I have even seen people who lose their money in scams, or in Luna most recently for example and then claim that ALL crypto is a big scam and everyone should stay away from it. Never truly understood why would bitcoin be a scam for example, if you lost money on Luna? Like what is their connection aside from being coins.
It's indeed a good opportunity to buy and go shopping in crypto while it is in low price point. Like what they say, buy low and sell high. Not the other way around so that you may gain profit as time pass by. It's nice to utilize the bearish market while we can. Most especially if someone is into the long term results. While crypto has been beneficial to most of us, some claim it is a nightmare. This is because of the scams and schemes.
During this 21st century, unfortunately, many people still get scammed and fall victim into made up scheme intended to obtain money in an easy way such as promising the victims in getting huge payout in exchange for a certain amount of money. Most of the time, this scheme offer the victims to let them lend money and they'll return it twice or even 10x the amount they lend. So if the victim lends 10,000, the scammer will say he'll grow the money tenfolds and give it after a certain period of time, example after 15 days.
Despite this being too good to be true, some people still believe this shit without even asking someone for advice or even researching just because they were promised a massive amount. I guess awareness could prevent this from happening, but it's still the responsibility of a person to countercheck and think twice before making a decision. Hence, we can prevent the misconception that cryptocurrency being a scam and could do nothing good in someone's life.