In the cryptocurrency world, there is a phenomenon called collective self-destruction. For example, when Elon Musk tweeted and changed Twitter's logo from the little blue bird to a dog, the crypto community erupted and rushed to buy the dog-themed coin. Musk secretly enjoyed it and quietly sold 450 million Dogecoin, leaving retail investors to pick up the pieces. A world-famous trademark, with a brand value of over a hundred million, cannot just be changed at will. Indeed, the next day, Musk changed the dog back to the little blue bird, and Dogecoin plummeted, leaving those who traded contracts in a dire situation. A mere bluff, relying solely on hype will lead to self-destruction.
As the Starship launched, retail investors thought this time they could finally get rich overnight and rushed in. Unexpectedly, the rocket froze and delayed its launch, leaving the retail investors trapped at the peak.
Retail investors are like ants, while the big players are like elephants. Ants always think that unity is strength, but this way of thinking is truly misguided; the more coins retail investors concentrate their holdings on, the more likely they are to lose. A single ant doesn’t weigh much, but when there are many ants, they become a meal for the big players. Anyone who shouts together in the group to rush in will invariably end up losing.
The essence of the capital market is a game of wits and courage between retail investors and big players, a game where money is the cost, similar to cat-and-mouse. Big players aim to make retail investors suffer. If retail investors all made money, wouldn't the big players have to go hungry? Do they really think retail investors can defeat the big players? Yes, the pigs think the same way. Looking at the cryptocurrency market, the more hope retail investors place on a coin, the more likely it is to crash, like FiL or People...
Blockchain must be combined with real economic applications to have value. In the long run, the application of coins must either serve as currency applications or as ecological technology applications; apart from these two, everything else is just air and will eventually go to zero. Currently, the essence is speculation; since it's speculation, one must train oneself to be a hunting dog, with keen instincts and insight into the market. When the slightest change occurs, one must rush in and seize the food from the big players' mouths to be considered excellent.
Learn skills, master survival techniques, and you can enjoy endless fun in the battle against the big players!!!