This is good to limit the scam ICOs.  It will also help regulate and restrict how ICOs are being managed.  So what I always do to prevent getting scammed, I usually research ahead of the company and learn how it works 

Research about the top 10 or up to 20 coins.  Check out volume, marketcap, price, trend, etc and anything that specific altcoin.  After that look for exchange platforms where you can buy those coins.  Be particular with your platform because it's where you'll store your coins.  I'm not an expret really I just told you what my mentor told me 

Crypto is being used worldwide already and some people think it'll be our major currency in the future.  I invested a few months ago and i've read articles that say how banks manipulate the people's money which in turn becomes a scam.  I never really trusted the government since some politicians usually are in it for the money and power.  I fimly believ that the crypto industry will not end and hope that in a few years, it'll be utilized more efficiently towards the betterment of our planet.   

People choose crypto because they want easy money.  But the thing is, it ain't that easy, well that's just my experience though

It's not that fruitful but it's giving profit bit by bit.  Still hoping for a bull run by the end of this year 

If BTC never scales, the industry will be majorly affected, people will not invest in other coins that are connected or inclined with BTC.  Some "coins" will be dissolved as well.  There might be a chance that the whole market will be disrupted 

Most of the platforms are safe because within the industry that's full of scams, for them to get more people inveting is to provide trustworthy access 

There's no clear easy way to avoid scam in the crypto industry.  There will always be a time where you're investment looks like a scam.  The best way is to research first before you invest and prolly just trust the top 10 or up to top 20 coins. 

The extra profit, the excitement, the pressure, the up and down ride! 

I feel like Warren Buffet might eat his words when this year ends.  Crypto showed potential and opportunities, no one will let this innovation/technology fail. It's being utilized worldwide and is providing good stability in transactions adn record keeping.  This bearish market is just a phase since we all know how volatile crypto can be.   But this is just my opinion

I understand your sentiments and it may feel like you're gonna be losing big but for me, I hodl because I don't want to regret my decision if I panic sell 

Depends on it's usage, everything can be destroyed.  The good thing bout the system is it can stock records and transactions which makes it easy to duplicate and continue forwared.  Destroyed? maybe not but duplicated,replicated and innovated? YES

I think it's still not over for BTC.  There are "speculations" that some altcoins where tied to BTC and if in case it became over, it might destroy the whole market.  BTC is the first ever coin and I think those whales and investors will not let BTC be over.  These are just challenges we must face 

For me as long as you HODL and read your charts. There's still a possiblity you might cash out and be satisfied.  Volatility will always be there in the market. You just really need to have an iron gut to take it all in.