🚨 Cryptocurrencies are often shrouded in mystery and hype, but many are unfortunately scams. The lack of regulation creates a breeding ground for fraudulent projects promising impossible returns. Whitepapers filled with jargon can deceive even the savviest investors. Pump-and-dump schemes inflate prices artificially, leaving latecomers in the dust. Furthermore, the anonymity factor allows scammers to vanish without a trace. While blockchain tech has potential, always DYOR (Do Your Own Research) and be skeptical of projects that sound too good to be true.