My dad almost became a supporting character in the "get rich quick myth!"
My dad called me mysteriously today: "Son, I got an inside scoop, a coin is about to be listed on Binance!" I almost spit my drink on the screen—this opening line is just like the prologue of those zero stories.
Back when he was doing business, he was as shrewd as a monkey, and now he’s reading me a white paper over the phone: "They said, Uncle Elon is an advisor, and V God even gave it a thumbs up!" I held back from asking: Is V God also writing them a smart contract?
I asked him: "Does the project's official website have flashy colors like a web game? Are the team photos in matching black suits with sunglasses, looking like insurance salesmen?" He was silent for three seconds, then suddenly raised his voice: "But they have two hundred thousand Twitter followers!" I chuckled: "Out of those two hundred thousand followers, one hundred ninety-nine thousand are bots, and the remaining one is a small account of the project team."
What made me laugh and cry was that my dad actually learned a new term: "This is called community-driven! Early players enjoy the dividends!" I threw out the ultimate question: "Dad, do you remember last year when you wanted to raise bullfrogs? Isn’t this coin just the same trick as the frog seedlings back then?
The big players tell stories, the retail investors follow along, and in the end, the big players drive away in cars while the retail investors are left with their shorts.
After convincing him, I casually checked the contract address of that coin—goodness, the liquidity pool was shallow enough to buy only two cups of milk tea, yet the project team’s wallet had already hoarded 80% of the tokens. This isn’t investing; it’s clearly a setup to run away.
It turns out that the chives of the world, whether inside or outside the circle, have the same script.
The most real truth in the crypto world is often: you focus on high returns, while others focus on your principal.
Those who can truly survive are not the players who dare to gamble, but the hunters who know how to identify traps.