After three years in the crypto world, I’ve summarized one sentence: The real way to cut leeks isn’t by directly scamming you, but by guiding you to jump in voluntarily.

Looking back to the first year, I was joining various project groups, airdrop groups, and new listing groups like crazy, as long as I heard someone say a certain coin was going to rise, I would go all in without hesitation. As a result, I got liquidated twice in a month, holding only air coins. At that time, I naively thought I had just made the wrong choice, not realizing this was only the beginning of the leek-cutting routine.

In the second year, I started copying trades, thinking I had caught a big opportunity, but in fact, I was just being used as liquidity to be taken over. Now I understand that the so-called signal calling is essentially about selling off, and those big V recommendations had already planned your money long ago.

The most ironic thing is that by the third year, after I built my own circle and observed enough people and projects, I finally saw through the entire leek-cutting script. It’s divided into several stages: first, using white papers and phrases about financial freedom to paint a picture; then creating FOMO to make you feel “if you don’t enter now, it’s too late”; next, finding a few big V endorsements and promises of exchange listings to boost credibility; then pumping the price to get retail investors on board; and finally, the project team and early players concentrate on cashing out and dumping the price. You think you’re investing in a project, but in reality, they’ve already scripted the whole thing.

Now I only believe in three principles: whether a project has real products and use cases, judging based on logical support rather than feelings, and operating with risk control awareness rather than reckless trading.

In the crypto world, it’s basically a magnifying glass of human greed. Whoever can’t control their greed is the leek that gets cut.