With the rise of the crypto space, there is now an increase in crytpo scams. Every single day, people get scammed from the industry. This happens because people fail to do their due-dilligence
With the rise of the crypto space, there is now an increase in crytpo scams. Every single day, people get scammed from the industry. This happens because people fail to do their due-dilligence
A lot of these people who fall into the hands of these crypto scammers do it out of greed. Once they hear that there is a huge profit in return, they rush to invest without asking the necessary questions
I made a post on some things to know and look out for before investing in any cryptocurrency. I will love to read your comments too
#gosh
https://inleo.io/@joydukeson/the-rise-of-crypto-scams-and-how-to-avoid-it
The reality is what you said, they are blinded without truly knowing the project or business just for a quick buck, people need to educate themselves, it's the only way to recognize a scam a mile away.
You're absolutely right. The rise of the crypto space has unfortunately led to an increase in crypto scams. Due diligence and cautious decision-making are essential in the cryptocurrency and blockchain industry.