I also think scammers target people who are new in crypto market. Mostly are excited to learn and try new things but they do not know much about crypto. So this make it easier for scammers to scam them. Newly people in crypto are mosty too trusting and eager so they might fall for scams. Scammers use different methods like fake prizes or fake investments to take advantage of them. But people who have been in crypto for while are more careful and know how to spot scams. Or those who scammed first they also care about any suspicious links.
More people join crypto community we need to teach new ones how to stay safe. We should tell them to be careful with unknown people and projects and do not share personal info. If we educate them we can prevent scams and make crypto community safer place. And the best thing is that to share scamming stories to new people so they will get knowledge and they also be careful.
I'm not sure if our warnings will actually be valuable because new investors often FOMO and prefer to go all-in to make a few hundred % profit in bullrun. We already have a lot of information related to the market and scams. The BNB chain website is easy to find, and investors can learn about the largest, most potential, and most promising projects in this ecosystem. If they are not willing to learn about crypto themselves, they will not be willing to listen to our advice.
Every ecosystem wants to be known by investors, and then comes the goals of users, cash flow, and token price increases. BNB chain is no different, and it is quite successful thanks to the strong support from Binance. Both good and scam projects want to reach BNB chain users, so investors should carefully research each project. If they don't have enough time and patience, they should only invest in top tokens in the BNB chain such as BNB and CAKE.