10 practical steps to protect your money and investments
1️⃣ Verify the project's source
Look for the official website, check its domain (.com, .io…).
Check for the team: real names + LinkedIn.
✅ If the site looks cheesy or the images are fake → warning sign.
2️⃣ Profit promises
Any project promising immediate or very high returns daily/monthly → often a scam.
Rule: reasonable returns vary by market → don't trust the big number without analysis.
3️⃣ Transparency
Check for the existence of a Whitepaper or clear project document.
The team must explain the technology, risks, and project plan.
❌ Absence of these documents → red flag.
4️⃣ Offers via messages
Any offers coming via DM on Twitter, Telegram, or Discord with pressure to make a quick decision → often a scam.
✅ Take your time before investing.
5️⃣ Wallet and private key
Do not share private keys or recovery phrases with anyone.
✅ Any request for this information → potential scam.
6️⃣ Community and rating
Check Reddit, Twitter, or crypto forums for other users' experiences.
❌ Frequent complaints about scams → avoid the project.
7️⃣ Check the license
If it's a trading platform or project offering financial products, check its registration with a recognized financial authority.
❌ No license → high risk.
8️⃣ Technical verification tools
Use tools like Scam Alert or CoinMarketCap to check the coin's reputation.
✅ Any warning sign → stop immediately.
9️⃣ Communication style
Beware of emotional language: “Invest now before it's too late,” “100% profits.”
❌ Emotional selling style → potential scam.
🔟 Investment test
Before any large investment, try a very small investment to assess the project's security.
✅ Any suspicious behavior → withdraw immediately.
