You have done justice to this task dear friend, by giving a very detailed post on crypto scams and the ways we could minimize it.

Crypto scams are unfortunately common, and anyone can be vulnerable to them. Victims of crypto scams range from those with minimal experience of trading cryptocurrencies to the more experienced investors.

New cryptocurrency users often fall victim to scams due to a lack of understanding of how the crypto markets operate and the potential pitfalls of participating in these markets.

This lack of knowledge makes it difficult for them to spot any warning signs associated with potential crypto scams.

More experienced traders may also fall prey to crypto scams due to their familiarity with the market and their assumption that they understand the risks. They may be enticed by offers of guaranteed returns or bonuses, and their desire to make money quickly can lead them into trusting a scammer.

Thanks for sharing and goodluck in this his contes