Crow Commentary
Simple Explanation:
Beware of possible '土狗币' or marketing tricks, ordinary people should not get overly excited!
If Binance's official or partner channels indeed launch 'OBT', there are likely two scenarios:
1. If OBT is a new cryptocurrency (like a project token):
Immediately check three things:
Check the official website/white paper: If there is no legitimate official website, or if the white paper is full of hype (like 'disrupting finance' or 'tenfold returns'), it is basically a scam coin meant to exploit investors.
Check the team background: Is the founding team anonymous? Is there an entity registered company? If you can't find real people on LinkedIn, it's likely a scam.
Check on-chain data: Use a blockchain explorer (like BscScan) to see the concentration of token holdings.
If the top 10 addresses control more than 50%, it indicates that the market maker can dump at any time.
Ordinary people's response:
Don't be a FOMO buyer: In the early stage of a new coin launch, it’s easy to be lured by market makers to attract retail investors, resist the urge to FOMO (fear of missing out).
Use the 'Market Maker Test': Suppose you are the market maker, how would you exploit investors? If it rises tenfold, would you dare to chase? Understanding this will help you stay calm.
2. If OBT is some kind of new feature (like options, financial tools):
Predicting Binance's tricks:
High-yield traps: They might claim '50% annual yield', but the details hide small print (locked for 1 year, principal may incur losses).
Complex gameplay traps: Designing complicated rules (like grid trading, leveraged ETF) has a much higher probability of losing money for beginners than making money.
Ordinary people's strategy:
Brainwash yourself when dealing with customer service: 'I absolutely won’t touch things I don't understand!'
Small-scale trial: Spend at most 100 to experience, if you lose it, consider it tuition, never increase your position.
Ultimate advice:
Block all cryptocurrency trading groups: Those shouting 'to the moon' in groups are all shills. Remember three formulas:
Scam coins = zero value coins
New features = new ways to exploit
Trading coins instead of working = early retirement (referring to the principal going to zero).
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