Speaking of losing money in the crypto market, I've seen too many people fall into the same traps—either stubbornly holding onto overhyped altcoins and dreaming of a comeback, or taking on bottomless tokens that crash as soon as they unlock. I personally paid a tuition of 20,000 U.S. dollars back then and almost lost everything. Today, I’ll break down these two "death traps" in detail, hoping to help everyone save some real money.

**First Category: Outdated Altcoins with Technical Stagnation**

These coins are pretty easy to identify. Just check their GitHub repositories—if there’s no activity for two or three years, their tech architecture is already far behind new projects. Look at their communities: Telegram groups that can’t muster more than ten words a day, and Twitter accounts that only post trending topics (AI, RWA, Metaverse) or repost dull "market analysis" without any substantial development progress.

The most deadly risk is delisting from exchanges. Last year, one of my holdings was suddenly notified of delisting without warning. That day, the price halved and dropped to zero—there was no time to cut losses. The project team had long disappeared, leaving only a string of unwanted numbers. Price decline is normal; expecting it to revive? That’s basically impossible.

**Second Category: Inflation Tokens That Crash Upon Unlock**

These projects treat tokens like printing money. Every time the unlock period arrives, the project team and early investors start dumping aggressively. The more retail investors buy, the more the price plummets. The inflation rate is even more insane than fiat currencies.

Just look at these brutal examples: OMG dropped from $20 to $0.2, a decline of over 99%; STRAT almost vanished into historical dust; FIL always crashes after each unlock, and many keep getting re-burned without learning. Thinking of bottom-fishing for bargains? Actually, you’re just giving money to the whales.

**A Few Heartfelt Words**

Don’t be fooled by the idea that "it’s fallen so much, it’s bound to rebound." That’s not an opportunity, but a deep trap. Don’t develop sentimental attachments to outdated projects; 99% of old coins won’t have a second spring. And stay away from tokens with unlimited issuance—your holdings are just other people’s withdrawal passwords.

There are many pitfalls in the market, but as long as you understand the true nature of these two types of coins, you can at least avoid most of the landmines.