Quote from: Alikhaki123 on August 19, 2021, 02:21:43 PM

In a recent speech at the annual PNWER meeting held in Montana, Neil Kashkari, president of the Federal Reserve Bank of Minneapolis, sharply criticized cryptocurrencies, stating that "95 percent of cryptocurrencies are fraud, deceptive advertising and noise," and he also said he had a more positive view of cryptocurrencies in 2015. Kashkari also referred to the large number of altcoins and called them "garbage coins."

Well, that’s why you have to be really carefully these days, because there’s always going to be lots of fake projects that are owned by scammers. What they mostly do is to copy and paste from the original and that’s it. Once they are caught they will move on to create another one that they are going to use to be scamming people.
That’s how it is everywhere, and since these scammers can easily copy whatever they want and just paste it, They tend to keep creating lots and lots of fake projects on the net.

Now, it is up to us to be able to figure out the fake projects when we are looking for what to invest in. When you are investing your money in a project, if you are not sure of what you’re investing in, then it’s best that you leave it, and look for other projects, because there are many of them.