@gaffe

When researching a cryptocurrency project, several red flags can signal potential risks. First, lack of transparency about the team or unclear project goals is a big warning sign. If the whitepaper is vague or overly ambitious without a clear roadmap, that’s another red flag. Be cautious of projects that promise unrealistic returns or sound too good to be true. Additionally, watch out for poor community engagement or a toxic community atmosphere, as this can indicate poor management. Lastly, check if the project has been audited by reputable firms—if not, it might be an indication that they haven’t taken security seriously.

0 reply

0 recast

0 reaction