#美国非农就业数据未达市场预期 In the capital markets, making money is often proportional to your level of understanding, especially in the crypto world.

With each new market cycle, a wave of newcomers always rushes in. They see sudden wealth as an opportunity, unaware that some traps have been laid long ago.

Take Filecoin as an example. The initial narrative was so compelling that it was highly attractive—"a decentralized storage network where users have complete privacy and data ownership." It sounded ideal. Who wouldn't want a transparent, secure, and private system?

But reality always hits back. FIL soared from an initial $1 to $238, with overwhelming media promotion. Mining rigs cost hundreds of thousands each, yet there was no market for them. Many truly believed in the story of "the next Bitcoin," only to see the price peak immediately after launch and then plummet in just over a year. Countless dreams were completely harvested.

Why is that? Because so-called free storage is hampered by technology and high costs, with enormous operational expenses. Ironically, projects that claim to be decentralized often end up with control concentrated in a few large institutions—where is the decentralization?

The problem isn't that you're not working hard; it's that your efforts are directed in the wrong direction. Many people treat hype as technological breakthrough, and emotional resonance as the foundation of value. Capital only cares about harvesting efficiency, never about sentiment.

So instead of blindly chasing the next mythical coin, ask yourself first: does this project have real implementation capability? Where is the user value? If the answer is nothing, then no matter how fancy the concept, it's just a shell. Recognizing traps isn't difficult; the key is to stay clear-headed.