Crypto is a perfect engine for scammers because it's still unregulated and it's also the wild west when it comes to making money quick with less efforts. ..
My opinion is not because the crypto world is unregulated but because most of those who enter the crypto world only focus on profits rather than gaining knowledge to be able to ignore projects that are completely useless and also projects that are only created to deceive investors from the start but sometimes clear signs do not provide awareness to investors because of the large profits that will be achieved.
Indeed, it is impossible to be in the crypto world to invest in it without targeting profit, but increasingly aware of the form of fraud and also the importance of the idea of a new project appearing it should also be a warning for us to invest or not in it.
That's true and basically we can get profit from working whatever it is so what makes it different is our effort and knowledge,
in crypto, whether it's investing or trading, you definitely need to have knowledge and skills, so that's what determines whether we get big or small profits.