Many ICO / altcoin scams?

[llecrf]

The crypto market is growing rapidly, we can see new exchange projects, then the exchange disappears and brings many crypto assets like Bitpaction.
The free market provides a good space for fraudsters, but now that fraudsters dare to post their photos and data on social media, I believe there are still many good people in crypto who are honest and trustworthy.

[1715053964]

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[1715053964]

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[cryplion]

It's our own responsibility to protect ourselves from scammers. Scams are everywhere and we can't just rely on others.

[South Park]

It's our own responsibility to protect ourselves from scammers. Scams are everywhere and we can't just rely on others.

This is an undeniable fact but while experimented users can do this without even thinking about it there are many enthusiasts of cryptocurrencies that are still relatively new to this market and cannot do that effectively, so what we can do for them? And the only thing that comes to my mind is to give them reasonable advice about what they should expect when they invest in altcoins, but despite this advice I'm sure that most will not take it because their greed will blind them to the truth and they will lose money as a result of their actions.

[SarangWallet]

Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.

Most of those who know crypto like crypto. But the crypto problem ends with deception of course no one likes it.
It is very unfortunate if it is managed by people who like to commit scammer, so that public confidence in crypto decreases, and this will make crypto prices down.