Is "No Docs, No Problem" Ever a Smart Move with Anonymous Devs?

I keep seeing this idea pop up in airdrop and memecoin circles lately. You know, the whole “devs are anon but based, so who needs a whitepaper?” mindset. On one hand, some of the biggest plays have come from anonymous teams that just delivered. The community vibe and the team’s rep on CT can feel solid. But on the other hand, it feels like you’re betting purely on vibes and hype, with zero real insight into the tokenomics or long-term plan. For those of you who flip NFTs and chase alphas, have you found this to be a strategy that works more often than it burns you? Or is skipping the docs just an easy way to get rekt?