Right now is truly the golden era of the BSC chain; seize this opportunity well.
To be honest, there are indeed cases of getting rich quickly in the primary market, but the prerequisite is that you know how to play. I've fallen into two pits myself—once with a coin that didn't withdraw liquidity, and it disappeared from my account in minutes. Such incidents are very common in the market.
Therefore, the primary market is both an opportunity and a risk. Getting rich overnight is real, but going to zero is also commonplace. If you have the capacity to bear losses, you can try, but this is much more rational than blindly engaging in contracts.
The key is how to choose projects. Never go for newly launched tokens; most of them are air coins. The address composition of these projects is very problematic—mostly small accounts piled up. As soon as big funds buy in, a few hundred dollars of sell-offs can cause the price to plummet straight down.
A more reliable approach is to look for projects that have been operating for a while and have an actual ecosystem. If there are smart wallets or celebrity addresses involved, the risk will be relatively lower.
Another detail worth paying attention to—some projects distribute excessive early-stage benefits, and holders may receive additional tokens. Be cautious in such cases. I personally think there are signs of a money game, but this is just a subjective judgment. The project team might be operating normally, and it looks okay for now, but ultimately, you need to judge for yourself.
Observe more before entering, and avoid following the crowd—that's the most basic protection.
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HashRateHermit
· 6h ago
That's correct, but this opportunity depends on clearly seeing who is cutting whom, otherwise you'll be the one getting cut.
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Layer3Dreamer
· 10h ago
theoretically speaking, if we model the liquidity dynamics here as a cross-rollup state verification problem... the rug-pull vectors you're describing are basically failures in recursive SNARKs for address validation lol
Reply0
CommunityJanitor
· 10h ago
Basically, choosing the right project is the most important. I used to want to get into everything I saw, but ended up losing heavily twice.
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LiquidityWitch
· 10h ago
Well said. After falling into the trap twice, I truly have a say. I've also experienced the despair of liquidity pools disappearing directly. Now, when choosing projects, I have to look at the address structure. Projects with multiple small accounts are an immediate pass.
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ChainComedian
· 10h ago
That's right, but the reality is that nine out of ten people are the ones getting cut.
View OriginalReply0
HalfPositionRunner
· 10h ago
That's right, but I still got scammed once... Now I only dare to touch projects with real applications.
View OriginalReply0
WagmiWarrior
· 10h ago
That's right, you only understand the industry after stepping on the pits. Those coins that dump right from the start are completely unpreventable.
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SmartContractDiver
· 10h ago
Exactly right, only after stepping into the pit do you understand what losing money really means.
Right now is truly the golden era of the BSC chain; seize this opportunity well.
To be honest, there are indeed cases of getting rich quickly in the primary market, but the prerequisite is that you know how to play. I've fallen into two pits myself—once with a coin that didn't withdraw liquidity, and it disappeared from my account in minutes. Such incidents are very common in the market.
Therefore, the primary market is both an opportunity and a risk. Getting rich overnight is real, but going to zero is also commonplace. If you have the capacity to bear losses, you can try, but this is much more rational than blindly engaging in contracts.
The key is how to choose projects. Never go for newly launched tokens; most of them are air coins. The address composition of these projects is very problematic—mostly small accounts piled up. As soon as big funds buy in, a few hundred dollars of sell-offs can cause the price to plummet straight down.
A more reliable approach is to look for projects that have been operating for a while and have an actual ecosystem. If there are smart wallets or celebrity addresses involved, the risk will be relatively lower.
Another detail worth paying attention to—some projects distribute excessive early-stage benefits, and holders may receive additional tokens. Be cautious in such cases. I personally think there are signs of a money game, but this is just a subjective judgment. The project team might be operating normally, and it looks okay for now, but ultimately, you need to judge for yourself.
Observe more before entering, and avoid following the crowd—that's the most basic protection.