In addition to dexx, we need to be careful about third-party scams and avoid clicking random links and chatting with strangers. Ultimately, it's all about making you buy the coins they have.
After looking around, most of it is about paying for understanding; friends running away, hired players disappearing, platforms going under, encountering scams, or facing platforms that only allow deposits but not withdrawals, and so on. These are things we should be aware of.
Before trading, we must ensure that the platform's entry and exit are normal, and we can check some detailed information and endorsements, including how long it has been operating.
95% of those rushing into the first level are basically fuel; the pitfalls in the primary market are interconnected. Ordinary novices simply cannot withstand it because you can't imagine how your funds will flow away.
The first issue is exorbitant transaction fees; the second is abstract slippage, where a hundred or more in fees can just disappear upon entry and exit. Some coins that have increased thousands or tens of thousands of times can only be bought and not sold. These things are of no use, okay?
Whether it's being bewitched or possessed, we must avoid losses that can be prevented. Only in this way can we continuously improve our error tolerance and survival rates.
It's good to have others' funds in our pockets, but before that, we need to have the awareness to protect the funds in our own pockets.
As an experienced cryptocurrency investor, I am sharing my experiences and insights. Interested in the crypto world but don’t know where to start? Click on the avatar to see the introduction to the cooking industry, and let's witness the moment of miracles together.