What steps do you take to verify the legitimacy of a cryptocurrency project before considering an investment, especially in an environment where crypto scams are prevalent?
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What steps do you take to verify the legitimacy of a cryptocurrency project before considering an investment, especially in an environment where crypto scams are prevalent?
Understand the basics of blockchain technology and cryptocurrency. Knowledge empowers you to make informed decisions.
It would be very good to know what measures to take, to know how to invest in a project in a safe way. Right now I am asking what mechanisms exist to detect a scam?