Do's and Don'ts for LBP Participants

Main Do’s:

Do your research and understand the project: Before participating in any LBP, thoroughly research the project. Look into the team behind the project, the problem they aim to solve, their business model, and their roadmap. You can also read the whitepaper to gain a deep understanding of the project's technology and tokenomics.
Understand the mechanics: Know how the LBP works, including the starting price, duration, and how the price will decrease over time. Check for Lock-ups and Vesting: Be aware of any lock-up periods or vesting schedules that could affect your ability to sell the tokens.
Watch the price movements: Keep an eye on the token price as the LBP progresses. This can help you decide the optimal time to buy based on your risk tolerance and investment strategy. Follow the project’s official channels for any announcements or updates that might impact the LBP or the token’s future.

Main Don't's:

Don't invest based on hype alone: Avoid impulsive decisions – don't get swayed by the hype or the fear of missing out (FOMO). Make decisions based on thorough research and reasoned judgment.
Be wary of projects that promise unrealistic returns or that do not have a clear use case or a transparent business model.
Don't over-invest: Only invest what you can afford to lose. Cryptocurrencies and LBPs are particularly volatile and can be high-risk.

Do not put all your funds into a single LBP. Diversifying your investments can help manage risk effectively.

Main Do’s:

Do your research and understand the project: Before participating in any LBP, thoroughly research the project. Look into the team behind the project, the problem they aim to solve, their business model, and their roadmap. You can also read the whitepaper to gain a deep understanding of the project's technology and tokenomics.
Understand the mechanics: Know how the LBP works, including the starting price, duration, and how the price will decrease over time. Check for Lock-ups and Vesting: Be aware of any lock-up periods or vesting schedules that could affect your ability to sell the tokens.
Watch the price movements: Keep an eye on the token price as the LBP progresses. This can help you decide the optimal time to buy based on your risk tolerance and investment strategy. Follow the project’s official channels for any announcements or updates that might impact the LBP or the token’s future.

Main Don't's:

Don't invest based on hype alone: Avoid impulsive decisions – don't get swayed by the hype or the fear of missing out (FOMO). Make decisions based on thorough research and reasoned judgment.
Be wary of projects that promise unrealistic returns or that do not have a clear use case or a transparent business model.
Don't over-invest: Only invest what you can afford to lose. Cryptocurrencies and LBPs are particularly volatile and can be high-risk.

Do not put all your funds into a single LBP. Diversifying your investments can help manage risk effectively.