Buyer Beware: Avoid the Scams, Honeypots, and Ponzis in Crypto Investing

Too Long; Didn't Read

Around 80% of crypto startups were fraudulent and, either intentionally or not, failed to fulfill promises to investors. In a wildly unregulated market, any project can claim its grand goals and claim that the sky’s the limit. In 2019, in 2019, there are fewer new token sales and even fewer new coins and networks. But there is still the risk that older projects may go down in flames. Here is a brief checklist to avoid getting scammed: Is the team transparent about their real identities; is it easily discoverable online?