How to avoid crypto scams

in #leofinancelast year

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There are various crypto scams which exist and it seems the more good crypto projects come up, the more crypto scams project also comes up too and one needs to shine their eyes well if they want to avoid falling into the trap of those crypto scams..

Whenever a project sounds too good to be true and promises you returns which are not realistic , it is advisable that you should first of all take a pause and think about it critically before knowing whether to start jumping into such project or not...

Most times most crypto scams will promise investors money which are not realistic but they intentionally do that to lure people in ,they know so many humans are greedy and so they take advantage of it and start promising them very huge returns so that the people will be tempted to invest into the scam project..

It is always difficult for a person to fall into crypto scams if they are not greedy and that is why avoiding greed is one of the major steps that you have to take if you really want to protect yourself from getting scammed by these scammers who brings up various scam projects just to scam others.

If we reduce our expectation towards some certain kind of investment , we are already a half way finding the solution to protect ourselves from crypto scams.. .

The point is , we are more vulnerable to crypto scams when we are too focused on unrealistic profits or returns on investments..