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The crypto circle is so hypocritical it leaves people speechless.
The longer you stay here, the clearer you can see the truth behind these things.
The tricks to scam people are varied, but in the end, it's all the same: you wait for the product to go live, while they wait for you to take the bait.
The whitepapers of these projects are indeed beautifully written, full of praise and flattery, but the token prices are like birds shot and falling straight down after a slight hype. When the narrative becomes outdated and the hype fades, the coin prices keep dropping, unstoppable. Even more outrageous, token contracts can be upgraded at will, secretly issuing more tokens without you noticing; unlock schedules can be changed at will, with second and third modifications being common—what can you still trust?
The most extreme are those that simply write "to be announced" for unlock times, and for the selling pressure, they just throw out a line saying "market will understand itself," and that's it. Retail investors deceive themselves into thinking this is a shakeout, adding more faith and investment, only to find themselves completely trapped, with nothing but chaos left.