Member-only story
5 Signs You Might Be Invested in a Crypto Scam
Be weary of these telltale signs of scams and projects destined to fail
The hard lessons learned in investing
No one likes being ripped off and losing their hard-earned money. Unfortunately, we’re all bound to be ripped off at some point whether it’s overpaying on an item worth a fraction of the cost or investing in a project or idea only to find you’ve been scammed.
This is especially true when investing in high-risk assets like stocks or crypto, hence part of the reason they’re considered high-risk. This is also a topic I’ve discussed in a previous story about why we should probably use the term “gambling” rather than “investing” for these types of assets.
Regardless of the terms used, as you become more familiar with investing in a particular space, you begin to identify certain patterns among projects that end up succeeding and those that do not.
What follows is what I’ve learned during my extensive research of the crypto space…
