You're absolutely right to be cautious about centralized projects or "shitcoins." When a business or organization behind a cryptocurrency is centralized, it often means there's a single point of failure. If the organization faces issues like mismanagement, fraud, or external regulatory pressure, the entire value of the token or coin could collapse, leaving investors at a loss.

In the case of centralized tokens, the risk is higher because trust is placed in a single entity, rather than in a decentralized, open-source system where no one person or group has total control. Cryptocurrencies like Bitcoin and Ethereum, for example, are designed to be decentralized, offering a degree of security that doesn't depend on one central organization.

Storing money in centralized tokens for the long term is risky, as the project could collapse if the organization behind it fails or loses credibility. People who invest in these projects might be speculating on short-term gains, but it's not a sound strategy for long-term wealth preservation.

For long-term security, many prefer decentralized, transparent, and community-driven projects that are less vulnerable to centralized failure. Ultimately, the value of a cryptocurrency should be driven by its fundamentals, community adoption, and technological advancements, not just by speculative hype.