All that glitters...
We all know the saying that goes 'all that glitters isn't gold'. In simple terms, 'too good to be true'. This phrase is very much applicable to all spheres of life, with the crypto space included.
Often times we come across opportunities and they are like too good to be true, probably because the reward is mouth watering. But how do we stand on guard to be able to know when it is the perfect opportunity to take advantage of.
Most times, there is always a high chance of a high APR pool being a trap to get you scammed of your funds. The human nature is such that, we term to be greedy at some point and that is what scammers look out for to catch their prey.
Every one is chasing the bag, so your brain will always suggest 'damn, you can make over $100K, just put in your funds' and zoom, it gets wiped.
Well, I would suggest, take a second thought before you try to take advantage of that glittering gold, it might take away your only gold.
