to the stock exchange, and this continues every year. This is because too many cryptos are being developed in every year. But for those who want to get money instantly, of course they will cheat investors. But for those who are really developing a project for the future, of course they will do whatever it takes to make the project successful even if they lack investors in the early stages.
Of course in terms of crypto investment, especially at the presale stage, it is necessary to do more in-depth research. We worry that they are not actually doing anything for the future of crypto, but are making money in ways that are not true.