After a harsh lesson, I finally understand this trick.
Let's take a look at how these projects operate: Alon conducts daily live streams and buybacks, which are essentially just excuses to dump. As for BONK, whether it's tinkering with platforms or micro-strategies, it's ultimately the same old trick. Regarding Wlfi, claims of USD1 financing support and application development sound impressive, but in reality, they're just excuses to offload their own tokens.
It wasn't until later that I realized, instead of trusting their propaganda, it's better to assume the worst—assuming that behind every major move, the project team is looking for the right moment to liquidate. Thinking this way can help avoid many pitfalls.
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TideReceder
· 21h ago
Live streaming, buybacks, financing... No matter how many tricks there are, the pattern doesn't change. Ultimately, it's just two words: dumping. That's how I view projects now—any good news is just a smokescreen; you have to assume the other side is looking for an opportunity to liquidate.
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BrokeBeans
· 01-09 18:48
Damn, this is exactly what I've been wanting to say. Finally, someone has exposed it.
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BlockchainTherapist
· 01-09 18:38
Well said. That's exactly how I got caught up in BONK. At the time, I thought MicroStrategy was something high-end, but now I realize it was just a smokescreen.
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MEVHunter
· 01-08 19:55
For real, using mempool monitoring to track project teams' wallet movements is way more useful than listening to their BS. Fundraising, buybacks, development? They're all fake moves before sandwich attacks.
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BottomMisser
· 01-07 06:59
A bloody lesson. Now, the only principle when evaluating projects is to assume they are planning to run away first.
This wave was indeed a harvest, but at least I’ve learned. Those buybacks, financing, and application development are all just smokescreens; there’s only one goal behind them.
Honestly, instead of reading the whitepaper, it’s better to watch when the team starts to operate frequently— that’s a signal of dumping.
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AlwaysAnon
· 01-07 06:59
Another one woke up and now sees through it. It really is that every time a funding news comes out, you should run, with no exceptions.
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StillBuyingTheDip
· 01-07 06:59
I've also seen this live buyback scheme before. Every time they claim it's for the community, but what happens? As soon as they turn around, they dump the market, causing players to suffer heavy losses.
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Web3Educator
· 01-07 06:59
ngl the "assume they're always dumping" framework is actually solid—let me break this down for my students: you're essentially applying inverse signaling theory here. every bullish announcement becomes a potential exit liquidity event. smart pattern recognition honestly.
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ApeWithNoChain
· 01-07 06:54
A bloody lesson indeed. Really, now everything looks like a signal to sell.
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TrustlessMaximalist
· 01-07 06:46
Really, once you learn to think in reverse, you can never go back. Every time you see funding, buybacks, new features, the first thought that comes to mind is—when do they plan to run?
After a harsh lesson, I finally understand this trick.
Let's take a look at how these projects operate: Alon conducts daily live streams and buybacks, which are essentially just excuses to dump. As for BONK, whether it's tinkering with platforms or micro-strategies, it's ultimately the same old trick. Regarding Wlfi, claims of USD1 financing support and application development sound impressive, but in reality, they're just excuses to offload their own tokens.
It wasn't until later that I realized, instead of trusting their propaganda, it's better to assume the worst—assuming that behind every major move, the project team is looking for the right moment to liquidate. Thinking this way can help avoid many pitfalls.