The Crypto Illusion: The Bait of the Bitcoin Dream
The analysis of the cryptocurrency market reveals an undeniable truth and, for many investors, a painful one: the overwhelming majority of the thousands of digital coins did not replicate the monumental success of Bitcoin. The reality is that only a handful of crypto assets have achieved valuations that changed people's lives and established themselves in the market.
Today, these rare success stories – with Bitcoin leading the way – serve as bait to feed the dreams of new investors. Each new cryptocurrency, the so-called altcoins, emerges with the promise of being the "next Bitcoin." This dream is actively fueled by those who truly control the market: big players, coin creators, and influencers.
The cycle is almost always the same and follows a pattern of manipulation that repeats:
The Creation of Hype: A new coin is launched with intense marketing and the promise of revolutionary technology or quick gains.
The People's Investment: Thousands of small investors, hoping for a return of 100x or 1000x (the so-called "Moon" effect), invest their capital, causing the price to rise rapidly.
The Dump: When the price reaches a strategic level – a value predetermined by the big holders (whales) – they sell their vast quantities of coins all at once or in quick waves.
The Fall and the Profit: The mass selling makes the price plummet dramatically, leaving small investors panicking and with significant losses. The big players pocket enormous profits.
This mechanism — known as "Pump and Dump" — is the backbone of many of these small cryptocurrencies. Despite the repetition of this scenario, hope does not die. The isolated success of Bitcoin is constantly used to keep the flame of the dream alive, ensuring that there are always new investors willing to enter the cycle.
The trap is simple:
How I wish I were wrong.
