- Jun 12, 2021
- 430
- 79
How to EVALUATE a crypto
- Thread starter Socia Blaze
- Start date
bestspinner
Power Member
- Apr 23, 2019
- 522
- 310
read whitepaper and tokenomics, and if its being promoted by newbie or fake account then mostly its fraud.
- Apr 10, 2020
- 3,303
- 866
Check the past returns and the team behind it. The team should be doing good effort in marketing.
R4v3nbl4ck
Senior Member
- Sep 29, 2020
- 1,071
- 1,313
If it's a token and not a coin, there's a higher chance it could be a scam. Obviously not all tokens are scams, but coins with their own blockchain are most likely to be legit.
Avoid meme tokens, tokens with no use cases, newly released tokens, and tokens advertised on /r/cryptomoonshots.
Always check who is behind the project. If the team is not doxxed or they have fake pictures, it's a big red flag.
Don't assume a project is legit just because the liquidity is locked. They can still rug pull or find other ways to scam everyone.
It's a good idea to read the whitepaper and roadmap, but remember there is no guarantee the team will stick to them.
Avoid meme tokens, tokens with no use cases, newly released tokens, and tokens advertised on /r/cryptomoonshots.
Always check who is behind the project. If the team is not doxxed or they have fake pictures, it's a big red flag.
Don't assume a project is legit just because the liquidity is locked. They can still rug pull or find other ways to scam everyone.
It's a good idea to read the whitepaper and roadmap, but remember there is no guarantee the team will stick to them.
laur.laurix
Elite Member
- May 8, 2013
- 2,063
- 1,868
Take a coin decide the buy and the not buy faces and flip it.
lotsofmoney
Elite Member
- Aug 31, 2021
- 3,898
- 1,139
Do not invest in very new coins. Invest only when it gets listed on reputed exchnages. Then you can be sure that it is not a scam.
buddhiststudent718
Regular Member
- Jun 25, 2019
- 213
- 83
randomstrings
Supreme Member
- Feb 3, 2021
- 1,325
- 853
Use lunar.
I am not associated with them, but they give good matrices.
I am not associated with them, but they give good matrices.
- Nov 22, 2019
- 6,959
- 1,681
Fraud projects are run by anonymous people. Good projects have experienced people running them.
- Nov 16, 2011
- 19,807
- 11,284
Past returns that coin has given can be good returns. If the coin is in market for few years, that is also a good sign.
- Jul 30, 2021
- 570
- 87
Use cases, try to see a crypto that you wan't to use and that would help you every day and change your day in make it better. Use cases in that we need in the crypto now imo.