Quote from: Kelvinid on Today at 06:32:56 AM

Quote from: martyns on November 10, 2022, 02:53:50 PM

Quote from: Fredomago on November 10, 2022, 12:43:44 PM

Scammers are observing and testing every tactic in their minds, waiting for people who will follow and give them opportunities to penetrate, I understand your point, there are still people who continue to follow this kind of schemes, allowing those scammers to continually gaining money out from both newbies and old timers.

The only thing you can avoid those schemes is to invest your time educating yourself with every information about these scam actions.

With such, you'll giving yourself enough chance to notice which is scam and which is legit.

Scam projects can never be eradicated from the space but rather can be minimize and reduce if only traders tend not to be greedy. Newbies mostly fall victims to scams but with the right information and tips, they can reduce it. Investing and reading also helps improve one's knowledge about how the market operates. As for me, whenever I see a scam projects, I will noticed immediately because their maps are not always clear and hidden. Getting the right information build you on how to avoid scams.

Not only traders and investors but also influencers who encourage innocent people from investing in their projects which is eventually just a scam. Yeah. maybe this could help to minimize the scam events but it won't stop them from thinking and doing that way until such time that everyone had the care of themselves and is fully educated. But at this time, hearing someone get scam seems very common and I don't bother myself to ask what is the reason because it is always a repeated scenario.

Me as well, i don't bother myself when I hear such things cypto is no longer new and investing without doing your research is a careless mistake that newcomers will do, though it's not just newcomers but also those old but lazy investors, they lose their money thinking that taking the big risk will result them a quick and easy pocket.

Influencers though got a huge impacts since they are the one who encourage the people to invest with their supported projects, alongtheway they will just run along with the scam developers.