Brothers are playing in the primary market, be careful of these pitfalls!

Just now, a brother just added me, anxiously asking why the coins he bought earlier can't be sold? At first, I thought it was one of those obvious 'scam coins', but after checking, I found it wasn't. This brother bought it randomly, could sell it before but can't now, feeling very troubled, even asked me if he could call the police to get it back, and I told him it's basically hopeless.

In the primary market, such things happen too often. There are many bad people who love to take advantage of the situation in virtual currency. Either they buy worthless fake coins, or the project team directly runs away, or there might be hidden trading restrictions from the backend, falling into a scam. So if everyone wants to buy coins in the primary market, be cautious! Before buying, take a look at the white paper, the official website, see what authoritative media has to say, ask in the community, or consult knowledgeable people to thoroughly understand the situation of the issuer.

Those who get scammed, whether they lose a lot or a little, usually can’t recover their money by reporting to the police. We need to control the risks ourselves, don’t always think about getting rich overnight, don’t be greedy, keep an eye out, and think carefully.

You can make money in the primary market, but there are also many scammers! Investing has risks, so everyone must be cautious.

Recently, Dao Ge has been researching the concept of Musk’s ρꪊρρⅈꫀડ, the Ethereum chain’s ten thousand community, and feels there’s considerable potential. Fellow Daoists can pay special attention to it.