$PEPE

None sold

I was busy recently and didn't watch the market trends because it will be quite boring before the interest rate cut.

I generally trade a few trend orders in a year, and most of the time I'm just lying flat. Recently, I've been bored looking at some amusing things in the crypto world.

It can be considered a bit of fun for the dull market.

I find the following things particularly confusing regarding the trend-following retail investors:

Especially good at washing out some new retail investors' capital.

As an experienced retail investor, let me explain the tricks to you.

A typical follower of a certain platform's capital, this person can be understood as a product of the platform's capital behind them. It can be understood that if this person were replaced, another could easily take their place.

Currently, it seems that buying into the hype and collaborating with various second-tier exchanges to eat up customer losses, rebates, promotional fees, and the manipulation by funds is quite common. If you want to take it seriously, you might as well not play in the crypto world. It's very likely that in the future they will issue coins to cut people off. After watching a few of their market analyses, I can only helplessly block them out.

Then there's the foreign guy James. As for whether he's a real person or a product created by a platform, he has been very active recently. If he is a person, it is evident that he collaborates with hype, crafting a persona. He exploded with 100 million in long positions and seems quite indifferent, giving a feeling of unlimited bullets. In fact, he had long prepared many hedging positions, then shared some土狗meme like Moon Pig to continue cutting people off.

The Pump platform, in truth, makes me sweat for Sol. It has really succeeded and failed with memes. This platform clearly has an internal trading team operating. They can release hundreds of internal trades in a day; I might be underestimating it. Some quick trades can be cut off within two days, or as quick as the same day. If you are slow to run, you'll be the next coin to be released. You see Ray and Boop have also created launch platforms; without such capital operations, they are now barely surviving. However, Pump's operational model of creating wealth is indeed feasible in the crypto world, while the ones following behind are obviously too honest or unwilling to imitate and manipulate multiple wealth memes to make a name for themselves. Bonk is learning; I don't know if they can learn like Pump, who is about to issue coins recently, and is really smooth in their operations.

Binance's wash trading project model is also very smooth. Currently, at least those who work hard can still receive basic support every month. To rely on wealth, one can only quantify— but will they give you that opportunity?

In short, recently these amusing incidents and amusing people keep emerging. The liquidity in the crypto world is seriously dispersed. I admit that trading cryptocurrencies now is indeed much more difficult than in the previous rounds.

I'm also grateful that I have experienced two rounds of bull and bear markets. This round really makes me worry for new entrants; making money is indeed much harder than it was during my time.