Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Looking at those coins that have fallen to the ground, do you feel that an opportunity has come?



Wake up, that might not be a golden pit, it's a real big pit.

I have paid nearly 20000U in tuition in this market, and today I will talk to you about the two most common "money sending traps".

**Type One: Walking Dead Coin**

These projects appear to be alive on the surface, but in reality, they have long since cooled down.

What characteristics? The GitHub repository has been inactive for two or three years, and the official website still displays promotional posters from the last bull market. In the community, apart from advertising bots, not even a dog barks. Trading depth? It's as thin as paper, and it could be kicked out of the exchange at any time.

I stepped on a landmine once - a certain coin I held suddenly received a delisting announcement, and within a few hours, the price was directly halved and halved again. Such coins ultimately become electronic waste on the blockchain, becoming less and less valuable over time.

Do you think you're buying the dip? The project team ran away a long time ago.

**Second type: Money printer type project**

This type is more insidious because it appears to be "still doing something".

The strategy is as follows: the token unlocking rules are super friendly to insiders, and every unlocking is a wave of collective selling. At the same time, with various "good news" and "ecosystem upgrades" narratives, it attracts retail investors to come in and take over, creating liquidity to facilitate their exit.

The K-line charts of projects like FIL and OMG are textbook examples—every time there is a large unlock, the price must fall. The "historical low" you see is actually a designed harvesting node.

These types of projects use tokens as ATMs. What you are buying is not the future, but liquidity for others to exit.

**How to avoid these two pitfalls?**

Don't just listen to the stories, look at the actual actions. Has the code been updated? Has the product iterated? Is the user base growing or declining? These data won't lie.

Study the token model. What is the inflation rate? Who holds a large amount of tokens? When will they be unlocked? This information determines whether your tokens will be diluted to nothing.

The most important thing - don't rush just because it's "cheap," and don't stubbornly hold on just because you're "stuck." There will always be market opportunities, but you only have one capital.

Truly valuable projects will not be hidden in those constantly inflated coins, nor will they exist in stagnant communities. They continuously solve problems, create real demand, and establish a sticky user base.

Stay alert and recognize the essence. Don't let emotions and a sense of luck lead you into a pit.
FIL2.33%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
ponzi_poetvip
· 12-02 16:52
My goodness, 20,000 U in tuition fees, this guy is waking us up with money... Really, being at a low position isn't necessarily an opportunity; it often just counts down to a trap.
View OriginalReply0
OnchainHolmesvip
· 12-02 16:50
The lesson learned from the tuition of 20000U is valuable, but most people simply cannot learn it.
View OriginalReply0
GasGrillMastervip
· 12-02 16:47
It hurts, the 20000u tuition has indeed proven its worth, I was also in that wave of FIL, directly witnessing what it means to Be Played for Suckers textbook.
View OriginalReply0
¯\_(ツ)_/¯vip
· 12-02 16:47
The tuition of 20000U, this guy has really been educated... but what he says is quite clear-headed, it's just too late, woo woo.
View OriginalReply0
GovernancePretendervip
· 12-02 16:45
20000U tuition fee? Bro, the textbook you bought is really expensive, I just got it by looking at the FIL's Candlestick.
View OriginalReply0
NftRegretMachinevip
· 12-02 16:28
The lesson learned from 20000U tuition, this guy is being too honest, I am just that kind of fool who is blinded by the word "cheap".
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)