Post
Topic
Board Trading Discussion
Re: How many scams have you caught?
by
Kelward
on 20/12/2023, 10:31:03 UTC
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Please share your experience with me so that I can be careful in the world of cryptocurrency.
Thanks.

What I did is before investing, I already watched numerous Youtube videos, and read some threads here regarding tips and tricks on how not to get scammed. At that time, lots of scam projects were emerging, and most of them had the red flags that I just watched or read. Until now, whenever I see new projects, I always think that they are a scam at first because nowadays, investing in new projects is very hard because the chances of you getting scammed are at their highest. Though I've missed many opportunities not to invest in new projects because I'm always hesitant, I'm not feeling any regret at all.


I think that the biggest scams in the crypto space are these scam projects, they keep coming and the worse is that there is no sort of regulations to curb them. I developed myself to have phobia for them after knowing what most of them are capable of, but like you I've also missed opportunities to invest in a few that I think can give me good ROI, but no regrets because it'll still be a gamble, not being sure if it'll turn shitcoin before I cash in. It's Bitcoin and top altcoins that have gained strong reputation in the crypto space, I never do new projects because of the fear of being scammed, I like to minimize my risks and new projects comes with loads of it.