A couple of days ago, I heard someone mention $COLLECT as a new TGE project with a FDV just over a million. I impulsively used some idle funds from my wallet to buy in. Someone asked me why it immediately started to rise after I bought, honestly, I was completely clueless about this project at the time—just hoping to quickly make enough for a meal. Later, I calmed down and thought about it; it seems like the project is really driven by the contract logic, and since there weren’t many other selling points, I just held on. The price is still relatively stable now, so I’ll consider this round of experience as tuition fees.
When I have free time, I go participate in activities related to projects backed by HKUST. Recently, they have a registration bonus coupon mechanism that can be exchanged for small items, mainly aimed at potential airdrops later on. The project is still in early stages, so I’m watching to see if they will introduce a points system or something similar. Many people have already started participating, but I heard that registering on the web might trigger risk control measures, so it’s better to use the app.
Recently, there have been large-scale theft incidents involving Debot and Flow, which is a warning sign. When the market is slightly sluggish, various coin theft events tend to happen more frequently. Luckily, my small assets aren’t attractive to hackers, so I don’t have to worry too much about this.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
3
Repost
Share
Comment
0/400
GasFeeCryBaby
· 7h ago
I impulsively bought $COLLECT, just treat it as paying tuition haha
The joy of arbitrage lies in the anticipation, although most likely nothing will come of it
Whenever a coin theft event occurs, the market tanks—how can we break this cycle?
No matter how good the contract logic is, if there’s no selling point, it’s useless; someone still needs to buy in
The HKUST project just can’t register through the app, try the web version—risk control is really strict
The advantage of small assets is right here, no one’s paying attention
After this wave of market movement, everything goes silent—just waiting for airdrop redemption
$COLLECT went from clueless to bottom-fishing, the whole process is just deleveraging
View OriginalReply0
RugPullProphet
· 7h ago
Getting carried away and going all-in—that's my daily routine, worth the tuition fees.
I'm also farming that project at HKUST, just for free airdrops.
Frequent theft incidents indicate that the overall environment isn't looking good.
$COLLECT is doing well to stay steady now; don't overthink it.
Many people lost money during the debot wave; gotta learn a lesson.
Farming activities are all about the potential for that airdrop, taking a gamble.
Small retail investors can rest easy; hackers don't care about our little assets.
Projects with reliable contract logic are definitely worth holding.
Web-based risk control is so strict; the app is still the safer choice.
In this market, just breaking even is considered a win.
View OriginalReply0
NotFinancialAdvice
· 8h ago
Haha, it's another story of going all-in and being forced to hold it. I understand too well.
I'm also involved in the HKUST project. The app is indeed more reliable; the website has been frequently subjected to risk control measures.
With such frequent coin thefts recently, we really need to be extra cautious.
Whether paying tuition is worth it depends on whether we can succeed later on.
Honestly, most people can't understand the contract logic; it's just gambling.
It's better to try to "shear the sheep" multiple times; maybe one of them will take off.
A couple of days ago, I heard someone mention $COLLECT as a new TGE project with a FDV just over a million. I impulsively used some idle funds from my wallet to buy in. Someone asked me why it immediately started to rise after I bought, honestly, I was completely clueless about this project at the time—just hoping to quickly make enough for a meal. Later, I calmed down and thought about it; it seems like the project is really driven by the contract logic, and since there weren’t many other selling points, I just held on. The price is still relatively stable now, so I’ll consider this round of experience as tuition fees.
When I have free time, I go participate in activities related to projects backed by HKUST. Recently, they have a registration bonus coupon mechanism that can be exchanged for small items, mainly aimed at potential airdrops later on. The project is still in early stages, so I’m watching to see if they will introduce a points system or something similar. Many people have already started participating, but I heard that registering on the web might trigger risk control measures, so it’s better to use the app.
Recently, there have been large-scale theft incidents involving Debot and Flow, which is a warning sign. When the market is slightly sluggish, various coin theft events tend to happen more frequently. Luckily, my small assets aren’t attractive to hackers, so I don’t have to worry too much about this.