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As enticing as the new world of unregulated gains and ethics may be, the industry is ripe with scams and heavy manipulation.
Doing your own research is key.
Researching will save you from falling for the traditional “low cap” promoted tokens & understanding whether that low cap even has any potential to grow.
Just because it’s low cap doesn’t mean it has opportunity to “blow up”.
A project in its infancy can go to zero.
Here are a few Crypto scams and below is some best practice on how to avoid them.
How To Avoid Crypto Scams
Find a trusted forum/platform that promotes unbiased facts on projects — both existing and upcoming.
For every project you want to support or invest read;
Threads/discussions.
Whitepaper.
Join socials: Check if they have an active community, assess organic engagement.
Understand the problem being solved — roadmap etc.
