Everyone in the crypto world knows that losing money is often not due to choosing the wrong direction, but because of falling into two types of invisible traps. The experience I gained from a tuition fee of 18,000 USDT today will thoroughly dissect these two types of coin schemes to help you avoid detours.
**Type 1: Outdated Zombie Altcoins**
Identifying these coins isn't difficult; just look for a few signals.
Technically, stagnation in the code is the most obvious feature—no updates for two years means the project team has already given up. Community-wise, it's even more hopeless; the Telegram group rarely has new messages in a week, and the Twitter account is full of awkwardly riding trending topics—today embracing Web3, tomorrow hyping NFT concepts—yet there’s never been any substantial progress or real-world application.
The most deadly part is that these coins can be delisted from exchanges at any time. Last year, I held a certain altcoin that was suddenly announced to be delisted without warning, turning into worthless paper on the same day, leaving no time to cut losses. The project team had long since disappeared with the funds, and what followed was a daily decline that never stopped, with no way to turn back.
**Type 2: Infinite Minting ATM Coins**
This type is even more cunning. The project team treats the token as a cash machine—once the unlock period hits, they dump and cash out aggressively. Early investors make enough profit and then run, leaving retail investors to take the hit. The more you hold, the worse your losses.
How outrageous is the inflation rate? A well-known coin dropped from $19 all the way down to $0.3, a decline of over 98%. Some older projects are even more absurd, almost zeroed out, with each unlock triggering a sharp plunge—many people are repeatedly harvested. You might think you've found a low-price opportunity, but in reality, your principal has long become the deposit password for the manipulators.
**Summary of the Truth**
Don’t blindly trust low prices; they are not opportunities but deep pits. Don’t get sentimental—outdated projects rarely have a chance to turn around. Especially avoid inflation tokens, which are essentially just cash machines for others.
There are so many traps in the crypto world; exploring blindly in the dark takes too much time. Instead of stepping on mines yourself, it’s better to learn stable logic and methods from experienced people, avoid pitfalls steadily, and gradually accumulate profits.
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TestnetFreeloader
· 01-09 02:01
1.8 million U of tuition fees, my goodness, how many pitfalls did it take to accumulate this experience points?
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Low-priced coins are really just traps, I've tried it too, and it turns into worthless paper in no time.
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Honestly, whether the code keeps updating or not, this trick is still reliable. That's how I see it now.
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I would directly block any unlimited issuance, and no one should touch the ATM.
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The worst thing is when an exchange suddenly announces delisting; there's really no reaction time at that moment.
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Having passion is fine, but projects driven by passion have really high odds of failure.
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I've seen a 98% drop; that's just pure money grabbing.
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Instead of guessing blindly on your own, it's better to band together. He's right about that.
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AirdropSweaterFan
· 01-09 01:46
18,000 yuan tuition fee is really painful, but I think there are still loopholes in this scheme.
I think the part about zombie coins is not wrong, but the issue of unlimited issuance... how come everyone who entered early has left? There must be times when no one can take over the market.
Low-priced coins are indeed risky, but you can't say there's no opportunity at all; the key is to be able to read the market.
Who are you learning from? No one in this market has clean hands.
I'm just worried it's another way of cutting leeks.
This 18,000 yuan really paid the tuition fee, but sometimes bad luck accounts for a large part too.
A two-year stagnation in technology can be judged, but a dead community can sometimes be a signal of a low position lurking.
The real trap is actually the mentality—greed and fear take turns harvesting in the crypto circle.
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HypotheticalLiquidator
· 01-09 01:41
1.8 million U of tuition... This guy's words are a bit harsh, but they really hit the nail on the head.
Watching these two types of coins, when the borrowing rate soars, it's time to be alert. The next wave of systemic risk seems imminent.
Code hasn't moved in two years? Then it's basically a ticking time bomb, and the health factor will collapse sooner or later.
The most heartbreaking part is the 98% decline, each unlock feels like a domino chain explosion, and retail investors' liquidation prices are non-negotiable.
Low-priced coins are a trap, essentially serving as a cash machine for the manipulators. Increasing leverage doubles the risk.
Honestly, experienced traders have long been leveraged, while we're still picking up scraps. That's where the gap shows.
That's a good point, but the key is how to distinguish which projects have real potential and which are obvious traps.
After reading so many of these warning articles, the most frightening moment is when you make a wrong judgment. When volatility spikes, your entire mindset collapses.
Everyone in the crypto world knows that losing money is often not due to choosing the wrong direction, but because of falling into two types of invisible traps. The experience I gained from a tuition fee of 18,000 USDT today will thoroughly dissect these two types of coin schemes to help you avoid detours.
**Type 1: Outdated Zombie Altcoins**
Identifying these coins isn't difficult; just look for a few signals.
Technically, stagnation in the code is the most obvious feature—no updates for two years means the project team has already given up. Community-wise, it's even more hopeless; the Telegram group rarely has new messages in a week, and the Twitter account is full of awkwardly riding trending topics—today embracing Web3, tomorrow hyping NFT concepts—yet there’s never been any substantial progress or real-world application.
The most deadly part is that these coins can be delisted from exchanges at any time. Last year, I held a certain altcoin that was suddenly announced to be delisted without warning, turning into worthless paper on the same day, leaving no time to cut losses. The project team had long since disappeared with the funds, and what followed was a daily decline that never stopped, with no way to turn back.
**Type 2: Infinite Minting ATM Coins**
This type is even more cunning. The project team treats the token as a cash machine—once the unlock period hits, they dump and cash out aggressively. Early investors make enough profit and then run, leaving retail investors to take the hit. The more you hold, the worse your losses.
How outrageous is the inflation rate? A well-known coin dropped from $19 all the way down to $0.3, a decline of over 98%. Some older projects are even more absurd, almost zeroed out, with each unlock triggering a sharp plunge—many people are repeatedly harvested. You might think you've found a low-price opportunity, but in reality, your principal has long become the deposit password for the manipulators.
**Summary of the Truth**
Don’t blindly trust low prices; they are not opportunities but deep pits. Don’t get sentimental—outdated projects rarely have a chance to turn around. Especially avoid inflation tokens, which are essentially just cash machines for others.
There are so many traps in the crypto world; exploring blindly in the dark takes too much time. Instead of stepping on mines yourself, it’s better to learn stable logic and methods from experienced people, avoid pitfalls steadily, and gradually accumulate profits.