Don't scroll away! If you are holding ETH but don't even know which way its 'hometown' door opens, this article can help you save a month's salary, tested and verified. After all, I've seen too many unfortunate brothers who blindly followed the wind and got burned.
Last week, while organizing a barbecue, my neighbor, who just entered the crypto market, was sighing over the skewers. Oil splattered on the K-line chart on his phone, and he didn't even have the heart to wipe it. 'Bro, I bought ETH at 3200, and just a few days later, it's down to 3000. I'm about to lose my rent for this month.'
I casually asked, 'Did you read its core documents before you bought it? Have you browsed the official website?' Little Wang shook his head like a rattle drum: 'Why bother? I saw on social media that institutions were accumulating, and many people were showing off their holdings in my friends' circle. Following them to buy was definitely a safe bet. I originally planned to make a quick buck and run, but ended up being a 'long-term shareholder.'
Once I said this, the grilled kidney in my hand didn't taste good anymore. This is not an isolated case; I receive similar private messages every day in my background: 'Can I buy XX asset?' 'Everyone is grabbing it, should I get on board?' But out of ten people, eight haven't even verified the most basic official information about the project. This is not investing; it's clearly blindfolded lottery playing, and they specifically choose to buy the ones with the highest odds.
Today, let me share some valuable insights: before allocating any crypto assets, 'checking the official website' is an unavoidable first step, without exception. Don’t think this step is troublesome; the official website is the project's 'identity card'. The true value logic hidden in the ETH official website is not 'everyone is buying', but how its consensus mechanism upgrade improves efficiency, and how the progress of Layer 2 ecology solves congestion issues. These are the 'hard bones' that support prices, not a few shout-outs in the community.
I have seen real old players who can flip through the official white paper three times before buying, and even check the public speeches of the development team and study the code update frequency. The most common mistake that novices make is treating 'group sentiment' as 'investment basis', following the trend when others say it will rise, and panic selling when others are scared, becoming a 'leek signal receiver' in the market.
Just like Xiao Wang, he hasn't even clicked on the 'Ecological Applications' section on the ETH official website, and has no idea how many core scenarios in the DeFi and NFT fields rely on it. He only focuses on the short-term fluctuations of K-lines, it's no wonder he doesn't lose money. To take a step back, even if you don’t want to study deeply, at least confirming the authenticity of the project through the official website can help you avoid those 'air projects' that can't even get their official website right, which can save you from half the pitfalls.
To be honest, the crypto market has never been about 'who runs faster', but rather 'who lives longer'. Those who think about 'making quick money' are often the first to be educated by the market. If you currently have holdings, it might be worth spending five minutes to open the corresponding official website and take a look around; you might just discover how rash your previous decisions were. Follow Yangyang
