There are a lot of scams and very often newbies invest money is scams.
That is why it is necessary to check everything about the project not to invest money in scams.
Investors would continually lose funds to scam as long as they do not do their own research, it is only avarice that can make one invest without properly understanding what they are investing into; it is pretty easy to avoid being scammed in the network, despite the fact that there are a whole lot of scammers out there. People think cause there are many scammers in the network the chances of being scammed is high, but mind you that it is people's folly that more often than not makes them vulnerable to loss of funds and other whatnots.