I’m thinking about putting some money into DeFi projects

[crowdo]

Hey folks, I’m thinking about putting some money into DeFi projects, but I keep hearing horror stories about rug pulls and bad investments. How do you actually invest safely in DeFi without getting burned? Are there any common mistakes I should avoid?

[kreoto]

Hey, good question! It’s great that you’re thinking about risk before jumping in. DeFi has amazing opportunities, but it also comes with its share of pitfalls, and a lot of people lose money simply because they don’t know what to watch out for. If you want to get a solid foundation, I highly recommend reading how to invest in defi projects. It goes over the biggest mistakes people make and how to avoid them. One of the key things is doing proper research before putting money into a project. A lot of investors focus only on high APYs and forget to check whether the protocol is actually secure and sustainable. Another common mistake is ignoring risk scoring—some strategies might look promising but come with a much higher chance of impermanent loss or contract failures. Platforms like Rivo help a lot because they only integrate audited DeFi protocols and provide risk assessments for every strategy. That way, you can make informed decisions rather than just chasing the highest returns blindly. If you want to avoid beginner mistakes and invest wisely, that guide is a must-read!