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RE: Steemit Crypto Academy Contest / S6W5 - Common Crypto Scams And How To Avoid Them
There are a lot of scams in the Cryptocurrency world and even people who are tricked will lose everything they have.
Psychological factors are indeed very vulnerable where we must be aware and must really study the world of crypto investment well,
I see that paramide patterns are often visible even in plain sight, and these patterns are always able to attract people and end up being deceived, considering the lucrative crypto world, someone can be rich in an instant and also can be poor in an instant.
For that, I agree with you friends that the best solution to avoid Common Crypto Scams is to learn and understand what we do.
Good luck friends... 👍
You are very correct dear friend, even experts and some popular crypto enthusiasts have fallen for various forms of scams in the past. The scammers manipulates with the psychological behavior of the users and rip them of their hard earned money. We ought to make proper research when venturing into crypto projects. Thanks for your time and support here, I really appreciate ❤️:-)