In the crypto world, there's often an interesting phenomenon: collective self-destruction. For example, when Musk tweeted and changed the Twitter logo to the Dogecoin dog, the crypto community erupted, and everyone rushed in to buy Dogecoin. But what did Musk do? He quietly sold 450 million Dogecoins, leaving retail investors as the ones left holding the bag. The next day, Musk changed the logo back to the little blue bird, and the price of Dogecoin plummeted, leaving retail investors who had opened contracts as cannon fodder.
This phenomenon reminds us: a mere distraction, relying solely on tips or blindly following trends will inevitably lead to self-destruction. Just like the Starship launch, many small investors rushed into the market with fantasies of 'getting rich overnight,' only to find that the rocket launch was delayed due to technical issues, and they were once again trapped at high points.
The essence of the crypto game is essentially a battle of wits and courage between retail investors and market makers. Market makers control the market through information and capital, while retail investors often make decisions amidst waves of fluctuating emotions. Market makers are like the 'giant elephants' of the market, while retail investors are like ants. The ants think that by charging together, they can amplify their strength, but in reality, concentrated holdings by retail investors can easily become 'food on the table' for the market makers. Those who shout 'let’s go!' together in groups ultimately cannot escape the market's cleansing.
Moreover, the coins that retail investors blindly chase often suffer the worst declines, such as FiL and People, and the higher the expectations of retail investors for a coin, the more likely it is to plummet.
To establish a foothold in the crypto world, one must understand that the true value of blockchain comes from its integration with the real economy. In the long run, coins must either be used as currency or serve as technical ecosystems; everything else is just air and will eventually go to zero. Right now, the essence of the crypto world is 'speculation.' Since it's speculation, one must train oneself to become a hunter, possessing keen instincts and insights into the market, capturing market trends and snatching opportunities before the market makers.
So, learning skills and mastering survival techniques are essential to navigating the game with market makers.
Remember, a bull market has its strategies, and a bear market has its ways to play. Do not blindly risk liquidation, nor blindly open positions. Only by being steady and striving for victory in stability can one reap rewards in the crypto world, walking alongside those who truly understand the market.
