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RE: Breaking news: Bitconnect say they will pay back all their investors in Bitconnect coins, not Bitcoin. Edit: bitconnect price now down 88%
“Once bitten, twice shy”. Sounds like you can now spot the warnings. Unfortunately, behind you there will be some newly born fools who think that everything in the world is sweet.
I like the comment about a hook behind the free food.
There are things that are even worse. They are the naive and unsophisticated business plans. Look at TSLA, Uber, TWTR, SNAP etc. They are just disasters. People would still invest in these and they won't immediately give gigantic red flags like scams. A bad business can do more damage than a ponzi. Lots of good people who haven't done enough research could get burnt by these. One good example is Aeron. I don't think it's a scam. I'm 99.99999% sure it's not made to be a scam. But I'm 100% sure that it's a disaster investment.
https://steemit.com/blockchain/@vimukthi/aeron-arn-whitepaper-reddit-analysis-along-with-opinions-from-aviation-veterans-and-how-smts-can-create-something-better
https://steemit.com/blockchain/@vimukthi/aeron-arn-review-in-depth-analysis-investing-after-the-safest-year-in-aviation-in-history
Thanks @swissclive for reading... Some will even read it but won't take to advice. Experience is the best teacher but also a bad teacher when it teaches you the hard way.
Thanks for the upvote too.