How to detect rugima: Key warning signs for cryptocurrency investors
The Cryptocurrency world is covered with high profile scams and themes in recent. One of the most common tire scams is the “carpet draw”, we expect investors to lose the entire investment short. In a quick article, we explore how to detect a round and provide the key to help you lose hard encryption technology.
What is the carpet pull?
Carpet pull is a type of scale includes rapid collapse of the cryptocurrency project, coordinated efforts of authors. The goal is to project, cause project, project, moment and pace.
Warning means a carpet pull
Here is a resort in May, which means the carpet’s attraction:
- Unrealistic promises : Be war projects that promise unusually high actual profits in a short time.
- Trust : Projects with unclear or uneven business, poor communication, development processes and fincials can be scams.
- Overcoming : If the project is an excessive prizeline, it is a cheater (s)
- vaguely the puppet : bee careful with the cuddly cuddly listed or thinly listed, as this cannot demonstrate regulation and control.
- Red Tickets Other Investors
: It is a project’s legitimacy, safety or carpet potential, it is probably worth investigating.
- Wrong news or social media campaign :
General red flags crypto projects
Here is a holiday destination in May, which means a cryptocurrency project that risk the carpet’s attraction:
- low market value : projects with low market value (eg less than $ 100,000) may be more susceptible to RG bets.
- High liquidity risk : Projects with a high fluid risk (eg highly high trade) can be more susceptible to pump-pump systems and common forms of manipulation.
- Lack of Development Development : If you are predicted to be developed, it may indicate intervention.
Protective yourself off the carpet
In order to avoid falling in the fall fall:
- Do your research : thoroughly study the project team, development processes, finances and market potential.
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- Meri news and social media :
- Deversify portfolio : Turn investments over multiple cryptocurrencies to minimize risk.
- Don’t invest more than you can afford : a bee considerable note that will ask you to invest.
conclusion
Cryptocurrency investments have risks, and carpet pulse is a scam type that is irrelevant to financial loss. By identifying the warning signs from the carpet’s tensile and tuning stages to protect your own, you can rest your risk for this type of scam. Be sure to do research, check in, follow the news and social media, diversify your portfolio, and not invest.