What is the most common way to die in the crypto world? Want to get rich overnight but didn't lay a good foundation. To be honest, this market has never been a charity, and relying on luck won't last long.
I'll just point out the pitfalls that many people have fallen into.
**Pitfall 1: Being blinded by delayed information**
You always hear "whales are building positions"
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ser_we_are_early
· 13h ago
Really, those who chase the wind and listen to rumors die the fastest. I've seen too many.
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¯\_(ツ)_/¯
· 16h ago
This is true. Among the people I know, eight out of ten have died this way.
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Ser_APY_2000
· 16h ago
Really, those chasing the hot trends die the fastest. I've seen too many.
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Lagging information? Ha, that's the standard routine for cutting leeks.
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Wanting to get on board without a foundation? You deserve to be harvested.
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Listening to big players building positions makes you a bagholder. Don't ask me how I know.
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The dream of getting rich overnight kills people. Wake up, everyone.
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This market is just a casino; information asymmetry is the real killer.
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The only trap is greed; everything else is its grandson.
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SwapWhisperer
· 16h ago
Lagging information? Bro, I was completely wiped out by this thing. I followed the big players' buildup directly, and then they had already exited.
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rugged_again
· 16h ago
Really, if you get "cut" and ask why, it's all because of information asymmetry. By the time you hear about big players building positions, they've already started pushing the price up.
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governance_ghost
· 17h ago
Listening to the big players building positions is the way to go; information gaps can be deadly.
What is the most common way to die in the crypto world? Want to get rich overnight but didn't lay a good foundation. To be honest, this market has never been a charity, and relying on luck won't last long.
I'll just point out the pitfalls that many people have fallen into.
**Pitfall 1: Being blinded by delayed information**
You always hear "whales are building positions"