Things to do before keying into that cryptocurrency project
I have been looking for all means and avenue into ensuring that before people key into any given cryptocurrency project they should knows that they are certain thing that is needed to be observed or put in place. We all must have made one or two mistake out there in the past. Since we were able to spot such mistake on time, I believe it won't be meaningful keeping it to our selves. If we do so our brothers might be the one that will fall in that category someday. Cryptocurrency is binded with love so it is advisable that in all we do we should learn to share information by spreading it to more ears. Just like what I said above, you might think it will not be necessary doing so, if you have that mentality you might regret it time to come. It might be your relatives that might fall prey to such issues. Taking proper look at the cryptocurrency ecosystem and the blockchain at large, you will notice that the moment new scam pattern is spotted people will raise alarm. Assuming most of them are keeping it to themselves many people would have fall in to such table. This is why I am advising we all to share information, it will be useful to we all. Always remember that when it comes to cryptocurrency and the blockchain at large, there is nobody that is an island here. We are all learning day in day out.
I have seen people doing the unexpected in the cryptocurrency ecosystem. Many thinks that since they are making money from the cryptocurrency ecosystem and the blockchain at large, they have known it all. If you are in such table you should be better change your mentality. Such thing is not a good practice I must admit. Cryptocurrency is all about love and affection. If you can't practice what I mentioned above, I will say that you should not bother coming or keying in to the cryptocurrency ecosystem and the blockchain at large. We don't want to see someone spoiling the love that we have been practicing in the cryptocurrency ecosystem and the blockchain at large. Those people that claim they knows it all, after getting hit negatively in the cryptocurrency ecosystem and the blockchain at large are still the set of people that will go and start telling people that cryptocurrency is scam. They will go out trying to paint the cryptocurrency ecosystem and the blockchain at large black. Funny enough, I have come across some person's like this.
Mind you, when it comes to the cryptocurrency ecosystem and the blockchain at large, there is no body restricting you, you are free to do whatsoever thing that you like but despite that, you should knows that understanding how the cryptocurrency ecosystem and the blockchain at large works is very important. If you fail to get all this achieved you might get burnt deep down along the line. You should knows that being inquisitive is very important in the cryptocurrency ecosystem and the blockchain at large. Failure to do that might impact your cryptocurrency journey negatively. We have heard stories of people getting burnt in the cryptocurrency ecosystem due to their careless mistake. There is this popular saying that states that if you fail to learn, you will learn the hard/difficult way. Below are some of the things to note before keying into that cryptocurrency project, they include;
Customer service; If you noticed that there is no good management in place it will be advisable not to give it a try. The essence of customer service is to help to sort out issues, if they are not handling issues professionally, you should have a rethink or else sooner or later you might regret it.
Knowing the team; You should make sure that you knows everybody that made up the team. You can as well carries research to see some of their present and past record. This might not be needed all the time but it is good you do it.
Open source code; It will be better their code is open source so that people can go through it before anything. Take this serious.
Road Map; Make sure that the cryptocurrency project have good road map before keying into it. You should be able to know their set goals.
I will end the post here, have a nice day.
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hi dear friend @tfame3865
It does not matter how much we study, it does not matter how many experiences we have lived, every day on the blockchain something new can happen, we must be careful with scams and projects with a dubious reputation.
god bless you
Yes, we must be careful out there
The large number of cryptocurrency projects springing up every day is not a small number, investors either regardless of the capacity of investment, one must take time to study and understand where we want to make our investment.