Meme challenge #264 - Entry #1 The meme that reminds me of a rug pull

image.png

When the Trailer does not match a movie

Every now and then we come across a trailer that entices us to buy the tickets and watch a movie.
However the movie turns out to be a lot different then what is projected in the trailer.

This seems a lot like some Defi projects

A lot of defi projects promise a lot and paint a rosy picture. However once they have collected the money after a token sale things change quickly and some times the developers lose interest and leave,
On other occasions there is a rug pull.

Do not blindly follow the trailer

Thus it is important not to put our money blindly into a project.
We must read the reviews,

Watch the community

It is always good to see how strong is the community support for a project.
Ask and join their discord, twitter and any other social media handles as part of your research.
See if the team is interacting with the community and if they are answering the questions and resolving the queries,

The same goes for life

Sometimes the beginning is sweet but we do not see the trouble signs of a relationship.
One needs to be careful here as well and make sure that we do not blindly follow our heart.

Sports gives is a great dea to learn

A runner controls his speed in a particular round yet maintains the perspective for the whole race. Thus saving his energy and avoiding a burnout yet making sure he is following a plan that takes him towards personal improvement and winning the race.

In the end be it sports, life, love or investment it ha to be a matter of the mind prevailing over the heart.
Though this is a case we realise too late and have already suffered.
Stay safe and stay Happy
Chao!



0
0
0.000
2 comments
avatar

DeFi is a game changer but rug pulls are like the bad apples that can shake the investor confidence. There is a solid case for building a mechanism to weed them out.

0
0
0.000