#BNBATH880 How to reduce the risk of new currencies?
Read the project's whitepaper.
Check the team and whether they have a previous record in real projects.
Ensure that the smart contract is audited by a known entity (such as CertiK).
Monitor the trading volume and liquidity on major platforms.
Never invest more than you can afford to lose.
It's better to start with a very small amount if you want to experiment.
🟢 Golden Rule
The newer and smaller the currency, the greater the likelihood of loss over profit.
Profit is possible, but these currencies should be treated as high-risk speculation rather than a long-term investment.
Would you like me to prepare a short list of the most common indicators that reveal a fraudulent currency (such as currencies that cannot be sold or where the developer owns 90% of the supply) so you can examine any currency yourself?