> 'I really believe it will succeed.'
'This is not air, it's the team's practical work.'
'I have already all in, it won't let me down.'
This is not dialogue; it's your monologue before your wallet goes to zero.
The counterfeit coin market is an endless hell; every surge ignites the seed of a 'new faith,' while every crash tears apart layer after layer of illusion.
What is faith?
In this field, it is not the result of rational analysis, but a blind obsession packaged as a desire for financial freedom.
Why do counterfeit coins need 'faith'?
Because it has no inherent value.
It has no stable cash flow, no business support, no user necessity. It is a totem, an emotional anchor, a community of illusion where 'we all believe it will rise.'
The project team knows this well.
So they will:
Create a 'strong narrative': This is the new paradigm of AI + DePIN + L2.
Create a 'Development Progress Chart': Every step written as if to change the world.
Form a 'Community Legion': a group of people shouting 'consensus' and 'support' day and night.
Build 'early external promotion': several big influencers regularly say 'I am still here, I haven't sold.'
They are not giving you a project; they are building an idol for you to sacrifice your passion.
If you believe, it has value. If you don't believe, it will drop.
You during a surge: a preacher burning with reason.
You must have experienced this state
The project just took off, and you became the most loyal promotional machine:
Repeatedly recommending in the group, pulling friends in;
Various screenshots, technical charts, on-chain analyses, posted three times a day;
When someone questions, they are cursed as 'FUD dogs';
Continuously increasing your position, saying it's 'strengthening faith.'
Do you really believe it?
In fact, you are not believing in the project; you are afraid that it will rise and you haven't bought enough.
You are not preaching; you are self-hypnotizing.
You at this stage are the most terrifying. Because you have transformed from an 'investor' into a 'sacrificer.'
You during a crash: a fugitive fleeing from broken faith.
Crashes always come unexpectedly.
It won't give you time; it will strike through your last confidence like a lightning bolt.
You scroll through tweets and find that the KOL deleted the post they hyped;
The group begins to fall silent, one or two 'don't panic' voices soon disappear;
The project party remains silent, 'temporary maintenance' turns into 'permanent silence';
You look at the candlestick chart and find it is no longer a line; it is fallen ashes.
You start to doubt:
'Is something wrong?'
'Is it a hacker?'
'Is it the big players washing the盘?'
'Did I sell too early?'
But you know very well—this is the end of faith.
Why do we always believe again?
Because you are unwilling to admit that those repeated crashes are actually the result of your choice to believe.
It's not that someone deceived you; it's that you were eager to believe. You actively gave up your ability to question and sought the illusion of encouragement.
The reason faith exists is that it provides a more beautiful explanation than reality. It makes you believe this is not gambling but a future. This is not greed but insight.
You are not deceived by faith; rather, you need a faith to combat your powerlessness against reality.
A market without faith cannot rise; but a market with too strong faith will burn everything.
The strongest period of a counterfeit project is not when the technology is most perfect or the cooperation is most abundant, but when retail investors are most willing to promote it themselves.
And once this preaching group begins to fall silent, begins to shift positions, begins to say 'I am more optimistic about the next one,' it indicates that faith has collapsed and cannot return.
Faith can make you hold on during a crash and can also make you miss the chance to escape before a rebound.
You think you are accompanying it to the end,
In fact, it accompanied you in believing a hopeless dream.
Written at the end
Every 'project running away' is the collapse of community illusion;
Every time the 'bottom is broken' is a failure of human self-rescue.
We will eventually understand:
Between surges and crashes, what dies is not the project but your last shred of belief in changing your fate.
You will continue to believe the next one, continue to all in, continue to say in the next bull market, 'This time it's different.'
But every different experience you know is a deeper disillusionment for the next time.
