Post
Topic
Board Altcoin Discussion
Re: How to avoid a scam project?
by
yohananaomi
on 15/08/2023, 06:21:51 UTC
an easy way to avoid scam projects is that you just don't need to invest in new projects and only invest in old and popular projects, because most new projects will be easier to scam than old projects, therefore it's better for you to invest in the top 5 cryptocurrency, so you can avoid scam projects, because I believe Bitcoin, Ethereum and Binance are very good projects for a long-term investments and the chances are very small for the project to be scam (even I think its impossible).
a very wise message that you have done, because it is a situation like today that has not really recovered. Of course, you must always analyze carefully every time you want to make an investment because there could be a wrong step that will actually be detrimental.Actually, not all new projects are confirmed to be scams, but there are indeed more, as you said.so you really need to be careful to check well before deciding on a new project.In fact, I really agree that at a time like this, it's better to invest in the best-ranked coin on CMC because it's clear that they must have great potential so far.I am as sure as you are that the reputation of BTC, ETH, and BNB is definitely the best. It's true that there is no way they will scam; all also admit that, and many still continue to be investors in them.