There are a lot of words. Typed them out one by one... Everyone, please stick with it.

For beginners entering the crypto space, it's easy to fall into several misconceptions.

For example, if others made money, I would also make money.

Just follow what others do. Because others don’t want to lose either.

In fact, whether it’s fleece, new projects, meme coins, altcoins, contracts, primary markets, or secondary markets.

Most operations are just based on what others say. There are very few who can stick with it after actually getting hands-on.

There used to be a saying -- those who fleece will die in 'only studying white papers without interaction', those who invest in new projects will kneel in 'daring to rush but not daring to invest heavily', and those who play memes will lose in 'FOMO entering but not understanding how to exit'.

Now the market's wind direction has changed.

Fleecing has rolled over. Although the project parties are also doing witchcraft, most of them have a very small vision. For example, Babylon, Linea. (I really can't criticize these two enough.)

Don't think about getting rich quick with this kind of project. A truly rich-making project definitely won't take as long as this PUA. A project that delays issuing tokens.

The longer he lasts, the more it shows he has no skills. How about ETH? Just look at the current price. Look at the technology?

Why was the craze for new projects prevalent in 2018 and 2019? At that time, a new SOL on coinlist made many people rich.

But does anyone know that a winning number of 800 U was not taken? It was only after SOL increased by thousands of times that there was a craze for new projects. And then what?

If even dogs don’t play with coinlist, that’s my evaluation. Why? The market can't accept so many high market cap and high valuation projects, which leads to newly issued tokens definitely breaking their issue price.

Rug pulls, memes, altcoins, no need to say more. The same group of people. The same method. Just changing chains. Scamming the same group of people.

Master Wang Yangming said that knowing and doing should be unified. Confucius' philosophy is to learn and apply.

These two points must be combined. Real benefits are definitely not in those obvious places.

The simplicity of big gains is what I believe in. Want to give a few examples?

The airdrop of MetaMask's little fox wallet in 2021. As long as it's a wallet interaction DApp, cross-chain, or token exchange, everyone got the airdrop.

ENS domain name airdrop in 2021, ENS airdropped tokens to early registered users. At that time, the cost of a domain name was about 5 U. Some owners registered dozens of domains and received airdrops worth tens of thousands of dollars.

Uniswap airdrop in 2020, Uni airdropped 400 Uni to early users, with a single wallet airdrop worth 1200 U. When Uni was at its highest price, a single wallet airdrop was worth 20,000 U. The cost was just to trade a token once, even if it was 1 U.

The first example only did interactions. The second example just registered. The third example just purchased tokens, even if it was only 1 U.

Is it easy? It looks very simple. At that time, these were all new things.

Now, fleece has turned into a game of exchanging knowledge for profits.

Whether you can make money depends on whether you truly understand the project or if you just want to make a quick profit and run.

To give another example, I know a guy who is very wealthy. During the Luna crash, when UST decoupled, Binance delisted Luna. This guy had over 200,000 U in his wallet. (According to others, although we know each other, we're not that familiar.)

The Luna exchange website can still exchange UST for Luna. This guy exchanged over 200,000 UST for Luna and kept it in his wallet as a souvenir. The price at that time was about 0X11 zeros, or maybe 10 zeros, I can't remember.

Later, Binance put the delisted Luna back on. The price was at 0X6 zeros. There was a gap of ten thousand times in between. This old guy withdrew coins and sold them in batches, earning tens of millions.

There must be big shots who know about this matter. There are many who have been in the crypto space much longer than I have.

This is a cognitive gap. But it’s not replicable... I can't possibly have over 200,000 idle money sitting there, and be willing to exchange UST to buy Luna to keep in my wallet as a souvenir.

So I can't possibly make that much money. Saying all this is just to make people a bit more rational. Choices need to be more careful.