If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?
Do you really think regulators can stop these "monsters" you are talking about? They will always exist no matter how much policies and tougher regulations are done. You have to protect your own self from these bounty projects. It is your own responsibility to make sure you are joining the right campaign. The only strict blows you all can give is to avoid them at all cost.
Regulation in the market is a big help to minimize the risk, we cannot totally wipe out the scams here but with regulation by the government, the scams will significantly reduce. This regulation are meant to minimize the risk as the government also know it's hard to stop all of them, with consequences these scammers will think twice before committing a crime because they will be penalize.
Investors needs regulation to protect them because not all of them are aware how risky the investing in the market, but with regulation they can trust the government as they know it's monitored by the government. Don't think regulation will never come because the government is already starting to regulate the market now, it might take time to fully regulate but good thing they started it already.