In this video, I’m going to talk about who I avoid in the crypto space and why.
First off, I avoid any project that is hyped up with no real product or solution. These projects are usually created to make a quick buck, and they often have a lot of marketing and hype but have nothing to actually show for it.
I also avoid projects with little or no transparency. This means they don’t have an open-source codebase or they don’t provide regular updates on their progress. These projects often do not have any real development taking place and they are usually just trying to make a quick buck.
I also avoid any projects that are not backed by a reputable team or organization. If the team is not well-known or respected in the industry, then it’s likely that the project is either a scam or not well thought out.
Finally, I avoid any projects that are too complicated or hard to understand. If a project’s whitepaper is too complicated and difficult to understand, then it’s likely not a good project to get involved with.
These are the types of people and projects that I avoid in the crypto space and why.
