How do you know if a cryptocurrency is trustworthy before you buy it?
Review the project itself
Visit the official website of the cryptocurrency and check:
• Do they have a known team?
• Is there a clear roadmap?
Look at the community around the cryptocurrency
Strong cryptocurrencies have an active community on X (Twitter), Telegram, and Discord, not just fake accounts.
Check the data on CoinMarketCap or CoinGecko
Look at the trading volume, the number of platforms where the cryptocurrency is listed, and ensure there is no suspicious activity.
Beware of exaggerated promises
If the project tells you about unreal profits with no risk, it’s likely a scam.