Things you must know when playing with local dogs!
In the past, if you wanted to issue coins to become a golden dog, you needed to have start-up capital, traffic, find someone to announce the issuance, etc., and package it so that everyone would feel that they could become a golden dog and be willing to spend money to buy a dream and win the lottery.
It’s much simpler now. If you have some traffic, find a technical team (actually, you don’t need it, there are tutorials on the Internet), use AI tools to make memes, add some stories, and attach the wallet address, and someone will start transferring money into it (IDO) , the depth of the pool depends on how many lucky people "sponsor" it. There are roughly three types of scripts:
1. The collection operation is simple and fast, and you don’t even need to open a transaction. (Beware of being fucked and squatted in a brothel, giving birth to a child without an asshole)
2. The market opened as scheduled, and most of the money went into the pockets of the project team.
(Generally speaking, it is a normal performance and will be taken away in a wave)
3. After the market opens, all the money received will be added to the pool, and the project will have some tokens. In theory, it will make a profit without losing any money. (The operation of $BOME should be this set)
The speed at which Golden Dog $BOME got out of the circle really opened my eyes. It took 2 days to go to the 2nd and 3rd tier exchanges, and 3 days to go to the 1st tier exchange. You must know that for normal tokens to be listed on the exchange, the project side has to spend a lot of money and tokens. How do you feel about asking for help and waiting in line for other regular projects?
Here comes the key point, “Everyone makes money, who loses money?”
Playing with local dogs is very risky. Watching someone online earn ten times or a hundred times their orders, share and retweet. This kind of divergent emotion causes ordinary people to easily suffer from "FOMO". It doesn't matter if you lose money, but it is uncomfortable to watch others make money. .
Think about it, the actual situation should be that it is rare to have a golden dog that makes people make money. Of course, you have to show it off, but you don’t dare to say it after losing dozens or hundreds of times. You can only touch your nose and wait for the next opportunity. This is Human nature, but it also leads many people to rush into the market with their money. If they are lucky, it will double, but if they are not lucky, it will return to zero. I remind everyone to invest rationally.