Let me tell you a story:

In 2018, a popular model for issuing tokens emerged, which involved transferring 0 ETH to a designated contract (requiring GAS fees) and then issuing tokens. Everyone would gather in groups to find group leaders to guarantee OTC transactions. Those who acted quickly made money, while those who were slow lost everything.

Among them, a representative project is ENU, avocado 🥑. Of course, this project's popularity is considerable, as it has been listed on some smaller exchanges. I remember it was around January-February 2018, just before the Lunar New Year. One wallet could transfer 0 ETH to the contract, and then distribute tokens from many to few into the wallet. At that time, GAS fees were cheap, possibly just a few bucks or a bit more for a transaction. Sweet Girl had over ten wallets, each with about 3000 tokens, and the highest single token was about 0.08, so the cost for one wallet was just a few bucks, while the highest value reached several thousand bucks, which was quite shocking at the time.

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As for the later part, you can see from the above image that it went to zero.

At that time, the enthusiasm was still very high, as people were claiming airdrops. Subsequently, various contracts with zero transfer tokens emerged, and everyone was quite enthusiastic. Since there wasn't much cost involved, people were using bots to collect them. Some would open 100 wallets, or even 1000 wallets, then leverage popularity and influence to gather groups for OTC trading. Selling them would yield profit, and then continue to open other projects for more zero transfers.

Sweet Girl still has a lot of these zero-sum tokens, some generated herself, and some bought from friends in the group, all having gone through pitfalls.

Don't be anxious, it doesn't make much sense. It's okay to try with a zero-sum mentality and feel the changes in the industry, but going all in with large positions is just foolish. Some opportunities may be missed, but you won't lose what you already have. Blindly chasing hot trends may lead to losing everything.

Hold onto BTC and ETH, and you will own everything. #撸羊毛