# To play safe in NFT

1. Bear in mind again - high return means high risk
   * if you cannot figure out why that image is worth that price, don’t invest in it
   * high volume doesn’t always mean it’s a blue chip, it could be certain price manipulation
   * a lot or pump & dump activities occur in NFT, most eventually drop to zero price & volume
2. Be aware of fake roadmap & partnership
   * projects generally write a year long roadmap, but mostly no more action right after minting
   * partner with famous brands highly increase NFT’s value, only when it’s a real partnership
3. How to avoid them
   * do you own research - verify the legitimate of the team, project, vision and roadmap
   * try judging the value is because the art + community or it’s just purely good marketing
   * never overtrade - as the volatility of NFT is much high than any crypto assets, holding an NFT far more than the amount you can afford you won’t be able to trade rationally

### Stay away from NFT scammers

Scammers are especially active in NFT space as the ‘reward’ is high per ‘deal’, they may approach you via:

1. **Discord**

   * send DM with fake minting link / phishing link
   * hack discord server and post fake minting link

   **To avoid:** block direct message, check the validity of links with server mods
2. **Opensea**

   * loads of fake creators & collections that reupload pirated copies of other NFT collections
   * people place bid in wrong currency to mess you up, e.g. place a 1 DAI bid for a 1 ETH item
   * airdrop malicious NFT that contains harmful contract interactions

   **To avoid:** verify opensea link from twitter/discord; double check before accepting any offer; never interact with unknown NFT people sent you
3. **Sudoswap**

   * scammers send fake sudoswap link so you sent yours item to them for free
   * put pirated copies NFT to imitate the real one

   **To avoid:** always create your sudoswap link by your own from official website; alternatively, pay fee to opensea to ensure you get want you trade
4. **Wallet signature/access request**

   * pop-up signature/access request from phishing site
   * call your action repeatedly if you enable auto-approve (on Solana wallet only)

   **To avoid:** only sign/approve what you clearly understand
