The problem is that people are still investing without any research of each project. Thats why there are so many scams around, because, unfortunately, investors are even too lazy to read the whitepaper or to check the team members.
i believe too that there are some people invest without any research. but i wonder why it can happen continously
in my logic, if we fail/ lose, we will learn from knowledge. it must be applied to investor. they will learn from their mistake. that's reason why i wonder about that
Fortunately, shit projects decrease so drastically now compared with 1-2 years ago