Yes I agree with you. With the help of modern technology the number of scammers has increased a lot. Before investing here people need to know about this market clearly and also need to know how to avoid scammers.
It’s not just the crypto market; scammers are all around the world in almost every field. The biggest scam that is going on in crypto world is initial coin offerings (ICO’s). Most of the ICO’s launching nowadays is scam and ponzi schemes. Some of the ways to know whether an ICO is scam of not are :
1. Do background research of the development team working on the project.
2. Read whitepaper of the project and see if there is anything suspicious.
3. Check roadmap of the project and whether they are working according to it or not.
