Friends remember the principle:

1. When you see a altcoin playing with high profit staking, it means this coin is about to run away,

2. When you see a small exchange playing with high profit staking of BTC, it means this exchange is about to run away,

The high risk period of running away is at the end of a bull market.

Many projects are not far from running away when they reach the staking step. When encountering such situations, everyone should be cautious, do not touch staking projects, and even more so do not participate in staking. Do not play a game that is like urinating in your own pants for temporary warmth. Based on my personal observations over the years, the process from the issuance of altcoins to running away is as follows:

1. Before launching, seek large-scale promotion from various media

2. After launching, remain silent when the price drops, and shout again when it rises, until they can no longer shout

During this period, the main force has already completed the unloading according to the plan, leaving the price fluctuations to the market. Without anyone supporting the price, it naturally leads to a volatile decline until it eventually drops by over 90%, approaching zero. This is the process for most altcoins.

For some popular projects, there will be staking or similar activities in between these two steps, especially after a big rise or after the first drop, to further cut a batch of people. Due to space constraints, I don’t want to write too much about it, and I won’t elaborate on the reasoning behind it. Just remember the principle at the beginning to avoid regret after the fact.