Are the cryptocurrency and stock markets a Ponzi scheme?
1. First, push up the stock market so that a few people can make money.
2. Hype public opinion, and let the leeks try with small funds first to confirm that they can make money.
3. Small investors increase their chips, all in, and increase leverage.
4. The main force starts to sell and harvest the leeks.
5. Retail investors firmly believe that it is just a technical correction and continue to increase their positions.
6. -40%, -60%, -80%, keep falling.
7. Wife and children are separated, and jump off the building.
8. Repeat 1-7 again