Scams will flourish regardless of the market sentiment, whether bearish or bullish. So, it will be wrong to conclude that scams flourish in a bullish season. Whether bear or bull, one has to be very careful not to fall for these scams. Double check your links and addresses and ensure that you don't interact with just any link you come across
I agree that any season of the market, scammers are always active. As long as there are people that they can scam, they will always there waiting to fetch some newbies.
no trader can guarantee you an unbelievable profit. They can't deliver those juicy offers they offer.
A scammer that disguises as a trader can promise you anything and that is for sure. It's sad that many newbies will fall for that scam whichever offers they show to them.
The thing is they're going to make people believe that they are real profitable traders and gullible people will believe them.