Recently, many people are extremely disappointed with the secondary market of counterfeit seasons and are starting to shift to the primary battlefield on-chain. So how can one make money in the primary market?
Participation Methods
- Private Placement Financing: It's a bit like knowing a team that does digital currency. When the project is just starting, they will look for specific people to invest. These people need to have relatively more money to participate and can get a cheaper price.
- Pre-sale: This is similar to a discount event before the official sale, but not everyone can participate. The requirements for investors are relatively high. Buying at this time may be cheaper than buying later in the market.
- Angel Round Financing: This is when the project just has a bit of an idea or has just made a simple model, and you invest money in this project in exchange for tokens. It's like you really believe in a small startup before it gains fame; the risk is very high, but if the project develops well, you might earn a lot.
Key Points to Note
- Project Screening: You need to see if the team behind this digital currency project is reliable, just like looking for partners. Check if they have experience in this area. Also, see if any well-known investment companies are involved in this project; if so, it might be more trustworthy. At the same time, understand if this digital currency has any new technical highlights, what advantages it has compared to other digital currencies, and where it plans to be listed on trading platforms in the future. Being listed on major platforms may offer more prospects.
- Risk Control: Don't put all your eggs in one basket. Invest in several projects so that if one project fails, others might still make money. Be clear about how much risk you can bear; don’t blindly invest all your money just because someone says it’s good. Moreover, since it is difficult to quickly sell the digital currency in the primary market, and the risks are high, don't invest too much money.
- Continuous Learning: The cryptocurrency circle is like a fashion trend; it changes quickly. You must keep learning new things, stay informed about news and policies in this circle, so you can adjust your investment plan according to market changes. Recently, Dao Ge is quite optimistic about Musk's little dog PP, mainly because the community is particularly strong, which has influenced Dao Ge. Brothers who want to play in the primary market can pay more attention!