Three Rules for Survival in the Cryptocurrency Circle
1. Be skeptical of what anyone says about investment
I have avoided many pitfalls because I have privately thought about and doubted the investment projects provided by many people. If someone recommends it many times and I don't take action, it will constitute distrust of the other party, so I will buy some, but the result is usually a loss, and only in very rare cases will there be short-term profit.
2. Be skeptical of what any project party says
The project party will not take the initiative to expose their shortcomings, and they will hide it as long as they can, because they still have to exchange for BTC and ETH in everyone's hands. 99.9% of the project parties know that their projects are doomed to fail, so they keep selling the coins they issue and hoard BTC, ETH and U. Have you seen any project party take the initiative to spend money to hoard the coins they issued in recent years? Almost none.
3. Be skeptical of what anyone with a stain says
Once someone has raised money before, they often find it difficult to let go of this way of making money quickly and are easily addicted. Some of the things they say may make sense, but this may make you let down your guard. Many people don't know the history of everyone, and the money raised by the new project may be yours. It is actually very difficult for retail investors to prevent themselves from being ripped off. The key is to have their own thinking ability. My judgment standard is to verify everything by myself and try not to believe anyone who says that a certain project is good or a certain person is great.