Having played in the crypto world for so many years, I have seen too many investors lose everything. They often fall into the same two traps—one is "zombie coins," and the other is "dilution and harvesting tokens." Today, I will share my experiences and expose the tactics behind these two types of pitfalls.
First, let's talk about "zombie coins." These tokens seem to have a bit of a halo, once shining brightly, but now they have completely become "digital trash." Their technical architecture is outdated beyond repair, with code unchanged for years, unable to keep up with market trends. The project team has long given up, and the community is dead—Telegram groups and Twitter accounts are almost inactive, leaving only some hollow propaganda slogans trying to hold on.
What’s the most terrifying? These coins can be delisted from exchanges at any time. Once removed, the price drops to zero instantly, and investors have no chance to cut losses. I personally suffered from this—an altcoin disappeared overnight, a bloody lesson learned.
Now, look at "dilution and harvesting coins." Essentially, these are the project team’s "cash machines." They rely on unlimited token issuance to cash out. When unlocking periods arrive, they start dumping, causing the price to plummet. Early investors and the project team often run away at this point, leaving retail investors holding positions at high prices, suffering greater losses the longer they hold.
Coins like OMG, STRAT are typical examples. Their prices are cut in half repeatedly, and FIL is even more extreme—each unlocking triggers a sharp decline, repeatedly harvesting retail investors’ funds. The inflation rate is outrageously high; your holdings are basically other people’s money.
To sum up these bloody lessons: never touch low-priced coins—they are often not bargains but traps. Outdated projects, no matter how much sentiment they carry, cannot turn around. Don’t be fooled by their former glory. Especially tokens with sky-high inflation rates—stay away. Every penny you lose is transferred into someone else’s account.
Risks and opportunities coexist in the crypto world, but the key is that you must be alive and making money. Stay vigilant, recognize these tricks, and only then can you survive steadily in this turbulent sea.
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WenMoon42
· 01-15 19:28
Seeing zombie coins and harvest coins again, I'm really fed up.
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Low-priced coins are really just traps, there's nothing good about choosing them.
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I was also in on the FIL wave, and I still get angry when I think about it. Repeatedly getting cut is just too much.
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Coins with skyrocketing inflation rates are best avoided, there's no wrong in that.
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I just want to ask, are there still people holding on to delisted coins? Is it true?
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If emotional attachment could turn things around, we'd all be rich.
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The key phrase "making money while alive" is very important; many people die holding high positions.
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Issuing more tokens is just openly cutting, can't some people see that?
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Project teams often create a false prosperity before running away, I've seen it many times.
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The most feared thing is losing everything overnight, and not even being able to sell.
View OriginalReply0
FOMOrektGuy
· 01-15 08:33
Oh no, it's the same old trick. I've been tired of it for a long time.
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Low-priced coins are really a trap. I've fallen for it before.
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I lost a lot during the FIL unlock wave. I'll never forget it.
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Zombie coins are indeed terrifying. You wake up one day and they're gone.
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Issuing more coins is just a naked money-grabbing machine.
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That's a valid point, but the person saying it might not be able to avoid it themselves.
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Are there still people playing with these low-quality trash coins? Serves them right.
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I wouldn't even glance at those with sky-high inflation rates.
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A bloody lesson. How many more have to keep paying tuition fees?
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Emotional revival? Don't be ridiculous. In the crypto world, there's no emotion, only cutthroat competition.
View OriginalReply0
gas_fee_therapy
· 01-12 21:52
Oh no, it's the same old trick again. I stopped messing with this stuff a long time ago.
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Low-priced coins are truly the pits; I've lost money several times before I realized.
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I don't even look at inflation rates that are off the charts; only fools would buy in.
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That wave of FIL, I was in. Even now, I get angry thinking about it—blood lessons learned.
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I was stunned when zombie coins were delisted; couldn't even escape.
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The project team is basically a cash machine, retail investors are just lambs to the slaughter.
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Don't be fooled by past glories; in the crypto world, there's no sentiment—only cutting leeks.
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Living to make money is more important than anything else. This saying is so true.
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The routine of issuing more tokens to harvest is the easiest trap for newbies; I went through it too.
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OMG, there are still people bottom-fishing now. I just can't understand it.
View OriginalReply0
Layer2Observer
· 01-12 21:51
From the source code perspective, these two types of coins indeed pose systemic risks.
Be cautious of low-priced coins — they are often not a bargain but a trap.
Once the inflation mechanism gets out of control, it essentially becomes a wealth transfer device. Data will speak for itself.
The delisting risk of zombie coins on exchanges indeed requires further verification of certain details.
That's correct, but one point needs to be clarified — some projects are not technically that bad; it's just that their marketing stories have been exhausted.
View OriginalReply0
ChainSauceMaster
· 01-12 21:39
I am posting a comment:
Really, low-priced coins are just a trap. Three people around me have already fallen into it.
View OriginalReply0
GreenCandleCollector
· 01-12 21:29
Really, low-priced coins are just scams. I should have recognized the reality long ago.
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I also experienced the wave of cutting leeks during the unlock period, and I still have a heart attack to this day.
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That hit too close to home. The once-godly coins now have no community at all.
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I will never touch inflationary tokens again. Every time, I watch my money fly into the hands of the whales.
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The moment zombie coins are delisted is truly despairing. Can't even sell them, they go straight to zero.
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With such outrageous inflation rates, some people still rush in. This is called the self-cultivation of leeks.
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I was repeatedly educated during the FIL unlock wave. Now, I run whenever I see high inflation rates.
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Emotional attachment aside, holding positions will still lead to losses. The project team has long since profited.
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My blood and tears story—it's because I didn't heed advice and got involved in these things.
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Now, looking at low-priced coins, I reflexively think of the feeling of wanting to jump off a building.
Having played in the crypto world for so many years, I have seen too many investors lose everything. They often fall into the same two traps—one is "zombie coins," and the other is "dilution and harvesting tokens." Today, I will share my experiences and expose the tactics behind these two types of pitfalls.
First, let's talk about "zombie coins." These tokens seem to have a bit of a halo, once shining brightly, but now they have completely become "digital trash." Their technical architecture is outdated beyond repair, with code unchanged for years, unable to keep up with market trends. The project team has long given up, and the community is dead—Telegram groups and Twitter accounts are almost inactive, leaving only some hollow propaganda slogans trying to hold on.
What’s the most terrifying? These coins can be delisted from exchanges at any time. Once removed, the price drops to zero instantly, and investors have no chance to cut losses. I personally suffered from this—an altcoin disappeared overnight, a bloody lesson learned.
Now, look at "dilution and harvesting coins." Essentially, these are the project team’s "cash machines." They rely on unlimited token issuance to cash out. When unlocking periods arrive, they start dumping, causing the price to plummet. Early investors and the project team often run away at this point, leaving retail investors holding positions at high prices, suffering greater losses the longer they hold.
Coins like OMG, STRAT are typical examples. Their prices are cut in half repeatedly, and FIL is even more extreme—each unlocking triggers a sharp decline, repeatedly harvesting retail investors’ funds. The inflation rate is outrageously high; your holdings are basically other people’s money.
To sum up these bloody lessons: never touch low-priced coins—they are often not bargains but traps. Outdated projects, no matter how much sentiment they carry, cannot turn around. Don’t be fooled by their former glory. Especially tokens with sky-high inflation rates—stay away. Every penny you lose is transferred into someone else’s account.
Risks and opportunities coexist in the crypto world, but the key is that you must be alive and making money. Stay vigilant, recognize these tricks, and only then can you survive steadily in this turbulent sea.