2. Unrealistic promises: If a project promises too-good-to-be-true returns on investment, it is likely a scam. While some crypto projects are innovative and have the potential for significant growth,
They keep on telling that they're a very profitable project. Runaway from those type of projects because you'll never get gains from them but instead, they're the ones that will gain from their investors.
investors should be wary of promises that seem too exaggerated.
Right.
Many investors especially those that are new to the market are very gullible with sweet words from these projects. They don't think a second thought about the promises they say.
If they don't listen to the advise of others, they'll learn it the hard way.