GAIBImmediately start the contract, I just saw Alpha spike from 0.15 to 0.19, is my mind already calculating the profits of "opening a long and hitting 0.3"? Especially with its claim of "bringing AI computing power cash flow onto the chain," it really hits home, feeling like I've missed out on a billion.

To be honest, I was also passionate when I first researched GAIB. It’s not some empty currency shouting AI concepts; it's genuinely working on "tokenizing computing power assets"—breaking down the GPU rental profits held by giants like Nvidia and CoreWeave into small pieces that ordinary people can buy, and layering on DeFi mechanisms. What’s most lacking in the DeFi space right now is "real monetary returns," and this set of "AI growth shares + DeFi composability" is indeed a rare track; this is also why I initially thought it had potential.

Moreover, its card face is indeed not bad. It just raised $15 million, with institutions like Hack VC and Amber Group investing, and it can even go on Binance's contracts. Together with the Alpha points airdrop activity, the initial hype will definitely not be low. That spike you saw is simply early funds competing for allocation; riding this wave of FOMO, a short-term price surge is not impossible. Not to mention it has a buyback and burn mechanism, with half of the GPU rental fees used to buy back and burn coins, which, in the long run, if the business can run smoothly, the supply-demand relationship can support the price.

But let’s not be carried away by the fantasy of 'starting at 0.3'. Contracts, especially new coin contracts, are simply amplifying the risk to the max. Let me pour some cold water on you; you must keep a close eye on these pitfalls:

The first pitfall is leverage and volatility. The GAIB contract can open up to 40 times leverage—have you thought about that? The price is currently not stable at all. That spike from 0.15 to 0.19 was not a trend but 'capital pothunting'—when a new coin is just launched, liquidity is inherently poor, and a few large funds can pump the price sky-high and then crash it back down. If you go long, even if it just retraces 10%, 40 times leverage can wipe you out; you'll have nothing left of your principal. Many new coin contracts have followed this pattern—launching with a 20% pump to lure in buyers, then turning around and dropping 30%, trapping a bunch of people.

The second, even more critical issue, is the tricks with the reserves. Just days before it launched the contract, someone revealed that they had deleted the transparency link for reserves on their official website—claiming a reserve of $150 million, 75% of which lacks third-party audit proof. Although the CEO stated that 'withdrawals are not a problem', in the crypto circle, financial transparency is crucial! If it later comes to light that the reserves are insufficient, panic in the market could drive the price down to your ankles, leaving you no chance to stop loss on your long position.

Then there's the question of whether its 'underlying earnings' can be realized. The earnings touted by GAIB rely entirely on GPU rentals and short-term U.S. Treasury bonds. But how competitive is the AI computing power market right now? What if GPU supply exceeds demand later on and rental prices drop? Wouldn't its cash flow be cut off? U.S. Treasury bond yields are also affected by interest rates; if the Federal Reserve raises interest rates again, this part of the yield will also shrink. Not to mention asset tokenization; regulators in various countries have not made it clear. If policies tighten one day, the project could be halted, and by then, the coin price might be worthless.

Lastly, I must remind you that virtual currency trading and contracts are explicitly prohibited in our country. This matter itself is not compliant, and your principal is not secure at all—if the platform runs away or is investigated by regulators, you won't get your money back.

So, as much as you may be conflicted, my advice is simple: don't rush to enter the market. Either gamble lightly or first act as an 'observer'.

If you really can't resist wanting to try, listen to me: only use money you can afford to lose—like taking out 5% from your spare cash to play with. Don't add a penny more, keep leverage at a maximum of 5 times, and you must set stop losses. For example, if it drops to 0.14, cut your losses immediately; you must not hold onto the position.

But a more rational approach is to wait a bit longer. Wait for the price to stabilize for a week or half a month, see if there's really support in the trend; wait for them to clarify the reserve funds and present a third-party audit report; wait for them to disclose the first wave of real GPU rental income data, proving that this business can actually make money. Deciding to go long at that time will be much more stable than rushing in on a wave of enthusiasm now.

Opportunities to make money in the crypto circle are never lacking, but once your principal is gone, you're truly out. This wave of market activity looks lively, but the risks and returns are fundamentally disproportionate. Let’s not be 'cut leeks'; staying steady, observing clearly before taking action is the smartest choice.