"This is a Web3 project that will change the world! Missing this is like missing the internet boom!" When I heard this, I got excited. I invested my entire 400,000 yuan down payment for a house. Six months later, the project ran away, leaving only a statement saying "poor market conditions." Looking back now, I finally understand one thing: the most valuable thing in the crypto market is the narrative, and the most deceptive is also the narrative.
In 2023, when the Web3 concept exploded, I was bombarded with various "decentralized social"
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memecoin_therapy
· 7h ago
Your 400,000 down payment is gone, brother. That move is absolutely brilliant.
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Narrative kills people, I told you.
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Daring to go all in on a house down payment, I admire your courage.
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Poor market environment? Ha, standard scapegoat excuse.
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When the Web3 concept was booming, I almost got hooked too. Luckily, I woke up in time.
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That's why now whenever I see words like "change the world," I reflexively want to run.
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Your experience can really discourage a lot of people, more effective than any warning.
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Narrative is the most valuable and the most harmful; one sentence sums up this circle.
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Gone in six months? Yes, very possible.
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Daring to put the money for a house purchase into it, how inflated must your mindset be?
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Now you know? You should have researched the project team's background and fund flow earlier.
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Decentralized social stuff is just a joke; are people still chasing it?
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I just want to ask, what is this project team doing now?
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consensus_failure
· 01-09 23:51
This is just pyramid scheme talk with a different shell, still riding the trend? That's hilarious.
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OvertimeSquid
· 01-09 23:50
400,000... Brother, how much courage does it take to go all in at once? Thinking back now, I really must have been out of my mind.
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Narrative can sell, but it can also kill. That's the weirdness of the crypto world.
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It's the same line every time: "Missed this opportunity." Someone always falls for it—truly incredible.
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The project team’s phrase "poor market environment" actually means our wallet environment has improved.
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Six months to run away—that's quite efficient... Pity your house dream.
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The biggest product of Web3 is creating anxiety, really.
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Are people still getting brainwashed by this kind of talk? I just can't understand why they keep rushing in.
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Honestly, these blood-and-tears stories are the most educational; they're worth more than any financial management course.
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StopLossMaster
· 01-09 23:49
400,000 directly lost... This is a classic case of being killed by the narrative, really.
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Layer2Arbitrageur
· 01-09 23:48
lmao, "market conditions" is just fancy copium for rug pull. dude just got liquidated by his own fomo. but ngl analyzing the gas consumption on those failed bridge txs? clear 500+ bps leak waiting to happen if you know how to read calldata. people panic sell while smart money extracts value from the chaos. that's the actual edge.
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MetaLord420
· 01-09 23:44
Ha, a 400,000 down payment... this guy is really brave, just go for it. Narratives are indeed the key to the crypto world; the more enjoyable the story, the worse the losses.
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It's "missed it and it's gone," this line is everywhere, and someone always falls for it.
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Poor market conditions? Ha, that's the standard scapegoat line in the crypto circle, I can recite it by heart.
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Basically, it's being killed by stories. The deepest lesson from this wave of Web3 is definitely for these "believers."
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40,000... I didn't expect someone to go all-in to this extent, isn't that just gambler's logic?
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Narratives are the poison of the crypto world; good stories are worth much more than the code itself, how ironic.
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Reading this article, I was sweating for the guy, but I guess it's a lesson bought with money.
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Every time I hear words like "change the world," I think of projects like this—same old套路.
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LiquidityNinja
· 01-09 23:36
Damn, 400,000 just like that gone? That's why every time I hear the phrase "change the world," I get goosebumps.
"This is a Web3 project that will change the world! Missing this is like missing the internet boom!" When I heard this, I got excited. I invested my entire 400,000 yuan down payment for a house. Six months later, the project ran away, leaving only a statement saying "poor market conditions." Looking back now, I finally understand one thing: the most valuable thing in the crypto market is the narrative, and the most deceptive is also the narrative.
In 2023, when the Web3 concept exploded, I was bombarded with various "decentralized social"