Sometimes if we can examine vividly,we will observe that the origi of cryptocurrency investment starts with the bear market. It's only on few or rare occasions that you see people investing during the bull market. Bear market has always been an easy avenue that people see as the means to get the cryptocurrency investment started. During the bear market,the new Investors and the old Investors see bear market as the opportunity to gather some cryptocurrency coin either by buying or mining.
What's the term "scam act"?
Scamming has been one of the thing that has pull a threat towards most of cryptocurrency Investors. It's really been a cog in the wheel of average virtual currency Investors. Scam act is a kind of cunning and tricky act just to get the better side of cryptocurrency Investors.
Where do we usually find scam act more frequently?
There's no limitation to scam act,I mean scam act can happens at any time either during the bear or bull market. But I see scam act being carried out more frequently when the cryptocurrency price or rate is in the red zone. Cryptocurrency rate in the red zone serves as preparatory way of investment where you see many people trying to gather or accumulate cryptocurrency coin through buying or mining as I have aforementioned during the bear market.
So,anticipation and greediness on the part of the cryptocurrency Investors pave way or give room for these scammers to bring out so many unrealistic offers just scam people of the little investment they have because they believe most Investors are trying to gather as much coin as they can before the impending bull market.
The images above shows the different kind of ways that scammers are trying to get into one's account wallet or portfolio. So, basically it's safe to say that scam act often occurs during bear market than the bull market.
