Over the years, I've developed a habit of never touching scam coins. The reason is simple—no matter how strong your trading intuition or how skilled you are with candlestick charts, when it's time to get caught, you can't escape.
Yesterday, I had a bunch of people repeatedly advising me, insisting that a certain new coin is the shortcut to get rich quickly, and the opportunity is right in front of us—don't miss it. I just want to ask these people—so far, have you made money from this move? Or is your account already in the red?
I've seen too many scenarios like this. A certain coin suddenly skyrockets, and the community is full of "buy in, buy in" voices. The technicals also look interesting. But often, just when everyone is most excited, the market maker drops a large sell order, and all the dreams are shattered in an instant. Some people lose everything, some narrowly escape, but the whole process is actually a carefully orchestrated game of harvesting retail investors.
So instead of spending every day researching which scam coin will multiply ten or hundred times, it's better to calm down and do fundamental analysis, choosing those with real ecosystem support and sufficient liquidity. Compared to the illusory dream of getting rich overnight, making consistent profits over the long term is the real way to succeed.
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.
14 Likes
Reward
14
3
Repost
Share
Comment
0/400
SchrodingerAirdrop
· 6h ago
Damn, it's just another confession from a bunch of copycat newbies, and they're right—this is how they get harvested.
I was convinced once, and as a result, my account dropped to my current state.
Mainstream coins are the way to go; don't think about getting rich overnight—that's just a dream.
Those who shouted "buy in" have already run, and those left are crying at the exit.
In the end, it's greed that causes the trouble. Honestly holding your position and waiting to break even is the only way to go.
View OriginalReply0
SerNgmi
· 6h ago
That's so true. I've been liquidated once before, and now I reflexively avoid "hundredfold coins" at the sight of them.
Really, those who shout about getting in every day have already been wiped out.
Choosing mainstream coins is much more reliable, even if it's not exciting, at least you can survive.
I've long realized that shanzhai coins are just traps, and technical analysis is useless in front of the big players.
Every time, someone refuses to believe it, and in the end, they all end up crying.
View OriginalReply0
SigmaValidator
· 6h ago
When you say that, I just remember the disaster of a certain coin last time, damn it, it was a straight dive.
The ones who truly make money are never the trend chasers; brother, your words hit the nail on the head.
Honestly, those friends who advised me to get in now have all gone silent.
Holding mainstream coins stably is the reliable way; altcoins are just casinos, I’ve given up.
Green accounts? Haha, those are just other people's dreams.
After seeing through the tricks of cutting leeks, it's really hard to be fooled again.
Instead of obsessing over ten-bagger coins every day, it’s more practical to live well and make money.
Over the years, I've developed a habit of never touching scam coins. The reason is simple—no matter how strong your trading intuition or how skilled you are with candlestick charts, when it's time to get caught, you can't escape.
Yesterday, I had a bunch of people repeatedly advising me, insisting that a certain new coin is the shortcut to get rich quickly, and the opportunity is right in front of us—don't miss it. I just want to ask these people—so far, have you made money from this move? Or is your account already in the red?
I've seen too many scenarios like this. A certain coin suddenly skyrockets, and the community is full of "buy in, buy in" voices. The technicals also look interesting. But often, just when everyone is most excited, the market maker drops a large sell order, and all the dreams are shattered in an instant. Some people lose everything, some narrowly escape, but the whole process is actually a carefully orchestrated game of harvesting retail investors.
So instead of spending every day researching which scam coin will multiply ten or hundred times, it's better to calm down and do fundamental analysis, choosing those with real ecosystem support and sufficient liquidity. Compared to the illusory dream of getting rich overnight, making consistent profits over the long term is the real way to succeed.