In the vast ocean of cryptocurrencies, many are scammy due to a lack of regulation, transparency, and accountability. Unlike traditional investments, crypto can be rife with pump-and-dump schemes, where creators hype a coin, inflate its value, and then disappear, leaving investors in the lurch. The anonymity in transactions often attracts fraudsters, while the promise of quick riches lures inexperienced investors. Always research thoroughly, as the decentralized nature that attracts enthusiasts also provides fertile ground for scams. Stay informed and cautious! 0 reply
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