What have those retail investors in South Korea, known as the "ant tribe," been busy with in recent years? The answer may surprise many — they are frantically pouring money into the Crypto Assets market.
The operation behind this is actually quite bittersweet. Housing prices have skyrocketed, and ordinary people simply can't afford to buy a house with their normal income. The overall economic environment also leaves little hope. As a result, many young people and retail investors in South Korea have started to go all in on high-risk assets, and Crypto Assets, leveraged ETFs, and other things that sound exciting have become their lifeline.
Data speaks volumes. Over the past five years, the scale of margin loans for Korean retail investors has doubled directly. Even more exaggerated is that in crypto trading, the proportion of altcoins has surpassed that of mainstream coins. What does this mean? These individuals are not investing; it resembles gambling—instead of investing with borrowed money in those wildly fluctuating small coins, with the hope of getting rich overnight.
Ultimately, this is an adventure born out of desperation. When traditional paths are blocked, high risk becomes the only way out. However, on this road, some may turn their fortunes around, while many others may fall even harder.
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Ferdisrj
· 23h ago
Bull Run 🐂
Reply0
tokenomics_truther
· 12-01 01:45
This is a reflection of the current crypto world, where the most desperate business is the easiest to do.
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WagmiWarrior
· 12-01 01:34
This is despair, borrowing money to go all in on shitcoins and turning things around would be a miracle.
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TranTuyen1368
· 12-01 01:33
Bitcoin used to be priced at 0.006 cents per coin, can you still buy it now? Please give it some thought, it's very important. If the price stays like this forever, who will mine?
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GateUser-fb9f5605
· 12-01 01:32
wow wowwwwwwwwwwwwwww
Reply0
TranTuyen1368
· 12-01 01:32
Jump in 🚀
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TranTuyen1368
· 12-01 01:31
Bull Run 🐂
Reply0
CrashHotline
· 12-01 01:26
Borrowing money to play alts, is this what they call a "way out"? Laughable, isn't this just gambling?
What have those retail investors in South Korea, known as the "ant tribe," been busy with in recent years? The answer may surprise many — they are frantically pouring money into the Crypto Assets market.
The operation behind this is actually quite bittersweet. Housing prices have skyrocketed, and ordinary people simply can't afford to buy a house with their normal income. The overall economic environment also leaves little hope. As a result, many young people and retail investors in South Korea have started to go all in on high-risk assets, and Crypto Assets, leveraged ETFs, and other things that sound exciting have become their lifeline.
Data speaks volumes. Over the past five years, the scale of margin loans for Korean retail investors has doubled directly. Even more exaggerated is that in crypto trading, the proportion of altcoins has surpassed that of mainstream coins. What does this mean? These individuals are not investing; it resembles gambling—instead of investing with borrowed money in those wildly fluctuating small coins, with the hope of getting rich overnight.
Ultimately, this is an adventure born out of desperation. When traditional paths are blocked, high risk becomes the only way out. However, on this road, some may turn their fortunes around, while many others may fall even harder.