ernaK on Nostr: #Defi #Nostr #web3 #Crypto What do we learn from $LIBRE rug -pull by Milei ? - The ...
#Defi #Nostr #web3 #Crypto
What do we learn from $LIBRE rug -pull by Milei ?
- The importance of due diligence , throughly research before comitting funds . just because some wealthy rich and famous people make the project , it does not mean the project is good .
- Know the trigger , scams often exploit FOMO " Fear of Missing Out " . it is crucial to making a logic decisions and not based on impulse .
- Beware of " too good to be true " promise
- Transparency matter , all the project should transparent , the project management , team , their goals , and expectation .
-The rug-pull is common scam in Defi , where the project holder , abandoned the project and take away investor funds . in my opinion this is criminals and should be take accountable in court .
-Lacking regulation and accountability in this project , the nature of decentralized making this difficult to prevented it .
- the best lesson probably , enggaged with community and only invest in the project which checked all the security and due diligent compliance .
What do we learn from $LIBRE rug -pull by Milei ?
- The importance of due diligence , throughly research before comitting funds . just because some wealthy rich and famous people make the project , it does not mean the project is good .
- Know the trigger , scams often exploit FOMO " Fear of Missing Out " . it is crucial to making a logic decisions and not based on impulse .
- Beware of " too good to be true " promise
- Transparency matter , all the project should transparent , the project management , team , their goals , and expectation .
-The rug-pull is common scam in Defi , where the project holder , abandoned the project and take away investor funds . in my opinion this is criminals and should be take accountable in court .
-Lacking regulation and accountability in this project , the nature of decentralized making this difficult to prevented it .
- the best lesson probably , enggaged with community and only invest in the project which checked all the security and due diligent compliance .