Hope all have gone through my first post here on Publish0x. Sharing it again if in case you missed.
https://www.publish0x.com/rimpi-kumari/korvio-then-dgt-then-hypenext-bitpaid-equal-himachali-bitcoi-xmydezw
As said in this post, I hereby come with the questions one must ask before investing their money.
1) Is that cryptocurrency approved on BSCScan? (Don't forget to check the name of cryptocurrency on BSCScan and its value (price) on it. If it is ZERO, don't pay anything for it or rather prevent yourself from investing in it)
2) Name of the projects on which the Cryptocurrency is successfully being used before your investment.
3) If offered packages of tours to multiple countries or any other greedy promises like doubling of investment or cars, mobiles from community, ask them for their financial reports.
4) If the investment is in cash only and without KYC, ask them how your invested money will be on record of Taxation department, if you don't ask they can do anything with that money and can even refuse to pay you later.
5) Ask for the copy of their personal IDs issued by the state government as you are paying them and if they cheat you must have something of theirs to complain.
6) Record whole conversation and keep in record and ask them to give assurance in written.
7) If any crook offer you a signed cheque of more than your investment, have it very quickly and don't return and tell them if they trust their system, the cheque will be returned to them on completion of their promises. Ask them to write down and sign the document what they are offering.
8) If the plan giver get angry and start cursing you by saying there will be nothing for you ever and you will die poor, ask them is this also a part of training or is it just personal commenting. If they shame others for not understanding and tell you to add more people for gaining more, do understand that MLM system is on cheating only.
9) ask them to leave politely
10) if they say they had taken the loans for investment into this token, ask for their bank statements and loan statements in hard copy for your record and don't return before verifying the same.
11) ask them who started the project or cryptocurrency, and ask them politely to fix a meeting with that person. If they say the inventor/maker/creator of cryptocurrency has left it as Decentralised ask them why it is not in Binance?
Hope these questions will be helpful but many more will be asked as per your general awareness. Remember cryptocurrency is not an investment on Trust only, as trust breaks when you find the cryptocurrency you invested in is Centralised and controlled by group of people about whom even your introducer isn't aware of.
