When Everyone Is Chasing the Same Get-Rich-Quick Dream
Recently, the BSC chain has gone absolutely crazy. Shitcoin projects are springing up like mushrooms after the rain—one token does 100x today, another 1,000x tomorrow. Stories of “all-in before bed, wake up financially free” are everywhere in group chats and friends’ circles.
You’ve probably seen those screenshots—someone turned a few thousand into millions, a project pumped 500x in three days. These stories spread virally on social media, and every day a new “wealth creation legend” is born. After seeing so many, you start to itch: Why can’t it be me?
So more and more people stop researching fundamentals, stop caring about the secondary market, and only think about finding the next 100x coin. But few pause to ask the key question: Where is the money in this market actually coming from?
For Every Winner, There’s a Loser—That’s the Iron Law
The crypto market is not a money-printing machine. Every dollar you make is money someone else lost.
Behind those insane pumps, the 80/20 rule always applies—20% of people take 80% of the money, while the remaining 80% are left holding the bag for the early entrants. The “get rich” screenshots you see are either insider trades by the project team or selective sharing of wins while hiding the losses.
Why create this kind of atmosphere? Because new retail investors need to keep coming in.
The real smart money has long since stopped playing this game. While retail traders are still chasing shitcoins, institutional funds have already quietly exited, moving most of their positions back to BTC and ETH—assets with deep liquidity and high certainty. They might leave a small amount to keep playing, but their core positions have already shifted.
By the time the average player catches on—when their “golden dog” turns into a “dead dog” and they try to chase mainstream coins—it’s usually the end of the cycle. And those who actually made money on shitcoins? They’ve already swapped their tokens for Bitcoin and Ethereum.
Who Are the Real Winners?
Institutions, KOLs, and “Scientists.”
It’s a complete profit chain:
Institutions launch tokens and hype them – A top exchange acts as the market maker, holding the most platform tokens, pumping prices to create buzz and make the entire ecosystem the center of attention.
KOLs (Key Opinion Leaders) promote – Hundreds of coins can launch in a day, often run by the same group. They track big influencers on Twitter, leeching off their heat. When a project takes off, KOLs swarm in.
“Scientists” frontrun – Using tools to get in early, so by the time retail sees the news, the price has already 100xed.
Retail buys the top – The last to enter are ordinary people, who end up holding the bag for insiders.
Don’t believe in “fair launches.” If a regular person launches a token, even if it catches a trend, without KOL backing, no one will notice.
Sure, a few retail investors catch the wave and make some money, but project teams aren’t afraid of you winning once—they’re afraid you win and then leave. Most people will reinvest their winnings into the next project, and eventually lose it all on some coin that goes to zero.
In the end, you find your hard-earned shitcoins are worthless, and all the money has turned into Bitcoin and Ethereum in someone else’s wallet.
The True Nature of This Game
Ultimately, this is an intricately designed wealth transfer game.
Imagine if the crypto space keeps developing like this—what future is there? When Wall Street institutions come in and see this mess, they’ll be furious.
The whole process is expertly crafted:
Pump prices to create focus → make the ecosystem the hottest topic
Fabricate get-rich-quick legends → stories of turning thousands into millions spread everywhere
KOLs hype in unison → create the illusion that “anyone can get rich”
Sell at the top with precision → pass the bag to the last entrants
As a retail investor, you have neither a technical edge nor insider info, so why do you think you can win?
The Truth About Wealth
Real wealth is never built overnight.
Those who achieve financial freedom have usually endured several bull and bear cycles—developing their understanding through volatility, and sticking to their convictions at the bottom. Bitcoin and Ethereum—these mainstream assets—are the only real long-term stores of value.
Instead of going all-in on shitcoins and gambling with your life, you’re better off steadily investing in assets with real value.
Meme coins might bring you some pocket money, but those “10x, 100x get-rich-quick” stories will always only belong to a tiny minority. Most people will lose everything in this game. And even if you do make a windfall on a project, if you’re not prepared for that wealth, you’ll eventually lose it all through your own mistakes.
Final Thoughts
Right now, the BSC wealth-making myth has reached its peak, and the next bagholders might already be lining up.
When this shitcoin craze passes, the market will most likely refocus on mainstream assets. The next phase will probably not be about shitcoins on random chains, but about Bitcoin and Ethereum.
I can’t tell everyone to stop playing—after all, blocking someone’s path to money is like killing their parents. I just hope you keep your head, and don’t lose your mind.
Remember this: There are always opportunities in the market, but you only have one pot of capital.
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.
16 Likes
Reward
16
6
Repost
Share
Comment
0/400
WhaleSurfer
· 21h ago
Wake up, it's just another self-hypnosis conference for bag holders. I've said it before, shitcoins are just an assembly line for fleecing retail investors.
Honestly, those screenshots showing 100x or 1000x gains—nine out of ten are either Photoshopped or the results of early airdrop farmers. What happens to regular people who join in? To put it bluntly, they're just waiting to be slaughtered.
That's always how it is in crypto: for someone to make money, someone else has to go broke. It all depends on how unlucky you are.
In my opinion, instead of dreaming about getting rich overnight, it's better to seriously research the sector. Unfortunately, most people just don't have the patience for that.
But to be fair, I do admire the courage of those willing to go all in—just their courage, though, haha.
View OriginalReply0
GasFeeCrier
· 21h ago
Here we go again? Is this for real? How many people go all-in before bed and wake up bankrupt?
View OriginalReply0
OldLeekNewSickle
· 21h ago
To put it bluntly, it's just a Ponzi scheme—early participants profit from those who join later, and the cycle repeats itself. I won't pretend otherwise; I'm just looking to bet on the next entry point. But looking at the distribution of chips... forget it, I'll just wait and see.
