What is Scam?
Scam is a dishonest scheme that is carried out by an individual or groups of persons in mode of taking away something that is valuable to others. Those who perform these acts are reffered to as scamers.
How do people get involved, how easily are people scammed and reasons?
Many individuals think of the internet as a get rich quick scheme and once they are exposed to any form of investment promising high ROI, witjout a second taught they jump onto it, you and I as well know how this will end? In a nutshell, GREED is a factor
Secondly the inability to conduct research and make real findings on our own. All this as a result of laziness.
Add yours!!
I entreat all of us to be on the look out for scan projects, make our findings and proof beyound doubts their scam intentions and also avoid been greedy when making an inveatment
There are too many scam projects right now, even some which look good from the outside are high grade scam projects. Most will want to take advantage of the greed of crypto enthusiasts especially by giving huge bonuses or making promises of big ROI. Let's just be extremely careful when making investment decisions, do not invest because others are investing and also do not invest what you can't afford to lose.