DEFI BOOM! Be Very Carefull - There will be a lot of Scam

Probably many people would be buying alot of defi projects. Lets be carefull. There are good projects so also there are projects that are there to just to dump on you.
Remember the ICO boom? What is the worth of many of the ones left not to mention the ones that we can’t see again.
Same will happen with many of this DEFI projects.
If you must invest, so some research yourself it might helo you make better decision rather than buying hype or a project that is going no where.

20 Likes

Very. This is the world of crypto. And in crypto world, the unexpected always happens. Trend with caution. Many fishy, few genuine.

6 Likes

Yes there are always dubious projects. Do your research and look at reviews

6 Likes

The crypto market requires a very thourough investigation and research before investing…many coins are out threr without any meaningful project…pls lets be guided

7 Likes

Indeed, there are lots and lots of scams.
In Crypto space, just expect the good, the bad and the ugly.

DYOR and do reviews!

5 Likes

Indeed, there are lots and lots of scams.so be careful and do your research very well and look that the reviews ok.

4 Likes

This is normal in crypto space that’s why there are more tips on how to avoid scams

2 Likes

Very true… DYOR before going for any project.

3 Likes

Very true we all have to be cautious, thank you for the heads up. :100:

3 Likes