We're going through a wave of scams, rug pulls, protocols shutting down. As a result a lot of people have lost money on a long list of new protocols. What can we do to reduce out risks? Actually there are several things we can do to mitigate the risks associated with investing in new protocols. Watch this video as I explain in detail with a handy chart available to paid members of this channel what you can do yourself to reduce the changes of getting scammed and rug-pulled. Click here to become a member: https://www.youtube.com/channel/UCmFRq-Zt1PtD3a0Aqa6uobQ/join ( The JOIN button does not appear on iOS devices. The JOIN button appears on Android devices and computer web browsers) AFFILIATE LINKS: Check out Gate.io. Get a $100 free crypto bonus and $5,500 USDTest when you sign up with my link and trade: https://www.gate.io/signup/8905500 USEFUL LINKS: TIME STAMPS: 00:00 Many scams and rug pulls happening 01:15 I created a handy chart for paid members only 02:10 Many things to verify BEFORE investing to mitigate risk 04:00 Evaluate the team 04:15 Anonymous or not? 06:17 Doxxed or KYCd? 07:20 Known parters? 08:50 Prior successful projects? 10:15 Evaluate the audit 10:30 Look for EVIDENCE, don't trust people's word 12:01 Already audited? 12:20 Is an audit underway? 13:25 Is an audit planned? 16:20 Contracts and treasury controlled by multi-sig? 17:15 Protocol employees often steal money 18:45 Many protocol are run by very young and inexperienced people 21:45 Planning to use a multi-sig? 22:45 We want protocols that generate value for investors 23:48 What's a Ponzi scheme? 25:27 Good projects like Uniswap and Abracadabra provide VALUE 27:00 Is the protocol only redistributing tokens between investors? 29:30 Minting unlimited farm tokens? 32:40 Charging huge entry or exit fees? 39:55 Is is an OHM fork with an impossibly high APY? 41:59 Do you understand how the yield is generated? If not, YOU ARE THE YIELD! 44:50 Lose the FOMO (fear of missing out) 45:35 Avoid bad people and fools 46:00 Even after checking all this, a hacker can still take your money 47:00 Is there a bug bounty? You can download my complete Low Risk High Reward Crypto Strategies book for FREE in PDF format here: https://linktr.ee/deficryptotoday You can also buy the book on Amazon here: https://www.amazon.com/dp/B098D6G9JY WARNING: Many comments below comme from scammers and spammers. While we do our best to remove them, you're warned to be careful and not to answer or contact them. DISCLAIMER: This presentation is for informational, educational and entertainment purposes only. Nothing is this presentation is financial, legal, tax or any other kind of advice. Nothing presented here is an inducement to make any particular investment or to follow any specific strategy. Make your ... https://www.youtube.com/watch?v=5IgrCX7M_xw