1. The Breeding Ground of Illusions: You have never truly understood this market
The cryptocurrency market is the most sophisticated wealth meat grinder of the 21st century, wrapped in a sugary coating of decentralization, but its core flows with the blood of primitive capital. Every retail investor entering the altcoin market prides themselves on being an 'investor,' but in reality, they are naked prey wandering into a tropical rainforest. Do you think the candlestick chart represents technology, consensus, or the future? No, it's just a trap woven by whales who have positioned themselves in advance using algorithms and chips. You worship the obscure terms in the white paper, yet you know nothing about who the project team is, whether the code is open-source, or the token distribution ratio—this ignorance is not accidental; it is the standard attire of a gambler.
2. Risk? You can't even see the shape of risk
Shorting or going long on altcoins is essentially trying to fight quantum physics with elementary school math. Do you think a 50% drop is 'the bottom,' and a threefold increase is a 'bubble'? The market will never act according to your script. Among the altcoins listed on exchanges, 90% of the liquidity is controlled by less than 10% of the addresses. A single on-chain transfer can bring the price to zero, and a single tweet can evaporate market cap—and you haven't even tracked the project's Twitter account. Risk is never about volatility numbers, but rather your loss of control over your own fate: you are not betting on assets; you are betting on others manipulating emotions like puppets on strings.
3. The Abyss of Cognition: You don't even know where you went wrong
Retail investors constantly repeat two fatal mistakes: first, equating short-term price fluctuations with value logic; second, self-medicating with survivor bias. You see the legend of a certain altcoin 'soaring a hundred times,' but selectively ignore that 99% of the tokens behind it have become zombie chains. Do you think a stop-loss order can protect you? In the moment the exchange's server crashes, your position has long since become a cold dish on the dealer's table. Ironically, you can't even distinguish the impact of 'market cap,' 'circulating supply,' and 'unlocking period' on price, yet you dare to bet real money on direction—this is not investing; it's waltzing blindfolded in a minefield.
4. The Manipulator's Carnival: What you think is a game is merely a footnote to the script
The cryptocurrency market is an ATM for the few and a shredder for the many. The project team, market makers, and exchanges form a triangle of power; they control token issuance, order book depth, and listing rules, while you can't even query on-chain data. When they pump the price, you are the fuel for their FOMO (fear of missing out); when they dump the price, you are the sacrificial offering for their liquidity recovery. Do you think you're 'buying the dip'? That is merely the dealer's last smile before offloading. The real rules are never written in the white paper but are hidden in dark pool trading and OTC counters—and you haven't even read the terms on the back of the ticket.
5. The Survival Rule of the Sober: Refuse to be the denominator of statistics
In this market, the only thing that can protect you is not technical analysis, not insider information, but a ruthless awareness of yourself: acknowledging that you are at the bottom of the information chain, recognizing that your emotions are being precisely targeted, admitting that every transaction lowers your chances of winning. Real risk control starts by discarding leverage, uninstalling contract software, and blocking 'wealth password' group chats. If you still insist on participating in this game, at least learn to treat altcoins with the same caution you would a poison: do not lick, do not taste, only touch with chips you can fully afford to lose—but history shows that most people will ultimately succumb to the temptation.
The market doesn't need martyrs; it only needs survivors
Cryptocurrency will not disappear, but ignorant gamblers are doomed to be iterated out. The next time your finger hovers over the trading button, remember: the sharpest scythe in this market is never the dealer, but your blindness to your own cognitive deficiencies. Either exit completely or study each token with the rigor of researching an atomic bomb—there is no middle ground, only the buried corpses of retail investors.