Staying Safe in Crypto: Avoiding Rug Pulls and Scams

Lately, I’ve been reflecting on how easy it is to get caught up in the excitement of new projects, only to realize later that something feels off. Rug pulls and scams seem to be everywhere these days, and I’m curious what strategies do you use to protect yourself?

Do you have any go-to methods for vetting projects before diving in? I’ve started paying closer attention to things like team transparency, audits, and community sentiment, but I’m sure there’s more to it. How do you balance the thrill of finding a potential gem with the need to stay cautious?

Also, have you ever had a close call with a scam? What red flags did you notice (or wish you had)? I’d love to hear your experiences and any tips you’ve picked up along the way. Let’s help each other stay sharp out there!