I will personally answer, it is very difficult to avoid scam investments, especially in new projects that actually have potential. Because currently scammers also have a very clever strategy to trap investors. However, apart from that it doesn't scare me into investing even in a relatively new project because one of the keys to investing is to do it with money that is intended for investment. So, if the money is lost it will not have an impact on our finances.
I agree.
They're clever and making it look like they're trustworthy at the beginning and that's why spotting them these days is hard. But don't settle for it because there are still ways of finding them out especially if you already have the experience of being scammed. You'll get to see how they're working for their brand and if there's something that's truly suspicious, you'll get to see what they're up to. In that case of seeing a red flag and bad sign, you just have to avoid it then and don't push for it even if you're really seeing the potential with them. Because that could be hype at the first place that you've seen.