View OriginalReply0
StealthDeployer
· 21h ago
Still dreaming about getting rich with meme coins? Wake up, everyone.
The truth is, nine out of ten screenshots you see of 100x coins are just trying to lure you in.
It's a game for bag holders—if you haven’t played before, don’t expect to make quick money.
View OriginalReply0
FastLeaver
· 21h ago
Here comes another story of a shitcoin rug pulling retail investors. Every time, someone claims they turned a few thousand into millions, and I just laugh—anyone who believes that is a fool.
---
Damn, someone’s bragging in front of me again about a shitcoin mooning. Do they really think I’ve never lost before? I’m totally numb to it now.
---
So I’m the only one who missed that wave. All I see is people posting crazy screenshots in their Moments—so annoying.
---
To be honest, I’ve seen through the tricks of this market long ago. For someone to make money, someone else has to hold the bag. The problem is, you never know if you’re the one making money or the one losing it.
---
There are new shitcoin projects popping up every day—100x today, rug pull tomorrow. I really can’t keep up anymore.
---
All-in before bed, wake up bankrupt. That’s exactly what happened to my classmate. Now he doesn’t even dare bring it up.
---
I basically don’t touch anything on BSC anymore. You can spot a scam project right away, plus the costs are high.
---
Those braggy screenshots—just stop. Anyone who really made money is already out. The ones still talking are all shills.
---
Want to know where the money comes from? Just ask the project team. They’re the ones making the real money.
View OriginalReply0
WealthCoffee
· 21h ago
Those people who go all-in before bed really need to calm down. There’s no such thing as a free lunch.
Talking about 100x or even 1000x returns like it’s real—if it were that easy, why wouldn’t they quietly make money themselves?
The story of bag holders keeps repeating, only the faces change.
I’ve seen those screenshots too, but I never believe them, because people who actually make money don’t post about it on social media.
Behind the BSC Shitcoin Wealth Creation Myth: Who's Making Money and Who's Left Holding the Bag?
When Everyone Is Chasing the Same Get-Rich-Quick Dream
Recently, the BSC chain has gone absolutely crazy. Shitcoin projects are springing up like mushrooms after the rain—one token does 100x today, another 1,000x tomorrow. Stories of “all-in before bed, wake up financially free” are everywhere in group chats and friends’ circles.
You’ve probably seen those screenshots—someone turned a few thousand into millions, a project pumped 500x in three days. These stories spread virally on social media, and every day a new “wealth creation legend” is born. After seeing so many, you start to itch: Why can’t it be me?
So more and more people stop researching fundamentals, stop caring about the secondary market, and only think about finding the next 100x coin. But few pause to ask the key question: Where is the money in this market actually coming from?
For Every Winner, There’s a Loser—That’s the Iron Law
The crypto market is not a money-printing machine. Every dollar you make is money someone else lost.
Behind those insane pumps, the 80/20 rule always applies—20% of people take 80% of the money, while the remaining 80% are left holding the bag for the early entrants. The “get rich” screenshots you see are either insider trades by the project team or selective sharing of wins while hiding the losses.
Why create this kind of atmosphere? Because new retail investors need to keep coming in.
The real smart money has long since stopped playing this game. While retail traders are still chasing shitcoins, institutional funds have already quietly exited, moving most of their positions back to BTC and ETH—assets with deep liquidity and high certainty. They might leave a small amount to keep playing, but their core positions have already shifted.
By the time the average player catches on—when their “golden dog” turns into a “dead dog” and they try to chase mainstream coins—it’s usually the end of the cycle. And those who actually made money on shitcoins? They’ve already swapped their tokens for Bitcoin and Ethereum.
Who Are the Real Winners?
Institutions, KOLs, and “Scientists.”
It’s a complete profit chain:
Don’t believe in “fair launches.” If a regular person launches a token, even if it catches a trend, without KOL backing, no one will notice.
Sure, a few retail investors catch the wave and make some money, but project teams aren’t afraid of you winning once—they’re afraid you win and then leave. Most people will reinvest their winnings into the next project, and eventually lose it all on some coin that goes to zero.
In the end, you find your hard-earned shitcoins are worthless, and all the money has turned into Bitcoin and Ethereum in someone else’s wallet.
The True Nature of This Game
Ultimately, this is an intricately designed wealth transfer game.
Imagine if the crypto space keeps developing like this—what future is there? When Wall Street institutions come in and see this mess, they’ll be furious.
The whole process is expertly crafted:
As a retail investor, you have neither a technical edge nor insider info, so why do you think you can win?
The Truth About Wealth
Real wealth is never built overnight.
Those who achieve financial freedom have usually endured several bull and bear cycles—developing their understanding through volatility, and sticking to their convictions at the bottom. Bitcoin and Ethereum—these mainstream assets—are the only real long-term stores of value.
Instead of going all-in on shitcoins and gambling with your life, you’re better off steadily investing in assets with real value.
Meme coins might bring you some pocket money, but those “10x, 100x get-rich-quick” stories will always only belong to a tiny minority. Most people will lose everything in this game. And even if you do make a windfall on a project, if you’re not prepared for that wealth, you’ll eventually lose it all through your own mistakes.
Final Thoughts
Right now, the BSC wealth-making myth has reached its peak, and the next bagholders might already be lining up.
When this shitcoin craze passes, the market will most likely refocus on mainstream assets. The next phase will probably not be about shitcoins on random chains, but about Bitcoin and Ethereum.
I can’t tell everyone to stop playing—after all, blocking someone’s path to money is like killing their parents. I just hope you keep your head, and don’t lose your mind.
Remember this: There are always opportunities in the market, but you only have one pot of capital.