👉get rid of your get rich scheme mentality : I know a lot of persons would be expecting me to say read their whitepaper, but like I said this guys are getting more smart and making a good whitepaper with excellent road map and all would not be a problem to them.
This step is essential, as greed leads to hasty and irrational thinking, which is how scammers trick you.
👉 track their anonymously: so far I've noticed that most scams don't project any team members to the public and if they do they are mostly fake and this way could be very effective than reading a whole whitepaper. Check if the project has any real life representative and follow them up and see if they are posting in line with their big project in hand. Why i feel this is a good idea is because they are still afraid of the government too.
I know a fraudulent woman who used to appear on many channels and promote her currency, but then she disappeared from sight and went to India while stealing millions of dollars from clients money.
The lack of photos of team increases the possibility of it being a scam.
fake photos of of team confirms that it is a scam.
The appearance of a team does not necessarily mean that they are good or that it is not a scam.
👉only invest in bitcoin 😎: by know we all know that bitcoin is the only reliable crypto right now. And I have history to prove that, to me every other project is not decentralized as they claim to be because they still have a kind of supervisory body even tho they claim not to, people did fund those projects remember and they would want something, nothing is free, no altcoin is completely decentralized.
As a starter yes but for someone with experience, invest long term in Bitcoin and look for every investment opportunity available to you.