Rumors of "pitfalls" in the cryptocurrency circle: Why do people say "Chinese projects, be careful"?
Back then, blockchain was booming, and Chinese people went to the sea to seek gold!
But why are "Chinese projects" often complained about? Let's talk about the root cause.
In those years, ICO was very popular, but it was not allowed in China. What should we do? Smart Chinese people turned to overseas, Japan, Singapore, Malaysia... everywhere!
But the problem also came. A group of newbies who didn't understand technology and code rushed in with the dream of making money. The result? Ninety-nine percent of them became "leeks" and were cut to pieces.
What about the remaining one-tenth? Hey, they are "short-term experts". Projects come and go quickly, and they go back and forth every half a year. They make money and run away, leaving a mess.
If there are more such operations, the reputation will be stinking.
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