Hello, I have a question for you that regards crypto scams. In the years since I started to invest in bitcoin, I have come to understand that there are different types of crypto scams and fraudulent activities depending on whether we are in a bull run or a bear market cycle. For example just as we are looking at reaching a new bitcoin ATH soon, I can imagine that certain opportunistic scams may become more prevalent as bad actors try to capitalize on the hype and mania. Also, I think that in the bear markets there will also be another kind of scam where scams try to take advantage of the fear and desperation some investors feel. Due to the changing landscape of crypto scams between bull and bear cycles, what are some of the typical scams to watch out for in each market condition?
When you talk about cryptocurrency and scam especially in these period, they are like one and two and when we go specific then we talked about scams like the airdrop scam, these are more popular and people do partake in them on a large scale due to the simplicity it brings and also for that the fact that even the real airdrops are similar in same participation patterns so it somehow difficult to identify them until the final claiming process and thats where most of them turn out to be shit.