Assalam o Alaikum dear.

I hope that you will be good and enjoying the time with best wishes for the next year 2023 and hope the best for you.

You have presented this post in a very good and I really liked your understanding about the topic "Crypto Scams".

Yes, with the advancement in the technology, the scammers are also becoming advanced in the equal race so the innocent investors could easily trapped by the over smart tricks and techniques of the scammers.

We ourselves have to do research, read the history of the asset, find out who created it, read the whitepaper, and see the project's activity. The most important ammunition against fraud in the crypto world is knowledge.

Yes friend, you are totally right here. No doubt, DYOR is the best way to avoid the crypto scams and spot out the ongoing scamming activities around us.

We should ignore the messages and links that are claiming to reward us with the unrealistic profits over our investment in their projects or token, because they are likely to be scammers.

Thanks a lot for sharing your beautiful post with us. I wish you a very best of luck for the contest ahead.