Do you think it is possible to completely get rid of scams?
Hello everybody. I think everyone who has ever been involved in cryptocurrency investments is interested in the question of how to protect themselves from scams and loss of money. Recently I learned about the CheckDot project, which creates a platform with which it will be possible to get an assessment of any project in the blockchain world. In theory, this way you can get rid of a lot of scams, but does it help?
What do you think, is it possible to somehow get rid of scams among crypto projects?
Scam, fraud and Phishing will never gonna be rid or eradicate because it will always be there regardless on any circumstance but you can avoid it by making the right decision and thinking first before entering in something that you don't know yet. Always remember that it is very important to do plenty of research to avoid getting scam or fraud.
I agree with that and we have to accept that fraud will always exist from time to time,
even so that does not mean we have to just give up, however we need to try to avoid it,
indeed research is very important and before investing or joining a project we need to do that