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28785984 No.28785984 [Reply] [Original]

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.

>> No.28786153

Or just put money into btc

>> No.28786273
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28786273

>>28785984
Actually useful thread. Cheers, OP.

>> No.28786364
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28786364

>>28786153
and get rug pulled 85%, don't tell me you know where the top is

>> No.28787292
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28787292

>>28785984
op = based
pay attn newfags

>> No.28787422
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28787422

>>28786273
10x. Every time I post there are 4-5 responses, which makes me think 90% of biz is scammers or shillers

>> No.28787427

Another thing is look at their website. Does it look professionally built or is it a drag and drop site?

>> No.28787455
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28787455

>>28785984
Thanks, anon.

>> No.28787516

>>28787427
Yeah, but YFI website looks too simple, like a scam

>> No.28787658

>>28785984
Any chance you could breakdown Hoge for us? Ill have a look myself, too. I really want to understand what you are talking about.

>> No.28787762

>>28785984
Subtle dextools shill, but solid advice.

>> No.28787995

>>28785984
how to tell if liquidity is locked, and where to see wallet holders, sorry bros dont usually invest in pootokens

>> No.28788254

>>28787995
nvm just found that shit on my own. How much coin consolidation is bad? What if a coin only has 200 mill circulating and the top 10 holders hold about 8%

>> No.28788338

>>28785984
There's been a recent surge in uniswap scams that I've seen which prevent you from selling. Checking locked liquidity is important but ultimately if there's something in the code which stops you from cashing out, you're not gonna know unless its audited or you know how to read the contract yourself.

A lot of these scams have websites ready to go and are shilled here, often within minutes of listing. Sometimes they have the same ticker as legitimate tokens that have yet to be released. They do this because there are a LOT of apes with no impulse control who see a fresh project with a tiny marketcap and think "it can only go up from here". You can spot these scams if the chart is perpetually going up apart from a few sells by one address only– the contract owner. I can't believe the amount of money I've seen people lose to these things over the last few weeks alone.

>> No.28788361

>>28787762
never owned dextools token, but i get it

>> No.28788440

>>28787658
no website, no Gecko ?

>> No.28788449

>>28787427
Yeah, except for Everest

>> No.28788644

Good advice I always make sure the coin does something unique and has produced some actual work before I invest. I also never by food or dog themed coins something just screams scam when I see those

>> No.28788691

You can still do everything right and get dumped on. A lot of good projects failed

>> No.28788767
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28788767

>>28788338
I lost some ETH to Instant Uniswap listings, after that, I never ape into instant listings.
If it's that good I will buy the dip after 1-3 months. Nothing goes up forever

>> No.28788776

>>28785984
>1.Go to https://www.dextools.io, see if liquidity is locked, if not don't invest.
already stuck at this step
why do silicon valley faggots insist on these websites where shit moves all over the place as you scroll
and nondescriptive shit nobody cares about
i literally just want to see if liquidity is locked. do i have to register an entire free account or download some gay app just to do that?

>> No.28788792

>>28788644
>food
There's one noteworthy exception.

>> No.28788920

>>28788691
Better to lose on good projects than scams

>> No.28789034

>>28788767
Thankfully it's only ever happened to me once and I lost $100. project was legit but I didn't see on the website that the token listing wasn't for another couple of weeks. "apes together strong" can turn into "lemmings together dead" if people aren't careful.

>> No.28789172

>>28789034
There are some projects with no tokens listing and they link the real website to the fake token.

>> No.28789597

>>28788691
Just because something isn't a scam doesn't mean it will succeed. Decent microcaps are still a very risky investment.

>> No.28790003
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28790003

>>28789597
BTC is an experiment, DYOR

>> No.28790142

>>28785984
have a bump. fuck brown people

>> No.28790682

>>28785984
Anon, what does it mean when something is 94% locked with more liquidity pools to unlock in a few months..

>> No.28790851

>>28785984
rip mcdc

>> No.28790983
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28790983

>>28790682
If 100 ETH is in the pool that means 94 is locked.
If it will unlock it means they can rug pull all the liquidity

>> No.28791060
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28791060

>>28790851
promoting with hoes, obvious scam

>> No.28791149

>>28788776
made for zoomers. check out https://www.oneplus.com/de/8t?from=head for a hyper zoomer design

>> No.28791374

>>28788254
Bump that ?. Elon mentioned too much coin consolidation, for Doge, was a deterrent for investors.

>> No.28791709

>>28791149
jesus fucking christ

>> No.28791727

>>28786153
Yeah you're really gonna get rich getting inot Bitcoin in 2021.

>> No.28792057

>>28785984
Thank

>> No.28792172
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28792172

>>28785984
Thanks for the help, big dog