Over the past few years in the crypto world, my understanding of many things has been completely overturned.
Initially, I thought that opening a trading account was illegal and should be strictly regulated. But then I gradually saw through it — for some people, opening an account is as common as drinking water every day.
This phenomenon is not uncommon in the market. Some participants seem to treat the rules as a joke, manipulating prices, creating false signals, and harvesting retail investors. The reason they are so brazen is either due to regulatory vacuum or because there are already people protecting them.
How deep is the water in the crypto circle? Just look at the stories of overnight riches and overnight bankruptcies to understand. The problem is not technology; it’s human nature.
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MidnightGenesis
· 3h ago
On-chain data shows that the timing of this wave of contract deployments is quite interesting, as expected. From the code, the protective measures are indeed obvious. It is worth paying attention to the changing patterns of those deep orders.
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PermabullPete
· 3h ago
Seeing through this whole system really starts to cause hair loss, truly.
Zhuangzi drinks blood, retail investors give wealth, cycle continues.
Instead of fussing over rules, better to ask yourself why you haven't escaped yet.
Talking about human nature, what's the use? If I had known it would be like this, I might as well have just traded stocks.
Getting rich overnight and going bankrupt overnight, and experiencing countless mental breakdowns in between.
Regulatory vacuum is truly a paradise for these people, to put it plainly.
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SighingCashier
· 3h ago
Honestly, it's exhausting to see through all this.
The game played by the big players, we are always outsiders.
This is the crypto world, the logic of making quick money.
Retail investors are still studying the fundamentals, while others have already taken profits.
Human greed, there's nothing more to say.
Once regulation relaxes, all kinds of monsters and demons come out.
Every day someone says they want to cash out, it's laughable.
Rather than seeing through it, it's better to cut losses in time.
The most important thing I've learned over the years is not to trust any promises.
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ChainMaskedRider
· 3h ago
To put it simply, after a few years in, you realize that the words "rules" are essentially meaningless here.
The house is the house, there's nothing you can't see through; I've long been used to it.
Getting rich overnight or going bankrupt overnight is all part of fate; it's just a gambler's mentality.
This circle is like this; if you're alive, you have to accept it.
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CodeZeroBasis
· 3h ago
Nothing wrong with that, coming in is just a death sentence for being exploited. Look at how those people operate, it's really just like a game.
Getting rich overnight and going bankrupt overnight, it's not just a story, I've seen too many around me. Rules? Those are for retail investors to see.
That's how the crypto world is, a magnifying glass on human nature, there's nothing much to say.
My coins are down again, I'm numb.
That's why I advise newcomers not to get in unless you just want to gamble.
Seeing through but not exposing, silently losing money is the norm.
The word "escort" is said perfectly, I've seen through it long ago.
If you ask me, the underlying logic is that the whales eat retail investors, it's a matter of course.
That set of manipulation signals is played out every day, who can avoid it?
What's the use of sticking to technical analysis? A single announcement can cause a dump.
Regulatory vacuum is a gold mine, for some people.
Over the past few years in the crypto world, my understanding of many things has been completely overturned.
Initially, I thought that opening a trading account was illegal and should be strictly regulated. But then I gradually saw through it — for some people, opening an account is as common as drinking water every day.
This phenomenon is not uncommon in the market. Some participants seem to treat the rules as a joke, manipulating prices, creating false signals, and harvesting retail investors. The reason they are so brazen is either due to regulatory vacuum or because there are already people protecting them.
How deep is the water in the crypto circle? Just look at the stories of overnight riches and overnight bankruptcies to understand. The problem is not technology; it’s human nature.