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A player holding nearly 200 million RMB in assets can now only cash out 10 million, and just thinking about it is a bit frustrating. This is a typical case of a big account falling into a trap—appearing to have a large amount of funds, but ending up investing everything in worthless projects, and no one can figure out how this money was originally earned.
Many people have indeed suffered significant losses in this round of the market. But don’t be too discouraged; this just shows one thing: the market will always teach people to do their homework. Some coins are just trash, and no matter how high the expectations are, they won’t bring returns.
No matter what, keep going. This market won’t be especially gentle to anyone, but it won’t be cold forever either. If everyone endures this wave together and witnesses the subsequent performance of projects like GIGGLE, ai16z, and AIXBT, there may be new opportunities. Keep it up!
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That's just how the market is; either learn to choose coins or learn to lose money, there is no third way.
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Cases where big investors get caught in traps are actually the most heartbreaking because they show that even large funds can't save poor judgment.
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Persistence? I want to ask this brother, can he still hold on now? Ten million is definitely better than nothing.
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Are new projects like GIGGLE, ai16z really reliable, or are they just another round of harvesting fools? I'm a bit suspicious.
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Losing so much and still advising others not to be discouraged, this mindset is indeed commendable, or perhaps it's forced optimism.
Everyone has done things in projects that didn't work out, it's just a matter of whether you can get back up
Choosing the wrong project is indeed a failure, but who hasn't stepped into pitfalls?
Still need to watch AI16z, this round will surely have a turnaround opportunity.