What I want to ask you is how many times have you been caught in a scam project?
I don't know how many times I got scammed. I've experienced it many times in the past. The most experience I got in 2017-2020, I often speculated on new projects at that time. But since 2021, I tried to be more careful and I rarely invested in new projects. Most projects I invested are the top projects or established projects, it is an effective way to avoid scam projects. I can minimize to be involved in scam projects until now.
And what factors deceived you?
The potential of huge profits is the main factor. New projects offer the chance of gaining bigger profits since it is in the beginning of the project development. The teams are also very often bragging to provide many developments in the projects. But it was never proven, they even disappeared when people already have high hopes.