It seems that there has been a craze for local dogs in the square these past few days, so let me share a bit of advice as an old dog enthusiast.

First, local dogs can indeed make you rich, but it requires a certain narrative, as well as reliable project teams, communities, and funding, etc. For example, Shiba's breakout was due to going to zero and then coming back, going to zero and then coming back, and finally exploding in popularity. Doge's old horse calling out trades, etc.

Second, if you are a beginner, I suggest you first learn the basics, such as understanding whether a contract has backdoors, like locked pools, relinquished permissions, etc. (This can be easily checked using bots, and wallets have similar functions, although they are somewhat incomplete), market capitalization, liquidity pools, tax rates, etc. Then learn to look at trends and turnover rates, and then try trading. Those that only pump without selling are likely just waiting to trap you, or they are simply a scam.

Third, do not blindly jump in just because you see something trending. In the past few days, I've seen some that have pumped for over ten days with trading volumes of several thousand dollars daily, then they post in the square looking for someone to take over. They won’t even tell you where the community is, and then there are those that pump for a few hours and then crash – they are likely Myanmar scam projects. If you want to take a bite, they are just watching your principal. The chance of another Squid Game or Luna situation happening is very, very low (they were at a high position for a long time). In this era of quick harvesting, while you are watching them bottom out and rebound, they are watching your principal.

Finally, in the crypto world, anything can happen. Today’s 10U warrior may become rich tomorrow. I wish everyone the best in finding the big golden dog.