Lighter has gained quite a bit of popularity this round, and many people have indeed benefited, but the real situation should be viewed calmly. YuChen admitted that he only accumulated a few hundred coins, and this wave basically broke even, not to mention getting rich overnight.
The early participation cost and the later stage are completely different. In the initial phase, the cost was about 50U per coin, and as more entrants joined, the cost gradually increased to around 30U. This is a normal market pattern—the later you enter, the higher the cost.
Those online claims of holding tens of thousands of coins in a single account or having hundreds of accounts look glamorous but are actually half true. Many are marketing accounts, spam accounts, or exaggerated promotions. To avoid pitfalls in the crypto market, the key is to stay sharp and learn to distinguish genuine information. Don’t be blinded by exaggerated wealth stories; rationally assessing risks and rewards is the best approach.
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RugPullSurvivor
· 9h ago
Early 50U and now 30U, the price difference is almost where the nightmare begins.
Just listen to the stories from marketing accounts; those who truly hold hundreds of accounts have long since shut up.
We are all just leeks; it all depends on who gets cut.
YuChen breaking even is already pretty good; most people are probably still losing money.
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DefiOldTrickster
· 9h ago
Haha, YuChen is right, breaking even is considered a win. I also suffered from this kind of loss early on. Now looking at Lighter's tricks, they've been played out for a long time, and latecomers are all just leeks.
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OfflineNewbie
· 9h ago
Early-stage 50U and late-stage 30U are really two different concepts. That's why some people shout about getting rich quickly while others focus on capital preservation.
Among those "hundreds of accounts" online, I really haven't seen many that can be implemented in reality.
Staying sober is the most important; don't be brainwashed by stories.
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MetaverseLandlord
· 9h ago
I didn't make much profit myself, just broke even. Don't believe those boastful figures online.
It sounds like marketing accounts are just making up stories; it's really not that miraculous.
Late entrants indeed lose money; that's the reality of the market, there's nothing we can do about it.
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LiquidatedAgain
· 9h ago
Another project hyped up to the sky, and this time it's already fortunate not to be liquidated... If I had known the difference between 50U and 30U was so big, I should have cut my losses and exited earlier. Hindsight is 20/20.
I don't believe any of those screenshots showing tens of thousands of coins online; they might just be taken with the leverage pushed to the brink of liquidation... Just marketing accounts.
YuChen capital preservation, I just laughed. This round was really a psychological consolation prize, haha.
That's how the crypto market is. The later you enter, the worse the risk control points are. The latecomers are always the bagholders. You need to be smarter and not get brainwashed by those leverage stories. Viewing things rationally is the way to survive longer.
Lighter has gained quite a bit of popularity this round, and many people have indeed benefited, but the real situation should be viewed calmly. YuChen admitted that he only accumulated a few hundred coins, and this wave basically broke even, not to mention getting rich overnight.
The early participation cost and the later stage are completely different. In the initial phase, the cost was about 50U per coin, and as more entrants joined, the cost gradually increased to around 30U. This is a normal market pattern—the later you enter, the higher the cost.
Those online claims of holding tens of thousands of coins in a single account or having hundreds of accounts look glamorous but are actually half true. Many are marketing accounts, spam accounts, or exaggerated promotions. To avoid pitfalls in the crypto market, the key is to stay sharp and learn to distinguish genuine information. Don’t be blinded by exaggerated wealth stories; rationally assessing risks and rewards is the best approach.