Friends in the circle (stay away from suckers coin FIL)

In the wave of cryptocurrency, I went through an exhilarating investment journey and almost lost 20,000 USDT. This experience made me deeply realize that there are two types of digital currencies that investors must treat with caution.

First, there are the so-called 'zombie coins'. These types of coins appear to still be circulating but have actually lost their vitality. They usually have the following characteristics: stagnant technological development, with the codebase not updated for a long time; community activities are nearly halted, and there is little meaningful interaction on official social media; they face the risk of being delisted from exchanges at any time. I once held a large position in one such coin, and when it was suddenly delisted by the exchange, I didn't even have the chance to stop-loss and watched my investment vanish into thin air.

Another type is 'ATM coin', which the issuer regards as an ATM that can be issued at will. The characteristics of this type of coin are: once the token unlocks, the team and early investors sell off in large quantities for cash; the coin price continues to fall, seemingly a bottom-fishing opportunity, but in reality a bottomless pit; the inflation rate far exceeds that of fiat currency, leading to constant depreciation of holders' assets. For example, OMG fell from $20 to $0.2, while STRAT and FIL experienced price crashes each time they unlocked.

Based on these experiences, I want to remind all cryptocurrency investors: don't be deceived by low prices, cheap does not mean valuable; do not be swayed by FOMO (Fear of Missing Out) sentiment, as this is often the root of losses. Keep in mind that the vast majority of outdated projects will not be revitalized, and those coins that are constantly inflating will not bring real returns to investors.

In the cryptocurrency market, avoiding traps is more important than seizing opportunities. By understanding and steering clear of these two types of dangerous coins, you have already avoided most potential risks. The market is never short of opportunities; the key is to have the wisdom to protect your principal. Only by moving steadily forward can you go further in this market full of opportunities and risks.

Playing these international markets with FIL and losing everything, it should be clear to the Chinese people!