Red flags of crypto

There are a number of red flags in crypto which should help you determine which crypto to avoid. Here are some red flags that could help keep you or others safe when choosing a crypto to invest in:

• It is using a popular crypto's name while not actually being associated with it.

• Celebrities/influencers that have no connection/knowledge of crypto are advertising it.

• It's copying the name of a previous meme-coin.

• It doesn't have a whitepaper

• It doesn't have a social media page, If it does, is it very small/unprofessional.

• No website/website lacks information on the crypto.

• The entire premise of the coin is to be a money maker. (invest to moon)

• "It has huge, vague claims like decentralizing the internet."

• "No real present (or future) application made clear, even if it's a new area/proposal."

• "If it sounds too good to be true, it probably is." Added by

• "You only make money or 'bounties' when you get friends to invest, or you get a percentage of whatever they invest."

• "If it says things like:

- Liquidity locked 🔒✅

- 50% burned in Vitalilks wallet

- Easy 100x 🔥

• "If it uses the phrases:

- The next “…”

- “…” killer

- Missed out on “…”? This is the next “…” "

Breaking out!! soon to 1000x