Quote from: Little_Sister on April 20, 2022, 11:15:39 PM

Quote from: Silberman on April 19, 2022, 05:35:29 PM

The risks that we can find in this market are also considerable, after all the volatility is higher, there are a lot of scammers and hackers trying to get your money and there are some exchanges with a doubtful reputation that are still in business despite the warnings of the community, with that being said risks exist in other markets as well but the market of cryptocurrencies from that point of view seems like the more dangerous one, but without a doubt trading the market is also worth the risk due to the enormous profits you can get if you are a good trader.

Everything investment has big risk but big risk to investment ratio seems to be crypto investment, because in crypto market you have freedom to own project even without prospect to be able to develop project, we call it scam team because its aim is only to deceive investors. However, if we study crypto properly then we have the knowledge to understand crypto, because any scam motive in crypto can be easily identified as there must be something wrong with the scammer's behavior.

It is true that there are a great deal of scams that we can identify beforehand if we do our due diligence, however there is also a small group of scammers that have learned to disguise their scams so well that it is difficult to find a flaw in their project even if you use all your tools and expertise to uncover the truth, which is why we need to be very careful and still avoid most new coins as that is where the majority of the scams take place in this market.