So many projects nowadays are scams, more than 80% I would say. People give up their money to these scammers, end up being scammed and dumped hard. Most of these projects not even end up making even the listing. Just be patient and it will pay off eventually.
Be patient or be smart? If we are holding a shit coins and we know it's already a scam, patient would not anymore help because most likely the coins will not rise anymore as it will be dead in the long run.
If we make mistakes choosing a wrong investment, what we need to do is just from our mistakes and movement.
Hence, it's necessary to know how to diversify our funds so if we make mistake we still have other investment that we can rely and expect it will make us profitable, we should not go all in in one project only especially if we lack knowledge and experience.