I think it's a choice, sir. Some are happy to take bigger risks and some are willing to play it safe, especially altcoins. I don't think it's wrong for users, exchange owners are also wrong because they enrich the wrong developers.
They should check the tokens that will be listed on their exchanges, don't just display an attractive white paper, list it immediately, then the token owner also sells and lowers the price periodically significantly, the ones who lose are still the exchange users. Finally, the coin is delisted from the exchange but goes home with victory by bringing home tens of thousands of dollars from buyers.