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Cryptocurrency discussions / Re: How can I choose which cryptocurrency to invest in?
« on: April 28, 2024, 12:25:11 PM »Currently, many of the teams behind a crypo project are hidden, because of this we have to be careful with projects. This is different from 2017, the team will see who is behind the project. And be careful, because fraudsters are getting smarter at setting trapsIt's true, it's not easy for us to see the team behind this project. Those project developers who want to scam often read threads like this. So indirectly they already understand what they are going to do next and finally up to now there are many new projects that hide the team they own. In contrast to the project in 2017, many teams were informed clearly and there was nothing to hide.It is not easy to see the reputation of the team behind their project, because crypto is semi-anonymous, so it will be difficult for us to know who they are behind the project. As you said, we will know the reputation if the project is running and successful. So as long as it's still new and there's no good progress, I think we'll all have difficulty predicting it
That's right, as you said, the reputation of a project determines the future of this project, because of course the team behind all these projects will continue to try hard to provide the best because the reputation of their name is at stake in this project.