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Yili Hua recently cut losses on Aster, with a simple and blunt reason—"can't find the founder." This is not an isolated case. Anyone who has been in the crypto space knows that the routines of such projects are basically the same: vague team information, founders hiding behind the scenes, essentially aiming for short-term gains.
Why am I so confident in saying this? Because transparent teams will continue to be active in public, update progress, and take responsibility. Those projects that hide and conceal from the start have already reserved an escape route for "disappearance at a certain moment." For targets like Aster, where the core personnel can't be found, even the most appealing whitepaper and grand visions are just a cover—exit risk is the greatest uncertainty.
In contrast, established projects like BTC and ETH, which have gone through multiple bull and bear cycles, have core developers and foundation members with publicly known identities. They cannot be anonymous or easily disappear. This "forced transparency" actually serves as the best security endorsement.
How can ordinary investors avoid pitfalls? The logic is actually simple:
First, say no to anonymous teams. No matter how tempting the promised returns are, if you can't even find the people behind the project, you won't know who to turn to if problems arise. Second, prioritize assets that have been tested by time and the market. BTC, ETH, BCH—although they may be volatile, at least they won't collapse just because the founders disappear. Finally, set a hard cap on your position in small projects, around 10% is enough—this way, even if you hit a bad one, it won't damage your overall returns.
Ultimately, the "survival game" in the crypto world mainly hinges on whether the project will run away. Knowing how to stand firm in the face of risks is the foundation for lasting longer.