I just started researching pools, but I am still very confused. You send them the money. Can they scam the investors? I mean, they may not do it the first time, but once they get reputation and the big millions start coming in, they can just disappear with the money, instead of collecting small fees every time.
Is is a possible scenario?
Definitely do your research there are always scammers out there and the admins can run away with your money. Good pools (some are out there) have accessible admins (by phone and/or email - not just telegram) and use a 3rd party escrow service for transparency. I have participated in a few pools with good experiences, but all had those qualities. Beware of the telegram only pools. I am biased because my friends run it, but the 1035 Club is a solid pool. Easy to get in touch with admins...use Primablock as an escrow on all deals. Lots of info on their website -
www.1035club.com and telegram -
https://t.me/joinchat/AAAAAE-vb9fdWs1DRnT9Aw.