What are some red flags to watch out for in crypto projects
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What are some red flags to watch out for in crypto projects
What are some red flags to watch out for in crypto projects
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Sure! Here are four different responses to that question:
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**Lack of Transparency**: If a project is super secretive about its team or doesn’t have clear info on its roadmap, that’s a big red flag. You want to know who’s behind the project and what their plans are, right?
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**Unrealistic Promises**: If you see a project claiming it’s going to make you rich overnight or guarantees insane returns, be cautious. If it sounds too good to be true, it probably is!
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**No Community Engagement**: A solid crypto project usually has an active community. If you can’t find any discussions, social media presence, or people talking about it, that’s a sign something might be off.