Protect Your Investment - 6 Red Flags To Spot A Rugpull
6 Warning Signs to Watch Out For
Learn how to recognize rug pulls in the crypto world and spot the red flags before investing. Delve into the team behind the project: their past achievements, credibility, and community reputation. Scrutinize their social media presence for authenticity, and beware of newly created or fake accounts promoting the project.
Assess the legitimacy of the project through its media quality, website appearance, promotional materials, and the contents of its white paper. Stay cautious of anonymous teams, reminiscent of Bitcoin's mysterious founder, Satoshi Nakamoto.
Ensure the security of liquidity by verifying if the currency is liquidity locked through a time-locked smart contract. Look for a lock-up period of 3 to 5 years post-initial coin offering (ICO) and a Total Value Locked (TVL) of 80% to 100%. Beware of sell order limits, which may indicate control by creators, and sudden price spikes in projects with few token holders.
Be wary of promises of unusually high yields, which often signify scams or Ponzi schemes. Verify staking lock-up periods and demand third-party code audits to confirm project legitimacy. Remember, if it seems too good to be true, it probably is. Stay vigilant and prioritize security in your crypto investments.
Thank you for watching and don´t forget to subscribe!
X accounts @MikaelGarp @LudwigTor
Tipjar
Ethereum: 0x93aC7eBC2C731914ABB9fDf1fF77Bc1E56A5140a
Bitcoin: bc1qp058qkgfsmccjeyfsy5qdx5qm9gy6k5gcyvu4r
Timestamps
00:00 Intro
0:20 Red flag 1: The team & social media
1:40 Redflag 2: Liquidity lock
2:53 Redflag 3: Limit sell orders
3:35 Redflag 4: Pump n dump
4:31 Redflag 5: High yield
5:36 Redflag 6: Code audit
Videos mentioned:
Support us by buying crypto on BitGet through this referral.
https://share.bitget.com/u/U8HSK155
Support us by buying crypto on Gemini through this referral.
https://www.gemini.com/share/96y8l8737
Disclaimer: The information provided in this video is for educational and entertainment purposes only. It is not financial advice.
#Crypto #Cryptocurrency #Bitcoin #Ethereum #defi #altcoins #Invest #Metaverse #Altcoin #News #SharkeFi #rugpull #rugpulls #pulls #rugs #rug #liquiditylock #liquiditylocks # limitsell # limitsellorders #limitsellorder #pumpndump #pump #dump #pumpdump #highyield #yield #audit #codeaudit #scammer #scammers #redflag #redflags #6redflags #protectinvestment #protectinvestments #protectyourinvestment #protectyourinvestments #spotrugpull #spotrugpulls
-
10:56
Scammer Payback
5 days agoScammer Reacts when he notices his Webcam ON
107K55 -
58:11
The Why Files
4 days agoThe Search for Noah's Ark | Giants & Aliens in the Book of Enoch
109K136 -
2:15:43
vivafrei
16 hours agoFATHER'S DAY SPECIAL! Young Thug! Hunter Biden! 2nd Amendment! SCOTUS & MORE! Viva & Barnes!
127K162 -
LIVE
Vigilant News Network
13 hours agoMedia Blackout: 10 News Stories They Chose Not to Tell You - Episode 27
2,444 watching -
1:10:08
The Late Kick with Josh Pate
10 hours agoLate Kick Live Ep 522: CFB’s Loudest Stadiums | SEC Sleepers | Preseason Poll Ban | Recruiting Scoop
35.8K1 -
1:17:59
Game On!
12 hours agoSpecial Father's Day NFL Stream! Happy Father's Day Dads
60K7 -
43:20
Standpoint with Gabe Groisman
18 hours agoEp. 31. US Military Assessment of Gaza-Israel Conflict. Lt. Col. Geoffrey Corn
78.5K45 -
1:29:53
TheAlecLaceShow
1 day agoGuests: Vivek, MTG, Roger Stone, Mike Lindell & More | Live From Detroit | The Alec Lace Show
75.9K88 -
7:39
Sideserf Cake Studio
1 day ago $11.22 earnedA Hyperrealistic Cake on the Ceiling?! Celebrating 6 Million Subscribers!
113K23 -
1:04:23
Squaring The Circle w/ Randall Carlson
1 day ago#008 Are Sea Levels REALLY Rising? Pt 1 - Squaring the Circle: A Randall Carlson Podcast
109K75