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$RAVE
The house has always had two knives in its hands—one for harvesting upward, and one for harvesting downward.
Upward:
Accumulate narratives + KOL promotion + community crowdfunding + pumping = chasing uptrends at high levels to trap people,
Downward:
Accumulate narratives + short-seller distribution + releasing bad news + pumping + continuing to pump + going crazy with pumping = an all-the-way collapse of shorts
Before there is siren, in the middle there is sto, and after that there is rave
All scams are just: you know it’s a scam, but in the end, someone will still get fooled!
Let me guess how you got hooked this time:
1. Suddenly you see something strange appear on the gainers list. You know in your heart it’s meant to cut people, but you pay no attention to it.
2. Then you look again and it seems to be pumping even higher. You click in to take a look and find the candlestick chart looks unhealthy—could collapse at any moment—but you still don’t make a move, just looking around here and there. Many people get trapped, and then they start mentally working out where this thing might go.
3. It actually reaches the ideal position in your mind. Should you mess around with a little something and treat it like a lottery—what if you hit it? (It needs to be made clear here that the house will definitely let everyone see the “ideal position” it has in mind.)
4. You get trapped, and then it doubles again: “Damn it, I don’t believe you won’t go down so I can add more!”
5. It doubles again: “Jeez, this is a bear market—how high can it possibly go? It’s bound to go to zero, so add more.”
6. Your position keeps getting heavier and heavier, and you never leave your device and never take your eyes off the order book. “Hey~ come on, explode already!”
In reality, they’re nothing more than constantly luring your greed. As long as you step into the game, as long as you’re a contract trader, 99% of people will definitely lose.
They exploit information asymmetry to create cognitive bias, lure your luck and greed, and pull you into the abyss.
So there’s a saying: a gentleman does not stand under a dangerous wall. When you stare into the abyss, the abyss is also staring back at you!
Don’t think you’re so smart—after all, we’re just leeks. What’s most terrifying is that after the fact, whoever made huge money on a project like this gets amplified endlessly, and that’s what makes you not enter this time—then you’ll definitely enter next time too.
The above content may cause discomfort to those who suffer losses—please understand.
#Gate广场四月发帖挑战