/biz/ - Business & Finance

>>29294077
1.Go to https://www.dextools.io, see if liquidity is locked, if not don't invest.
If the project is listed on Binance you are 90% safe from a rug pull.

2.If locked, check if the team has locked liquidity, this is the first risk because most of them don't have team tokens locked. Check to see if they are for at least 3 months in the market, if so you are safer but not 100%.

3.Check the first 10 -20 holder wallets on Etherscan if they have only the token you are possibly investing in, that means the team owns those wallets and are trying to fool you into thinking they are individual investor wallets.

3.Check to see if they have a visible team and check them on Linkedin so the profiles aren't fake.
So projects work with anonymous teams, but that's a red flag. If the team is Indian or Chinese it is possible they are going to dump the tokens on your head and make another project with an anonymous team. Speaking from experience.

4.If no roadmap, that's a red flag. If the roadmap says Q1 - listing on Uniswap and CoinGecko, do not invest.

5.Check Twitter to see if they are active, at least 1 tweet every 3 days.

6.Ask questions on Telegram or Discord and see how the group responds, spend a few hours, and if they are not friendly or let other members talk shit to you, better not invest.

This is NOT "How to make a profit with crypto". YES, you can buy a scam and make a profit, and you can buy a legit project and lose.

I lost about 24 ETH to find out these things, if you have more to add please tell me.

If we stop the scams, all that money will go to hard-working people, and we all make gains.

Please repost this from time to time.

This is not a pajeet nigger shill, I'm not gonna give you the name of the token.
I made the bottom of a small-cap token, the project is in the works for 1 year, the token is out for a few months and even if it a scam they are doing the work to make this a 50 x minimum, because this is under 1 mill MC.
Team tokens are locked, liquidity locked, they are doing more things then the Roadmap, overdelivering.
I am a top 5 wallet.

What other things I should be looking at ?

>>22411511
I put my life savings into it right now, this is gonna 50 X in 1 month