Post
Topic
Board Altcoin Discussion
Re: Red Flags I Look for Before Touching Any Altcoin
by
M47AK16
on 22/08/2025, 04:05:59 UTC
just because we believe in something, doesn't mean it will be what it is. We are going to face a lot of scam coins that look like they are amazing and then turn out to be not that great at all. We should always remember that scammers are good at their job, and the really good ones can make a coin that can actually be great if they really wanted to.

This is the questionable and weird part, I have seen projects that were so well done, that if they didn't scam people and actually worked on it, they could have made a lot of money from it. Unfortunately they didn't and because of that they turn out to be scammers which make us be careful against everyone. It's just not that simple to move on by checking a list.
That is the hardest thing for the newbies. Because they see an awesome project, and they see everyone making a profit, and that is lovely and great right? Then they see something else and they think that because it looks awesome, this is another one and they can make that kind of money too, but turns out they are not actually looking at an awesome project but looking at a project that is actually terrible.

Because of that we are going to end up with a lot of bad news and bad results for the newbies and that is going to be the thing that will keep them not doing that great. We should warn newbies about how scams are so great that they can be not scams and still be great and that is why it's such a risky thing to handle when it's a new project, so how it looks doesn't matter.