Here's a harsh truth: if the TGE opening can't even recover the capital, the coins that haven't been unlocked can basically be considered worthless.
Taking the Sahara as an example, those who participated in the presale should still have some locked shares, right? Luckily, the opening price allowed them to break even immediately; otherwise, it would have been a lot more agonizing.
Let’s take another look at this recent wave of presale projects — they lock you in for a year right from the start. Seriously? Is this what it’s all about, a psychological massage watching your balance shift from red to green? It’s just pure torment for the players.
What is the purpose of participating in such schemes? Is there really someone who enjoys the feeling of being "boiled slowly like a frog"?
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LoneValidator
· 2m ago
Locking for a year is just a direct deterrent, this is not investing, it's gambling on Ark's patience.
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Opening below the issue price means everything bought is just waste paper, no one can save it.
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Sahara's wave was really lucky, if they switched projects they would have been gg long ago.
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I just want to know who the hell is still playing this torture game, what are they thinking?
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Boiling frogs in warm water? No, this is directly throwing people into ice water and waiting for them to die.
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To put it bluntly, it's just a cash-out game for the capital side, with retail investors as the dumb buyers.
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For projects that fall below the issue price before unlocking, there's no need to even look, it's definitely a scamcoin reservation.
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I've seen one-year lock periods, but this kind of ridiculousness is really rare, it's purely an insult to intelligence.
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WalletsWatcher
· 11-30 03:27
Lock for a year? Isn’t this just a disguised way to play people for suckers? Watching the account shrink but unable to do anything.
Projects that fell below the issue price at TGE, those unlocked coins are just a joke.
In an era where prices slump by 50% right at opening, who still really believes in some presale myth?
To put it bluntly, it’s just a choice between waiting to die and waiting for a missed deadline.
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BlockchainBrokenPromise
· 11-30 03:27
The moment the opening price falls below the cost price, the remaining unlocked coins become a psychological burden.
Having a lock-up position for a year and still praying it won't collapse, this trade is truly unbelievable.
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SundayDegen
· 11-30 03:25
Lock for a year? Isn't this just a blatant Be Played for Suckers? I've seen through this trick long ago.
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Projects that open and fall below the issue price, those coins in Lock-up Position really become tools of psychological torment.
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To be honest, those still participating in such presales now are all in a gambler's mindset, either lucky ones or being harvested.
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That wave in Saharan was considered good luck, otherwise it would have been a complete mess by now.
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Boiling frogs in warm water? This description is too on point; it’s just grinding your mindset.
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QuietlyStaking
· 11-30 03:22
Locking for a year is really extreme, isn't it just gambling on whether the opening can save you?
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GraphGuru
· 11-30 03:08
Lock for a year? I directly advise against it, this is just a disguised way to Be Played for Suckers.
The moment it opened and fell below the issue price, I knew that the subsequent coins could be given away for free.
To put it bluntly, TGE is like a mirror that reveals the truth, instantly showing whether the project party is sincere.
There are really people still betting on recoup investment at the opening, I admire that.
The recent presales are truly getting more outrageous one after another, I choose to withdraw completely.
Here's a harsh truth: if the TGE opening can't even recover the capital, the coins that haven't been unlocked can basically be considered worthless.
Taking the Sahara as an example, those who participated in the presale should still have some locked shares, right? Luckily, the opening price allowed them to break even immediately; otherwise, it would have been a lot more agonizing.
Let’s take another look at this recent wave of presale projects — they lock you in for a year right from the start. Seriously? Is this what it’s all about, a psychological massage watching your balance shift from red to green? It’s just pure torment for the players.
What is the purpose of participating in such schemes? Is there really someone who enjoys the feeling of being "boiled slowly like a frog"?