Part 7/8:
Lastly, one of the most critical yet often overlooked mistakes is ignoring the prevalence of scams reflected in online comment sections. Many inexperienced investors fall prey to phishing attempts and dubious investment offers due to a lack of verification and research.
To combat this, investors need to remain vigilant and skeptical of comments claiming guaranteed returns or directing users to buy coins with unclear legitimacy. It’s vital always to verify the sources of information and stick with established tokens and exchanges to limit exposure to scams.