Exit scams and shit coins in cryptocurrency.
Hi guys !!!!,okay right now let's talk about exit scams as pertaining to cryptocurrency. Many coins are being brought to light,many of them promising to have a bright and profitable future to end up being a shit coin in which the founder/creator uses to carry out an exit scam,thereby stealing millions of dollars after the presale/launch.
Its not a new thing that today many crypto Scam's is taking place ,founders exiting with millions of dollars,most coins not having a stable plan.et.c.
We all should be careful in our choice of crypto investments we should be able to carryout our researches on certain coins in order to ascertain their legitimacy and also to know if they are worth investing in.
Furthermore laws should be placed, I don't think just anybody should be allowed to build/create a coin,because tho leads to a lot of exit scams.
Well guys ,be careful and ensure you carryout researches.
Let's know your opinions on this topic.
Thanks for reading.