As the market rises, this guy who has experienced two bull markets is back again, still consistently recommending the junk coins DOT and FIL. A month ago, when the market was down, he didn't say anything, and all his fans came to scold me, saying I recommended junk coins. This guy is not even a good person, okay? Fans who have followed me for a long time know that I have always been bearish on these two junk coins, DOT and FIL.
In the last bull market, DOT got a lot of retail investors trapped with its slot auction speculation, and FIL similarly trapped a large number of retail investors with its mining machines. Now, the DOT project team is variously hollowing out project funds, claiming they want to upgrade to a 2.0 version, but nothing has come of it. I remember that DOT previously released a financial report, stating that billions were spent entirely on promotional expenses. Everyone knows what’s going on; this is not a soft exit, what is it? A soft exit is not an actual exit; it’s just pretending to build something while not really doing anything.
And then there’s the junk FIL, where the project team has cashed out tens of billions of dollars and has already run off to Australia to buy a villa and relax, while retail investors are left dreaming of getting rich.
Recommending DOT and FIL and expecting you to hold them long-term is neither smart nor good. You might say to make a short-term play, ride the rebound, and then run, but if you’re holding long-term, you can only pass it on to the next generation.
