In the past, I also thought this market was very simple: sharks just needed to press a button, the price would plummet, and small investors like me would cut losses, while they would feast, getting more coins and lowering their cost basis. But after many bumps, I finally understood: sharks do not steal chips, they exchange chips.

My Blood Wash Cú

There was a time I held a coin worth 1 USD. Seeing the price drop sharply, I fearfully sold it. Meanwhile, my friend confidently 'caught the bottom' at 0.8 USD. I was so annoyed, thinking he was smarter than me.

Who would have thought, a few days later, the shark pushed the price back up to 0.95. My friend was delighted to take a 10% profit, selling everything to the market. But guess who bought it back? It was still the shark.

Result:

  • I lost my assets at a low price.

  • My friend thought he made a profit, but in fact, he returned cheap chips back to the sharks.

  • And the sharks? They didn't increase their coins, but pocketed more USDT, while the cost price for both my friend and I... was higher than before.

Lessons Learned

Looking back, the blood washing trick is not to gather coins, but to gather the costs of the small players.

  • Those who buy cheap become the ones who buy expensive.

  • Those who once intended to sell are 'locked in', not daring to move anymore.

  • And when the selling pressure gradually thins, sharks just need to lightly push the price, a small green candle is enough to make the whole crowd FOMO jump in to fight for buying at the top.

Hard-Earned Experience

Since that time, I remind myself: don't think buying at the bottom is wise, don't think sharks are giving out 'free gifts'. In fact, they are 'trading' your position.

  • You think 10% profit, but actually it just helped them 'clean up' the market.

  • You think holding coins at a good price, but in reality, you are pushed into a new chicken, holding a higher cost price.

👉 In crypto, survival is not about quickly buying at the bottom, but about understanding the game: sharks don't need more coins, they just need you to spend more capital.