The scam is a very good reason why one might want to stay away from new crypto projects, and of course, many have been scammed due to this in the past. Also, the belief matters so much even as I love to respect the beliefs of others. If your belief is not in line with any project, you may honour it, but do not be pained if you later see the project moves x100, after all, without risks, there can't be gains and it is the risk for those who are now millionaire of cryptocurrency took for them to get to that level.

This is why at times, we look beyond our belief and the fear of being scammed to take the risk, and if it works well for us, we will eventually smile. However, I do not think that any cryptocurrency that has been listed by exchanges like Binance can still be a scam. This is why I wait till they are listed in such an exchange. If the project is good and promising, I buy it. After all, it's all about risk.

But for the cost, that can't be a good reason at all, as new projects are often very cheap to own.