A rule of thumb in investing is that any offer/opportunity /deal that sounds too good to be true is probably not true (if you're in disbelief the first time you see the expected outcome) . This rule applies to crypto as well and it has kept me away from scams for a very long time. Whenever I see a new exciting opportunity or deal, if the expected ROI is too good to be true, I don't even dedicate efforts to follow-up on it and majority of the time, it ends up being a scam.

A couple of weeks ago, I got a discord message from a close friend (we've been workplace colleagues in the past) introducing me to a new opportunity that sounded too good to be true (guaranteed employment, high salary, etc) for a moderator? I just ignored it and moved on with life. 3 days later, I had like 5 of my friends having their discords hacked via the "exciting job opportunity". This could be in investment as well. The LUNA collapse for instance was flawed and a scam because they were artificially giving away ROI.

While there's a lot of possibilities happening in the crypto space, we've to be cautious of any opportunity before we decide to take action. T