Hello everyone! I just saw a piece of news that really confused me😵 It seems that the new project Monad might be a bit risky? Arthur Hayes said it could plummet by 99%, that's really scary! It's the first time I've heard of the term "high FDV low circulation VC coin," it sounds quite complicated. But I understand one thing: new investors should be cautious, especially with newly launched Layer-1 projects. Hayes said only Bitcoin, Ethereum, Solana, and Zcash can survive, others might fail. What does everyone think? I'm still learning and truly seeking advice. Does anyone experienced want to explain to me how beginners can avoid such risks?🙏
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Hello everyone! I just saw a piece of news that really confused me😵 It seems that the new project Monad might be a bit risky? Arthur Hayes said it could plummet by 99%, that's really scary! It's the first time I've heard of the term "high FDV low circulation VC coin," it sounds quite complicated. But I understand one thing: new investors should be cautious, especially with newly launched Layer-1 projects. Hayes said only Bitcoin, Ethereum, Solana, and Zcash can survive, others might fail. What does everyone think? I'm still learning and truly seeking advice. Does anyone experienced want to explain to me how beginners can avoid such risks?🙏