This is new year and i expect newbies to get smarter, be careful of new projects that are nothing but pyramid schemes, Multilevel marketing schemes or pyramid schemes may likewise be utilized to swindle crypto investors. Such new companies guarantee enormous degrees of profitability inside a brief period, and regularly convey different individuals to rope in new members. When the part list gets generous and the fraudsters get a sizeable store, they evaporate, leaving all investors seething. The most ideal approach to distinguish such schemes is to take a gander at the project's experience. Such projects will in general evade any perceived organizations or bureaus and have next to no undeniable foundation data, be very careful and limit your losses this new year, all the best.
The easiest way not to get victimized is to totally not invest on these kinds of projects if they offer a percentage, don't go for them if you need to promote and they promised you that you are going to earn from promoting their plan then don't go for it, remember OneCoin and Bitconnectcoin that's how they work.
It's one of their way to deceive and take advantage of people, they think that they can easily attracts people's attention. The problem is that people these days tend to trust and believe someone's word and promises without even analyzing the possible outcomes of their decisions. Aside from that, they choose to disregard considering their own experiences and doing own exploration even if it's going to be beneficial. They usually underestimate the power of research, they don't understand that they are just putting their funds at risk. It's the reason why we need to be cautious before making a certain action or decision because one mistake can have a huge impact on us. Investors should realized that fraudsters are always looking for an opportunity to deceive us and if they don't then they will just suffer the consequences of their actions.