Actually every year there will always be bad cases about crypto, whether it's a fraud, crypto scam, or others and last year was a bad year for people who have been deceived and failed in the crypto world. There are many modes of fraud here which in essence make crypto lovers get big losses. Learning from the scam coins that are circulating in the market, we have to be even more careful in investing in the coins that we choose, especially if we decide to invest with big capital. Always search and research first so we can confirm whether the coin is worth it or not.
Even long-timers in crypto are not exempted as victims of these fraudulent projects.
Every year, we will encounter new hype, so these scammers will take advantage of the opportunity.
As people aim to get high profits, they will lure these individuals with the promise of good profits.
So if the offering is too-good-to-be-true, better doubt their intentions.
Don't fall from from their tactics, because the bottomline is, you are in-charge of securing your funds.