Three crypto projects that will keep your investments safe in 2022: Bitcoin, Big Eyes Coin and Algorand

It’s important to be safe when navigating the crypto ecosystem. Looking for projects like Big Eyes Coin with security verification or Bitcoin with their user-verified security reports is essential, as without them you could be at risk.

Fraud, racketeering and other nefarious activity are an unfortunate side effect of an economy run anonymously through the Internet with little governance, making it critical to know how to spot red flags in projects and which projects to turn to instead a safe investment.

In this article, we will take a closer look at Big Eyes Coin, Bitcoin and Algorand, to see what about them makes them likely to be safe and secure investments.

Old But Golden: How Bitcoin’s Legacy Proves Its Security

As the originator of blockchain technology and cryptocurrency, it is no surprise that Bitcoin has been able to build a reputation as one of the ecosystem’s most secure projects. Having never been directly hacked despite 13 years of operation, Bitcoin has proven its security time and time again, making it likely to remain this way as a safe option for investors.

Despite using the older and less popular Proof-of-Work validation system, Bitcoin is still going strong, with this more outdated form of validation being a potential reason why Bitcoin is so difficult to hack and has remained so since 2009.

Therefore, for new crypto investors, Bitcoin can be a good choice.

Algorand and the removal of anonymity as security

One of the biggest fears that early adopters have when getting involved in cryptocurrency is the fact that it is completely anonymous, right down to the names of developers and project managers. Bitcoin’s creator, for example, is notorious for remaining anonymous all this time.

Therefore, looking for projects where the developers are named is a great way to confirm the security of a project. Algorand, for example, names its founder as Massachusetts Institute of Technology professor Silvio Micali, whose specialty is computer science. Having a name behind the project, and a name with credibility, makes Algorand a project that investors can trust.

Therefore, Algorand is a project worth investigating for those looking for a safe project to get involved with.

Big Eyes Coin will be CEX Tier 1 secured in the latest update

It was recently revealed that the upcoming meme token project Big Eyes Coin has been Tier 1 security rated by CEX, which means that the token will join the CEX exchange soon after the conclusion of the presale.

The project has currently raised nearly $4 million, and the project’s fourth phase of pre-sales will be announced soon. The popularity of this project can be attributed to many factors, but it is safe to say that the security of the project is a big draw for early investors.

New crypto projects like Big Eyes Coin have the potential to make or break early investors: if a project is successful, an early investment can result in big rewards later. However, a bad investment can easily lead to money being lost, either due to the project failing or the project being a scam.

There are several signs to look for when investing in new projects to minimize the risk of falling victim to a scam. One such example is looking for a whitepaper and roadmap, as this proves that the project is long-term in mind, and is not just an attempt to make money and pull the curtain. This can be found on the Big Eyes Coin website and explains in detail the goals of the project going forward.

Another indicator is a security check or audit. These can come from a variety of trusted sources such as CertiK or CEX, and prove that a third party has assessed the project and marked it as safe to trade. Without an audit of some form, it is impossible to gauge the validity of a project, meaning Big Eyes Coin is likely to be a safe and secure investment.

Want to learn more? So check out the links below:

Pre-sale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram:

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