A lot of people really find it hard to understand that a project without a team, cloned WP, no MVP and just some ideas that has been revolving in the past is a no go area. This is a digital age and I expect that everyone should be smart as there are so many things they can use to enlighten themselves on what to do and what not to do.
Scammers are out there, and the only way you can know which project is a scam is to identify and dig up the team, check the product and the real life usage possibilities and see if the idea is something worth putting money into. If all these cannot be answered, talk to your feet.
into a project then it would always need a justification.The thing here is that most investors are lazy enough not to do those basic stuff or research when they plan to invest
in result they lose money.
I agree with you.
Don't let big profits affect your mind to invest.
try to really research what you want to invest and everything must make sense.