Although crypto scams are also happening when the market is bearish, but I really think that it's more possible when the market is experiencing a bull run. Probably because the market is very bullish and that everyone will expect that all good things will happen, and that's where scammers will also take advantage of the market by deceiving newbies and naive investors to invest or trade in their own scam projects.
Bull run is not only the best time to profit but it's certainly where people are also highly susceptible to losses as scamming is also rampant that time.
You're absolutely right, there are a lot of ways that things happen, and new ones get involved in crypto, and the market is now on a good move, and we hope that E.T. F has been approved and after that we will not get to see the right stuff and Protect From scammers and see on top of the upcoming regulation.
After ETF, many things that are now will go on a good path and the chances of the Scam will be very less and from which we both the new and the profitable investor can earn a good profit.
In the world of crypto, sadly, scams are a common problem. All year round, there are people trying to trick others into giving them money. The real issue comes when a lot of new people join during exciting times. Some folks invest without really understanding how things work, just because others say it's a good idea. These newcomers, not knowing much about crypto, become easy targets for bad people. If you're already in the crypto world, it's important to help these newbies understand that they need to be careful. There are always dishonest people trying to take advantage of those who don't know much. So, stay alert and protect your money.
I remember very well when I came into this market, I also had a scam of 600 dollars which happened in 2018, after that slowly I understood the market and invested in myself and after that I got into it after researching a lot of things, first of all there are many free and free websites and scan websites in the market that people invest in. Which I also did on a mining website and it caused us a lot of loss, And I assured the approval of ETF is also a good proof that all the investors can invest safely and we don't have to rely on any other site.