identification:

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With the tremendous increase in new codes and digital currencies every day, the issuance of fraudulent digital currencies has become a given for those interested in investing in and trading in cryptocurrencies. In light of this situation, misleading information has spread rapidly, and anyone can publish their opinions on electronic platforms and present them as facts. Therefore, the following procedures must be adhered to to avoid or at least reduce the risk of falling victim to fraudulent digital currencies and projects:

👈 1- Before investing in any token or digital currency, you must conduct your own research about the credibility of the token, its project, and the team supervising it.

👈 2- Study carefully the sources from which you obtain information and the context in which it is presented, as attempts at grooming through false promotion are common, as it is possible for investors or some fraudsters to publish false, biased, or promotional information as facts and honest information.

Therefore, it has become necessary to conduct your own research about the currencies and tokens in which you want to invest part of your money, as it has become clear in concrete reality that this strategy is an essential step to reduce risks for any investor, and the beautiful thing about all of this is that such research has become easier than ever with the presence of... Modern means and availability of the Internet.

a summary:

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In conclusion, before investing in any token, currency, project or any other asset, you should make an initial effort to familiarize yourself with the necessary information, and most importantly, verify the validity of the basic information about the project, such as the project whitepaper, white paper and token economics, Partnerships, roadmap, community and other essentials.