Yup, I know many people burnt to invest into crap coins, because they did not research or had any idea, as crypto mostly about hype and speculation, So FOMO hit and bought thousands of dollars, and lost all money. Also, I would say be careful about ICO. Recently many ICO took the money and run.
RE: Why 90% Alt Coin Fail? Read This Before You Invest into Cryptocurrency
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Why 90% Alt Coin Fail? Read This Before You Invest into Cryptocurrency