Cryptocurrency is a scam? Personally, I think that's partially true, but also not entirely correct. Here's a compiled guide to avoiding scams in crypto, feel free to check it out. True: For users with low awareness and poor technical skills, the crypto space is full of traps. Scammers and fraudulent projects are everywhere, just like the stock market, or even worse. Not true: The crypto space offers ordinary people who are willing to work hard and keep learning a chance to turn things around.