Quote from: lienfaye on Today at 03:46:16 AM

Quote from: Marcorey on Today at 03:13:20 AM

There are many scam projects in the crypto market. In order to make profits and attract investors, many new projects will deliberately exaggerate and say that they will provide investors with the greatest profits. But over time many projects will turn into Ponzi schemes, will cryptographically prove that what they say is false, and always end up disappearing from the market as fraudulent.

That's right. This strategy to attract the investors are not new actually and those who will likely fall in this trap probably didn't conduct their own research before investing their hard-earned money.

But I think most of us also experienced to invest in projects with too good to be true offer and it's because of our greed when we're still newbies. The good thing is, we learned from that experience and aware now that these projects are not worth to invest in.

This is an old tactic for investors to take the bait and invest more and advertise that they can high while re-investing their funds. I think that there is still a project that still using this kind of tactic but we all know that people will just go with the flow and invest even though it is very risky.