High rewards trigger dopamine, making risky crypto schemes feel irresistible..Fear of missing out pushes people to invest without rational thinking..Social proof convinces investors because others appear to be profiting..Scarcity tactics make schemes seem exclusive, increasing emotional urgency..Overconfidence bias leads people to believe they can outsmart the market..Authority cues—fake experts—exploit our trust in confident personalities..Complex crypto jargon confuses minds, making scams seem legitimate..Loss aversion keeps people invested longer, fearing to accept failure..Unregulated crypto spaces allow fraudsters to manipulate hope and fear..Read more stories..Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp