That set of blockchain games I really love and hate at the same time: at first, the "output" seemed like it cost nothing, and people flooded into the pool; later, when inflation opened the floodgates, the coins turned to paper, items became trash, and the returns still looked like they were jumping, but in reality, it was just new investors covering the losses... Basically, it's using tomorrow's selling pressure to feed today's excitement. I occasionally jump in too, and after losing money, I take screenshots as a keepsake, reminding myself not to become the most hated bagholder.



Recently, before and after the upgrade/maintenance of that mainstream public chain, the group has been guessing whether projects will migrate. Just listening to it gives me a headache: whether the chain changes or not, and without changing the economic model, it will leak everywhere no matter where it moves. There’s too much information, which really causes anxiety. My current filtering method is very crude: first, check if the output has a cap and a recycling mechanism; then see if it can still be self-sustaining when new players stop growing; if it doesn’t pass these two checks, no matter how hot it is, I just see it as a joke... That’s all for now.
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