Recently, a bunch of new projects have been launching on the chain one after another, with all kinds of concepts emerging—NFTs, tokens, social tokens… Some people are having a great time, but a careful calculation reveals that the reality might not be so optimistic.



Let's ask ourselves honestly: are the players participating in these projects ultimately making money or losing money? To be honest, most people are at a loss. Not only does it cost money to play, but it also consumes a lot of mental energy—monitoring the market daily, chasing hot topics, participating in various activities, with huge time and effort invested.

What is the real gain? A group of newly acquainted "investment friends," and a large amount of Gas fees spent on on-chain interactions—these costs ultimately flow into the pockets of bots and miners.

From a practical perspective, rather than frequently switching projects and chasing concepts, it’s better to focus on more stable choices. For example, on public chains like BSC, focusing on projects with solid fundamentals often beats the strategy of chasing new trends frequently. The core logic of the market hasn't changed; what has changed is only our understanding of the investment rhythm.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
NFTragedyvip
· 18h ago
That hits too close to home; gas fees are really a bottomless pit.
View OriginalReply0
MetadataExplorervip
· 18h ago
It's so true, every time it's just gas fees eating up the profits. Chasing new projects is basically working for the miners. Focusing on fundamentals is the real key, stop messing around. Staring at the charts every day is really dishonest and loses money. It sounds simple, but it's hard to do, and I still can't resist jumping in.
View OriginalReply0
BearMarketMonkvip
· 18h ago
Heartbreaking, brother, you're right. --- Gas fees are the biggest harvesters, no complaints about losing. --- Chasing new concepts every day, ending up in debt... --- You still need to focus on fundamentals and not be blinded by fireworks. --- What happens to that group of "investment friends" after they disperse? Each one cools off. --- Playing low-key on BSC actually leads to a more comfortable life. --- Frequent interactions are just working for miners for free, really. --- I regret it when I think about how many air projects I chased before. --- Ultimately, it still depends on the project's quality; don't be brainwashed by narratives.
View OriginalReply0
CryptoHistoryClassvip
· 18h ago
ngl, we've seen this exact playbook before... *checks notes* ah yes, the 2017-2018 cycle. people still haven't learned pattern recognition yet?
Reply0
tx_pending_forevervip
· 18h ago
That hits too close to home; I am the big contributor to gas fees every day. Chased a new project for half a year, my wallet is a complete mess, but I’ve been paying gas fees quite happily. Instead of daily aping, it’s better to be honest and hold mainstream coins to relax. This market is just a carnival of cutting leeks; most people are here to send money. If you don’t understand the fundamentals, don’t make reckless moves. Truly, a painful lesson. Forget it, I’ve decided—no more chasing trends, just focus on those few reliable projects on BSC. Isn’t this the correct way to open Web3? Or am I overthinking it?
View OriginalReply0
DYORMastervip
· 18h ago
That hits too close to home; most people are just working for the miners.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)