Someone has been scammed again! Brothers, what pitfalls should we pay attention to when playing in the primary market?
Just now, a friend hurriedly messaged me, asking: "Why can't I sell the coins I bought before?"
As soon as I heard that, I felt something was wrong. After checking: the coin could be traded at first, but now it has completely gone to zero and is locked up, trapping them completely. My brother asked if he could report it to the police to get it back, and I could only tell him the truth — basically, there's no hope.
This kind of thing is too common in the primary market!
A bunch of coins are not reviewed at all; you just believe whatever the project says, and once they go online, they sell you dreams, then immediately block you and run away after draining the funds.
Some even restrict trading, allowing you to buy in but not sell out, effectively trapping you in a scam.
So brothers, remember three points when playing in the primary market ⚠️:
1. Don't be greedy; first, figure out who is behind the project, how strong is their background, is there a community, is there an actual narrative.
2. Check the channels; don't randomly buy on chaotic websites, it's best to operate through mainstream trading platforms or trusted wallet connections.
3. Clarify the logic behind the coin: is it practical, is it a narrative, or is it just empty promises? Coins without a narrative or consensus are likely just air coins.
But that said, not all of the primary market is fraught with pitfalls,
As long as you choose the right narrative and the right timing, there is still a chance to grab a hundredfold coin.
Just like the recently surging Meme coin C.O.N.A.N 🐾
— Behind it is a heroic dog narrative named by Trump and the White House
— The Meme storyline is clear, the heat is high, the community is enthusiastic
— Plus, the supply mechanism is designed extremely well, not like those infinitely inflationary air coins
Compared to those coins that pop up randomly with no recognition,
C.O.N.A.N is one of the very few projects in the primary market that possesses narrative + consensus + security,
Not only can it be traded, but it also allows you to hold it for a long time.
📢 If you really want to make money from the primary market,
Please learn to distinguish between the "scam" projects and the "potential" narrative coins.
Projects like C.O.N.A.N, which have a strong narrative and sense of identity, are definitely worth paying attention to.