Hype Is the Most Dangerous Asset I’ve Ever Bought
I fell for two hype-driven crypto projects — not because they were obvious scams.
But because I didn’t ask the right questions at the right time.
Helium Network | Deeper Network | real experience
Many people discover crypto mining through hype-driven content promising easy passive income. Search queries like “crypto mining profitability, “Helium mining earnings,” or “is crypto mining still profitable” often lead to optimistic scenarios that ignore declining rewards, liquidity risks, and long-term sustainability.
This doesn’t mean it’s impossible to earn in crypto. It means profits usually come from careful research, risk management,
and understanding where the returns actually come from.
Social media algorithms show you exactly what you want to believe. And it feels convincing — right until you actually run the numbers.
How algorithms sell us the “perfect truth.”
My feed slowly filled with videos like: “Buy a $500 miner and earn $200 in pure profit every month.” At the time, I was inexperienced and didn’t dig deep enough.
Everything looked clean and logical. People talked about the present — but almost no one talked about the future: where the money comes from and what happens when the hype fades.
What actually happened
I ended up buying two miners — one for Deeper and one for Helium. At peak demand, I waited almost six months just for them to be manufactured.
Surprise: the Deeper miner didn’t start earning automatically.
To enter the mining pool, I had to pay an additional 1000 tokens.
| Investment | Income now | Time running | Payback |
| ~$2000 | ~$5/month | 4 years | unlikely |
Both miners are still running — but the numbers speak for themselves.
Principles I didn’t understand back then
- Money doesn’t come out of thin air. If the model isn’t clear, that’s a red flag.
- Liquidity matters more than technology. Mining is useless if no one wants the coin.
- Mining often looks like a gold rush. Sellers of shovels usually win.
- A coin needs a real product behind it. Not hype — real future demand.
- Hype collapses fast. Prices can fall from $0.12 to $0.0001 easily.
Be extremely critical. Ask uncomfortable questions.
Losing money is always easier than earning it.
Sometimes the best return isn’t profit, but the experience you never have to pay for twice.
FAQ
- Is crypto mining still profitable in 2025?
- What went wrong with Helium mining?
- Are hype-driven crypto projects risky?
- How to evaluate crypto projects before investing?