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💰 Cryptocurrency Mastery Series
Course overview
Lesson Overview

7.9 – Risks of Buying NFTs (Illiquidity, Scams, Wash Trading): The NFT market offers opportunity but also significant risk. Many projects lack liquidity, meaning reselling can be difficult. Scams and counterfeit collections are common on unverified platforms. Wash trading—where creators artificially inflate sales volume—distorts pricing data. Buyers must check smart contract authenticity and avoid suspicious links. Understanding these pitfalls is essential for safely navigating the NFT ecosystem. Prudent research and secure wallet management are the best defenses against loss.

About this course

A complete 250+lesson journey from blockchain basics to advanced cryptocurrency trading, DeFi, NFTs, mining, security, legal compliance, and launching your own token. Designed for beginners and experienced crypto enthusiasts alike.

This course includes:
  • Step-by-step crypto buying, trading, and security guides
  • Strategies for earning passive income via staking, liquidity pools, and yield farming
  • Security checklists and scam prevention tips

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