It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
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Mate, I can say that if you are investor these days, no matter the DYOR you do, you may get rekt looking at the current condition. Do you think people who lose do make lazy research or what? The fact of it all is that few funds are collected so devs concentrate on spending that instead of thinking about the progress of the project. Many projects have turned to be scam because of low funds. They have legit team and what ever it may take a legit project but they still fail their investors.
I won't blame any investors for losing funds because it is very painful to call those people "not DYOR" meanwhile no one will put their money in a project they know it will fail.