The two most unreliable things in the crypto market:

1. The amount of money that projects claim to have raised from fundraising activities and investment funds — it only exists on paper and in agreements between parties, 'for the public to see for media purposes.' Almost 95% of projects cannot (or dare not) publicly disclose this cash flow.

2. The amount of money that investment funds, individual organizations, or even governments buy/sell a certain crypto asset — they do not disclose their buying or selling points, and also do not want to make it public for 'security' reasons. Meanwhile, the trading volume at that time does not record any parties buying or selling clearly. To put it bluntly: there’s no visible action!

What’s most frightening is that the masses and players take this as a standard to make buying decisions every time.

Specifically:

1: buying projects that have raised large amounts of money, large funds, and strong teams 'use this as a standard for valuation but it’s not a decisive factor, the bookmakers are very clever to exploit this.

Just look at a series of projects on coinlist from late 2021 to 2025 to know.

Market makers consider the proximity to the market as the first standard to evaluate investments and the only primary standard: we are influenced by the media and close proximity.

2: whales buy, I buy 'foolishly' to make you sit at the same table with them at the same price if that’s a truly valuable asset.