Ask Leo: should transparency be a factor to consider before investing money in crypto project

[femcy-willcy]

what is transparency?

Transparency is the extent to which investors have ready access to required financial information about a company, such as price levels, market depth, and audited financial reports. Investors also require transparency with investment firms and funds surrounding the various fees that'll be charged to them.
source

When investing in any crypto project one of the factor to consider for an investor before investing is transparency that means any where you want to place your money such business they must be transparent. And any business or investment which is not transparent is a Ponzi scheme. There are some Investment that requires putting your money such investment never state the work or what they want to use the money to do what they will offer you will zero your mind to even ask or see what they want the money to do by offering doubling the money within a short period of time and you believe that is a good opportunity and investment. No they only draw your attention then scam you at the end of the day. Never fall a victim of Ponzi scheme whenever an investment is not transparent don’t invest in such investment.

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Comments

[mosesessien]

Yes o it is very important so that you will not get lost

[femcy-willcy]

Thanks for your comment
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[mosesessien]

Thanks for all this I really appreciate

[femcy-willcy]

You are must welcome
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