there are many frauds that happen in the past years and it causes fear to other people and that's why they are now afraid to make investment in the market. Misinformation and misconceptions are both factors why people are getting fraud. It is better if we know what we are doing in order to have a profit.
The fact is that compared to 2017 and 2018, fraud in the cryptocurrency market has become a little less, because investors have become more careful in choosing new companies to invest in. Of course, scammers today come up with various ways to deceive cryptocurrency users, but nevertheless, in my opinion, the scale has become a little smaller, although it has become much more serious. And most companies do not show good results and disappear from sight after their announcement only due to the fact that the cryptocurrency market is in very poor condition and most potential investors do not express a desire to invest their funds in low-potential projects.