Degen

As we enter into whatever this next hype cycle turns out to be, remember to run away from:

- populist hero personality cults
- schemes that require “(3,3)” style cooperative participation
- neat sounding tokens that strangers pitch to you
- projects where it’s unclear why the rewards or APYs are so high

(cont)

And be cautious about:
- signing anything
- approval/permit amounts
- tokens that show up in your wallet that aren’t known addresses, even if the name looks familiar
- any token with low liquidity
- keeping a lot in a hot wallet

- “experts” who state opinion as fact
- protocols that appear technically sophisticated but don’t make practical sense
- promises of solid anon dev teams
- absurd roadmaps

(cont)

(3,3) is a meme based *very* loosely on game theory notation, with the idea being that 3 is the best outcome (rather than, say, -1) and both (all) players have the optimal outcome by following a certain strategy.

Curious - what do you mean by 3,3 style cooperation?

All great advice

I would just add that this sort of stuff will pump harder and longer than you think is even remotely reasonable - it’s a trap, stay strong