In the crypto world, the biggest fear is stepping into a pitfall. Today, let's talk about those common altcoin eyewaash schemes to help you avoid detours.

First, be wary of projects that claim to be "hundredfold coins" and frequently have celebrities endorsing them. These types of coins often have hidden tricks in their contracts—transaction fees that are outrageous, or they simply cannot be sold. What seems like a chance to make a fortune is actually just a trap.

The Ponzi scheme is even more obvious. Promising annual returns of dozens or even hundreds of percent? Where in the world can you find such good deals? How do they maintain it? By recruiting new members and giving commissions, using the money from new investors to pay old investors' returns. Once the excitement diminishes, withdrawals become difficult, and in the end, it all disappears.

The last iron rule: Coins that can be issued in ten minutes or obscure small coins are best avoided. They have poor liquidity, high risk, and are easily subject to dumping. Rather than betting on a hundred times return, it is better to steadily allocate to mainstream coins.