Survival Guide in the Crypto World: Avoid Valuation Traps, Seize the Real Wealth Code
As exchanges begin to mass produce "air coins", and big players use sentiment to cover the cold glare of the scythe, the bear market alarm for 2026 has already sounded. But don't be misled by appearances—Web3's vast ocean of stars is still ahead, it's just that retail investors need sharper eyes.
In the next decade, the crypto world will enter a "low-speed qualitative change period". This is not a cold winter, but a golden window of sifting through the sands. Ordinary investors must learn to break down the real value of projects using the mindset of engineers and the perspective of brand experts to navigate the cycles.
Key principles for selecting coins:
1. Technology Moat Principle
A real public chain is not just a pile of copied and pasted code, but rather an engineering marvel as precise as an Oracle database. Ethereum can maintain a valuation of 200 billion because its technical complexity is comparable to that of financial-grade systems. Next time you see a new public chain white paper, ask yourself: Does this project's technical threshold match the salary of a database developer?
2. Attention Monopoly Principle
In an era where AI is crazily producing content, human attention is scarcer than Bitcoin. The explosive rise of Dogecoin and Trump Coin is not coincidental; they are essentially the "Coca-Cola" of the digital age—when everyone is talking about it, the value has long surpassed the code itself. In the next decade, projects that can create cultural symbols will be the true money printers.
3. Beware of these data traps:
Don't be fooled by the false prosperity of TVL, and don't get harvested by the numbers game of trading volume. Exchanges can fake volume from hand to hand, and project teams can easily adjust their economic models. Remember: Any KPI that can be tampered with is a false indicator.
4. Survival Tips for Retail Investors:
Choose either projects with technical difficulties comparable to building rockets (like potential stocks challenging ETH's dominance) or bet on attention black holes that can trigger a frenzy across the network. The other 99% of projects are merely cash machines orchestrated by exchanges.
In this age of information overload, the true wealth code is hidden deep in the code and the weaknesses of human nature. Stay alert, refuse to follow the crowd, and when the next bull market arrives, you will be the one sitting at the poker table.
