01-01-2023, 09:23 AM
What instantly turns you off to a crypto project?
<!-- SC_OFF --><div class="md"><p>As we say farewell to 2022, I thought it might be a good idea to crowdsource a basic list of red flags when considering an investment in a new project. </p> <p>A few of mine:</p> <ul> <li><p>Excessive use of emojis in sales pitch</p></li> <li><p>Absence of a detailed roadmap</p></li> <li><p>Promise of a ridiculously high yield</p></li> <li><p>Core team members described as "fully doxxed" rather than "open to public scrutiny" or similar</p></li> <li><p>Poorly defined usecase with no clear advantage over existing projects</p></li> <li><p>Mobile apps that are embedded with trackers and advertisements</p></li> </ul> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/zoomercoomer9000"> /u/zoomercoomer9000 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zzw5ft/what_instantly_turns_you_off_to_a_crypto_project/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zzw5ft/what_instantly_turns_you_off_to_a_crypto_project/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>As we say farewell to 2022, I thought it might be a good idea to crowdsource a basic list of red flags when considering an investment in a new project. </p> <p>A few of mine:</p> <ul> <li><p>Excessive use of emojis in sales pitch</p></li> <li><p>Absence of a detailed roadmap</p></li> <li><p>Promise of a ridiculously high yield</p></li> <li><p>Core team members described as "fully doxxed" rather than "open to public scrutiny" or similar</p></li> <li><p>Poorly defined usecase with no clear advantage over existing projects</p></li> <li><p>Mobile apps that are embedded with trackers and advertisements</p></li> </ul> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/zoomercoomer9000"> /u/zoomercoomer9000 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zzw5ft/what_instantly_turns_you_off_to_a_crypto_project/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zzw5ft/what_instantly_turns_you_off_to_a_crypto_project/">[comments]</a></span>