There are many common sense errors circulating in the currency circle. Here are a few examples:

1. Starknet’s tvl has dropped to an extremely low level in the past two months. Many people think that this kind of useless chain has no hope, and STRK coins are definitely worthless.

The truth: It is not tvl that determines the currency price, but the currency price that determines tvl.

2. zkSync is called rug chain, and there is no decent ecological project. Many people think that this kind of L2 is not valuable even if it issues coins.

The truth: It is not the ecology that determines the currency price, but the currency price that determines the ecology.

3. There are too many people playing zkSync. Many people think that even if this kind of project is airdropped, they won’t get much of it, which is definitely a small amount.

The truth: The more people masturbate, the more likely it is that there will be big problems.

4. Whenever the bear market ends and the bull market begins, many people do not believe that the bull market is coming. The reason is that there are too few funds in the market to support the bull market.

The truth: It is not the increase that brings the bull market, but the bull market that brings the increase.

5. Litecoin fell sharply last year due to the production cut, and many people believe that Bitcoin will not rise due to the production cut the following year.

Truth: Litecoin is an altcoin, Bitcoin is Bitcoin.

6. During the bear market, many people like to look at the shutdown price of Bitcoin to judge the market bottom.

The truth: It is the currency price that determines the mining cost, not the mining cost that determines the currency price.

7. Mining fees for popular inscriptions soar during the casting stage. Many people believe that the casting cost is the bottom price, and it is impossible for inscriptions with high mining fees to return to zero.

Truth: Coin prices are not determined by cost, but by demand.