What will you like to add to this?
Never ever believe someone that will offer you an investment scheme that promises a huge return because those are definitely a scam. This is one of the common reasons why newbies get scammed. Scammers use crypto as the front to attract them, they use the historical growth of it to easily deceive newbies. They're quick to believe that investing into cryptocurrencies can make them rich in just a short amount of time.
Although almost everyone knows that investments that promise large profits in a short time are suspicious things and should be avoided.
But the fact is that there are always a lot of people who lose money because they are victims of ponzi schemes, it's because sometimes people's
financial conditions are bad, makes a person unable to think clearly and can be easily deceived. Therefore it is very important in making any decisions
do not rush, much better every tempting offer we have to ask the opinion of those closest to us to be a filter to remind us.
Sometimes fraudsters are getting smarter with ponzi schemes, they will make what they offer look legit. So a very high level of caution is needed
right now, just like when we are going to participate in bounty campaigns, although we are careful by choosing bounties handled by trusted managers
and carefully checking the bounties we will participate in. We will definitely be tricked into promoting scam projects, because fraudsters are now
studying their victims well. So maybe what we can do is minimize the risk, and always learn from the bad things that happen to us.