Looking at the wallet in the early morning, the balance shows 0.000042——twenty thousand dollars just evaporated like that.

Don't rush to comfort me about my bad luck. Most people in the crypto world lose money, and it ultimately boils down to two types of traps: zombie coins and inflationary coins. If you can see through these two things, you can at least save half of your tuition.

What is a zombie coin? It's the kind where the code doesn't get updated, the community is like a graveyard, and the exchange is always ready to sweep it out the door. How to judge? Look at three places: GitHub hasn't moved in over a year, the community can't post a few messages in a week, and the official account just knows how to ride the trend and shout slogans.

I held a coin last year and suddenly received a notice that it would be delisted in 72 hours. The price? It went straight to zero. Want to place a sell order? The buttons are all greyed out. That feeling is like the steering wheel suddenly falling off while driving on the highway; there's no time to brake. Exchanges do not accommodate idle users; the first batch to go are these zombies when the trading volume is insufficient.

The increase in issuance is even more ruthless. The unlocking day is basically the same as the dumping day; the coins in your hands are just someone else's ATM. How to identify it? Two lines: the unlocking amount is more than three times the daily trading volume, and early VCs acquired the coins at a cost of less than 5% of the current price.

There is a project that is quite typical, dropping from $20 to $0.4, a decline of 98%. What about the circulating supply? It has quadrupled. Every time the K-line is unlocked, it feels like diving, and retail investors cannot keep up with the pace of the project team's money printing. Cheap is never an opportunity to pick up a bargain; it is a bomb wrapped in sugar paper.

How to save yourself? Three tips: First, check for code updates; if there have been no substantial submissions for 30 days, blacklist it directly. Second, keep an eye on the unlocking calendar; withdraw one week before the next unlock. Third, watch the trading volume; if the daily trading volume is less than 1% of the market value, quickly stop the loss; don't expect a miracle.

This market will not pity those who stubbornly hold on; it will only reward those who stay awake. Don't let the beautiful dream of "moon landing" turn into a nightmare of "plunging into the abyss". The market changes every day, but opportunities do not wait for anyone.