I decided to create this post after seeing the number of people getting scammed increase. The statement in the title is something you should generally live by, and it is especially true when you are dealing with the stock or crypto markets. There is no free or easy money in this world. You would have to be one in a million to luck out and find a coin or stock that will moon, and a further one in 10 million to actually hold that asset until it does and cash out at the right time. This is somewhat relevant but besides the point.
In the early days of Cryptocurrency it used to be easy, there are a lot of great and unique projects I remember airdrops and bounty still worth it, but now the industry is saturated by bad actors, there are so many scammers, so many bad actors, so many schemes to scam investors
If you see a comment offering free money if you click on a link and follow the steps. .
Airdrop is not what it used to be, there are a lot of airdrops where you will have to undergo KYC you have to submit everything, its like these airdrops are legit government agencies, they ask you to do a lot of tasks before they give you their shitcoin
The crypto space is still relatively new and much about it is still unknown. It's the perfect place where people who are recently joining with promises of riches will get burned. Don't play with what you're unsure of, but if you do, keep the statement in the title in mind.
No its not new, it's saturated the only way you can survive here is to educate yourself that's the big favor you can do to yourself.