Post
Topic
Board Altcoin Discussion
Re: The altcoin market has become scammer's playground
by
nikola22
on 02/12/2021, 00:55:22 UTC
It will always be a scammer’s playground as the crypto community hasn’t yet regulated. So management can easily go away with investors’ money if they wanted to. What we can do about this to mitigate the risk of getting scammed is to know the project deeply before investing. If you plan on investing for a long term, make sure the team is solid and transparent on their identity.

blockchains can't be regulated so such scam projects will appear regularly. many people just want to receive easy money and such projects is the result of demand.