Recently, I took stock of the loss situation among GEC participants, and it is truly shocking—funds amounting to thousands of U.S. dollars ending up completely wiped out. What does this reflect behind the scenes?

In fact, this is the most classic tactic in the crypto market: sophisticated packaging, enticing promises, and seemingly reasonable logic. Many players enter without conducting proper due diligence, rushing in with only a superficial understanding of the project's fundamentals. Even more heartbreaking is that if these funds were used to systematically research genuinely consensus-driven potential projects, or even to make moderate allocations during some early opportunities, the results could be entirely different.

The term "Pixiu盘" has been circulating in the market for a long time, characterized by only entering and not exiting. Many people know this but still keep pouring money in, and the psychological game behind this is worth deep reflection. Investors who have suffered losses are often defeated by FOMO emotions and herd mentality.

Honestly, these lessons from losses are very valuable to the entire community. Recognizing people is easy, recognizing projects is hard. Next time you see a similar opportunity, take three minutes to calm down and ask yourself: Does this logic stand up to scrutiny? Does the team have tangible output? Is there genuine community consensus? Sometimes, missing an opportunity is far less terrifying than falling into a trap.