How to tell if a Crypto project is a scam
Want to avoid falling for a crypto scam?
Look for these red flags:
(1) Unrealistic promises, like guaranteed returns;
(2) anonymous or shady teams;
(3) high-pressure tactics to invest quickly;
(4) lack of transparency, with no clear roadmap or whitepaper; and
(5) poor community engagement.
If a crypto project shows any of these signs, it's best to steer clear and do thorough research.