Don't Fall Victim

[odunybiz]

People who I fear for the most, are those who value new project so much, even before they get listed in an exchange.

In this space the choice and plans of individuals are different. This group of people knows the real reason behind choosen such investment.

The fact that meme coins and shitcoin can seem to ba a potential coin and pass through all the KYC requirements is not a new update. We must be careful with the coins we choose for investment because there are scammers around the crypto network now. That is why after the bear run you'll observe that some coin will not get back up. That's because most of them are scam projects.

Nothing is as good to invest in more than Bitcoin. It's really gives you a secured mind. I will really go against investing all ones capital on altcoin. They are not potential coin one could hold for long.

[Benedictare]

   One of the many reason why people fall victim to scammers is fear, in crypto is FOMO that is ,the fear of missing out on potential points which makes investors to make impulsive decision .

    Promising large profit ,one need to stay vigilant  in other for you not to be scammed such as verifying the source of information, secure your wallet and exchanges, educating yourselves and being aware of the various type of scams available.

[nakamura12]

It is a good decision to stay away from memecoins and shitcoins. Well, there's some people who are looking for a chance to earn more money through investing so they would still risk some of their money for a chance to gain profit. It shouldn't be just staying away from memecoins and shitcoins that people should do but also being updated to news/information about cryptocurrency and also about scam websites or platforms that a person may become a victim of it.

[KingsDen]

It is a good decision to stay away from memecoins and shitcoins. Well, there's some people who are looking for a chance to earn more money through investing so they would still risk some of their money for a chance to gain profit. It shouldn't be just staying away from memecoins and shitcoins that people should do but also being updated to news/information about cryptocurrency and also about scam websites or platforms that a person may become a victim of it.

I have discovered that some people after investing in their major or preferred projects, they have some bucks they spread over some random shitcoins expecting great returns. Some of the times they are successful and most times they lose as well. This is supposed to be called some kind of gambling and not investment. Although, they claim they make research on the social media, maybe from the projects handle. But all these researches do not end well most. Then there are people who do not gamble, maybe they don't believe they can be rich overnight. Or they have phobia in investing in what they are not sure. I am like those.

[Y3shot]

It is a good decision to stay away from memecoins and shitcoins. Well, there's some people who are looking for a chance to earn more money through investing so they would still risk some of their money for a chance to gain profit. It shouldn't be just staying away from memecoins and shitcoins that people should do but also being updated to news/information about cryptocurrency and also about scam websites or platforms that a person may become a victim of it.

A very good decision to stay away from it because they are not certain,  a lot of them are scam projects I don't see any reason why one would be trying luck to make profit on what is not reliable,  thst one might end up losing his or her money. Greed is just the problem of people which they think they can always get the profit they want in investing  in altcoins and they never think about the risk when investing in all these altcoins.