This article is a must-have for every crypto or non-crypto newbie.
Agreed. But actually all these things are so simple that even a child can guess them before investing.
And because its so simple to understand wether its scam or not, so more people proceed even they know that it is scam, since they knew already how it works and how they can profit especially in ponzis.
Simple but there is something that make people blind and proceed to invest though doubted that the site is scam because of good offers. Still simple reminder can help to be more cautious on every action when investing and be alert on choosing the sites where you enter. Scam is everywhere, do not be careless on every click you do.
A universal tool to recognize scam does not exist, because the team of such a project until the last creates the appearance of work and tries to show that everything is fine. Sometimes a project literally disappears in one night, social accounts are deleted. Networks and forums, the site close and all contacts with developers disappear. In some situations, the team makes the appearance of work. After all, most cryptocurrency scams are ICOs.