Bonus section: how to analyze crypto projects

Below is an algorithm for studying crypto projects. This method will help you analyze crypto projects and significantly reduce the risk of buying tokens from some kind of scam.

This research will not protect you 100%, but it will significantly reduce the risks!

This algorithm is enough to avoid falling for a scam, but you also need to study the white paper of the project and understand how everything works before entering the coin.

It is best to study the project as much as possible and collect as much information about it as possible in order to build your own opinion on it. Do not rely on the opinion of some blogger, study the project, the niche, the technology, and look for reasons for the growth of the coin in the long term.