The worst ones are scams right? Like they do rugpull when you imagine they would be doing something great. I saw a project that was basically a copycat of pancakeswap last year, and it was offering both what pancake was offering but some new features on top of it, and I liked it because those features would have made it so much better.
What happened? Of course, they didn't those features, it was all a lie and they just rug pulled by selling all the tokens they had and got away with it. Not that too much happened to them, as far as I know they got away with it and just live a rich life right now whereas we are talking about thousands of people losing that money and I was one of them unfortunately.
Yes, too many platforms fool people by copying what other platforms are doing. And sadly, people don't do their research before they join the project and it costs them various amounts.
It seems that if we are in such a situation, we better go back to what has really worked well before and that will keep us from being scammed, which can happen at any time. That way, we can minimize the risk and try to make a profit.
Not all would really be having that kind of mindset but instead they do really love on trying out something new thats why they do really make out such deposits even though the reputation is still
questionable.So its up to someone whether they had accepted the risk on losing their money once they do make out such step.IF you do love to play safe
then you would really be sticking to buy on established coins and if ever it would dropped they do really still mind off about long term aspect.