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, investors should be wary of promises that seem too exaggerated.
Yes, all of these indicators are good for knowing the scam project, but for me No. 2 is a very strong indicator, so any project that gives you big promises that are difficult to believe except for beginners who dream of wealth is definitely scam.
Indeed, the target is to attract beginners who still lack experience,
so that with the promise of big profits, beginners join the project without research first,
it is better to avoid projects that promise big things.