I think one of the reasons here is people get some research and found out they can improve or extend their source of income if they can invest at the crypto industry well. the only problem here is which project to invest your money with. because if you failed to choose the right project, we already know what's gonna happen next. Anyway, it's a good thing for them to invest in the crypto industry since this will be the trend now for there will be some major developments to promote this industry in the near future. Like for example where the other countries have already lifted their ban on cryptocurrencies.
What I'm worried about is, people who are new to this ecosystem are not aware of the risks involved, they just focus on the profit opportunities offered. That can make a difficult situation even more difficult, everyone must realize that all investment products must have risks, so be more careful. Unfortunately, there are still people who are greedy and only profit oriented, if the loss is due to their own carelessness they shout out loud that crypto scam. What irony.
There are a lot of people who we can considered as dumb when it comes to investing because they still do not have foundation about cryptocurrencies. For those newcomers, it is really better if we will focus on investing in our knowledge than to invest quickly in a project or in trading because for sure you will experience because of the lack of experience and information.