The madness and cruelty of the currency circle: an endless game of “getting rich”
In the currency circle, everyone seems to have the dream of getting rich overnight, but reality is often crueler than dreams. There is no so-called "dog licking" here, because here, even the most loyal followers may end up with nothing. Similarly, no "dog gambler" is immune. When you bet everything on yourself, what awaits you is likely to be a clean ending. Free ban qun; danger; HSFS2209
The recent bull market in the currency circle has undoubtedly pushed this game of "getting rich" to a climax. Both mainstream currencies and those little-known Dogecoins are all sprinting like crazy. But behind this seemingly prosperous feast, hidden is the blood, sweat and tears of countless investors.
Those who want to get rich overnight often set their sights on Dogecoin. They think that as long as they bet on the right thing, they can achieve financial freedom overnight. However, they ignore the most basic fact: in this fraudulent and crazy cryptocurrency circle, project owners often only cut leeks and run away when their own interests are maximized.
The VT project is a typical example. They took advantage of investors' greed and blindness and successfully raised a large amount of funds through a carefully designed scheme. Then, when the project was at its hottest, they chose to cut the leeks and run away, leaving a mess behind. Such things are common in the cryptocurrency circle, but every time they happen, there will always be people who repeat the same mistakes.
Now, the most discussed topic in the Chinese community is the so-called ENTS Treeman Project. With just a picture, hundreds of millions of funds can be defrauded, which makes people sigh at the blindness and madness of cryptocurrency investors. But in such a project, except for the project owner who made a lot of money, everyone else lost money. Because they are too greedy and always think they can be the lucky one.
The pre-sale of ENTS coins is even more ridiculous. In this seemingly prosperous bull market, people seem to have forgotten the existence of risks. Even for legitimate projects, pre-sales are likely to fail, let alone ENTS coins now? Can a picture of an ENTS tree man convince you? Don't be silly, the burning tree man is actually your money!
The project team spent a long time planning and then took advantage of the bull market to launch the project to raise funds. When the funds reached their expectations, would they add the funds to the project pool to share? Of course not! They have already made enough money and have maximized their profits. In this case, why would they not run?
This is the cruel reality of the cryptocurrency world: ways to get rich quickly are often accompanied by high risks and high fraud. The ultimate goal of those who have been setting up schemes and projects for a long time is often just to reap the rewards overnight. Ordinary investors often become their prey due to their lack of sufficient knowledge and risk awareness.
Now some people have started to post the personal information of the project owners and spread it crazily, but is it really useful? Such people are often abroad, so what can you do with them? In the end, the victims are still the innocent investors and their families.
Bear market hurts people, bull market cuts people. This is the eternal truth in the cryptocurrency circle. Many people think that now is a bull market, they can chase various dog coins with confidence, but what is the result? As long as you enter, you will be harvested. Because those project owners come up to make money and they don’t care about your life or death.
So cherish your family and stay away from Ponzi schemes and Dogecoin! In this fraudulent and crazy cryptocurrency world, no one can be a permanent winner. Only by keeping a clear mind and a rational investment attitude can you survive in this cruel game.