Many still think crypto is a scam, thanks to those exit scammers from different projects and investment schemes that have used crypto as their payment gateway.
Also, to the big exchanges that have made their name through the entire community by doing something like what FTX has done. But us, who have been here for quite a while, we understand these situations and events that has happened.
Those who think that crypto is a scam certainly don't fully know crypto, for those of us who have been on this forum for a long time, this is an ongoing cycle. scammers will come out and leave the crypto market. Untrusted altcoins are doomed and exchanges like FTX are only a fraction of past examples of exchanges that have had the same problem.
The current situation gives fear to those beginners who are just getting into crypto. Still, this kind of situation indicates that a bull market is coming soon. not only 2 important lessons, but throughout the history of crypto many lessons can be taken to avoid losses and some scammer traps.
Yes, they don't know wholly about crypto and they're just relying on the bad news being done by scammers. They're leading people into the misuse of crypto because it's their deposit requirement and the currency that they use. But salute and encouragement to those beginners that still proceed with caution and ask for the guidance of those that have been part of the market for a long time. Those that seek help and guidance are wise people and don't want to be misled to avoid that bad occurrences like being scammed.