Quote from: Cherylstar86 on October 11, 2018, 08:14:36 PM

Quote from: fbastage on October 11, 2018, 05:25:21 PM

The more money in the niche, the more skillful the scammers are. Nothing wrong. Members of the community from year to year are becoming more literate + there are services tracking fraudulent projects.

Yes most of the traders were learning how to determine those fraudulent project that has gone widely prominent around the crypto world, who created more chaos which has brought more hurt aches to several scam projects this year. This also created negative impact to crypto society, that leads to the downfall of the market due to disappointed investors who seem to experienced scam attempts.

As the cryptocurrency market grows stronger and the value of crypto is higher, this is a good place for scammers to work. Because cryptocurrency is characterized by security and anonymity, so when fraud and theft occur, it is very difficult to handle. So every investor should equip themselves with knowledge to protect their assets in this market.