If the funding rate could drop a little more, I would definitely enter a short order. But what happened? The rate has been hanging there, and my order hasn't executed a single cent.
What's even more disgusting? The market makers draw the K-line themselves to play. In the middle of the night when there are hardly any people watching the Asian market, suddenly a long upward wick appears, and then it plummets down. This kind of obvious malicious operation, isn't anyone able to manage it?
I haven't actually lost money on this coin, but I can't stand this kind of play. As retail investors, we can accept losing bets, but we shouldn't be so blatantly robbed! Whose money isn't hard-earned? Using loopholes in the mechanism to harvest retail investors, and then shutting us up with phrases like "if you can't afford to play, don't play"?
I now seriously suspect that most of the sell orders during this wave of sell-off were eaten back by the manipulators themselves. In simple terms, it's like transferring from the left hand to the right hand: placing buy orders at the bottom, then crashing their own market to bring the price down, sweeping away all the stop-losses of retail investors.
For this kind of coin that rises and then crashes, whoever opens an order is out of luck. I had a feeling it would be like this before, which is why I didn't dare to touch it.
Don't be dazzled by high volatility; this coin isn't that easy to profit from. I judged it to be bullish at 2.2 and was waiting to short above 5.2, and I basically guessed the trend right, but what good did it do? I didn't open a single order.
I can still make some analysis and judgments about the market, but most retail investors simply do not have this ability. I do not have any respect for the market now; it's pure skepticism—except for mainstream coins like BTC and ETH, other altcoins basically have to resort to deception to maintain their popularity.
So you want to talk K-line technology with me about this coin? Nonsense. It's all about guts, luck, and vision. I have none of the three, so I won't touch it.
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GmGmNoGn
· 9h ago
It's too disgusting to switch from the left hand to the right hand; retail investors are just treated like ATMs.
View OriginalReply0
GamefiGreenie
· 9h ago
With the rates hanging like this, the market maker is just shifting from one hand to the other, and we retail investors have truly become an ATM.
View OriginalReply0
MoonWaterDroplets
· 9h ago
The market maker's trick of shifting from left hand to right hand is truly brilliant; retail investors are just stepping stones.
If you ask me, apart from mainstream tokens, don't touch anything else, really.
The fees are so high that they won't let you enter a position; this tactic is too dirty.
What good does it do to see the right direction? The orders simply can't be placed, it's purely disgusting.
Alts are just gambling; the technicals are nonsense, all depends on the market maker's mood.
Me too, I would rather hold a short position waiting for opportunities than play this heartbeat game with such coins.
View OriginalReply0
InscriptionGriller
· 9h ago
I've seen through this trick of switching from left hand to right hand; it's just a different disguise to keep playing people for suckers.
View OriginalReply0
AlphaBrain
· 9h ago
Switching hands, this trick is played out, retail investors are just being harvested as suckers.
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The fee is stuck, just waiting for people to enter the trap, seeing through it makes it less interesting.
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Got 2.2 right and also guessed 5.2 correctly, but in the end, not a single order was executed, that's the most heartbreaking.
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Besides Mainstream Token, don't think about anything else, it's just a self-entertainment party for market makers.
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In the middle of the night, long wick candles dumping, does anyone really manage this kind of chaotic operation?
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I suspect that most of those sell orders went back into the market maker's own pockets, even robbers wouldn't rob like this.
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Don't talk to me about technical aspects, it's all about luck, and I have none of these three, lying flat is the most comfortable.
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If I haven't lost, I can't stand it, this kind of play is too disgusting.
View OriginalReply0
Token_Sherpa
· 9h ago
honestly this reads like classic ponzinomics wrapped in market maker theatrics. the funding rate trap, the wick hunting at 3am when retail's sleeping—it's just velocity manipulation 101. they're literally designing incentives to extract liquidity from people who can't afford to be wrong. unsustainable tokenomics meeting predatory order flow. ngl kinda predictable once you've seen it a few times.
If the funding rate could drop a little more, I would definitely enter a short order. But what happened? The rate has been hanging there, and my order hasn't executed a single cent.
What's even more disgusting? The market makers draw the K-line themselves to play. In the middle of the night when there are hardly any people watching the Asian market, suddenly a long upward wick appears, and then it plummets down. This kind of obvious malicious operation, isn't anyone able to manage it?
I haven't actually lost money on this coin, but I can't stand this kind of play. As retail investors, we can accept losing bets, but we shouldn't be so blatantly robbed! Whose money isn't hard-earned? Using loopholes in the mechanism to harvest retail investors, and then shutting us up with phrases like "if you can't afford to play, don't play"?
I now seriously suspect that most of the sell orders during this wave of sell-off were eaten back by the manipulators themselves. In simple terms, it's like transferring from the left hand to the right hand: placing buy orders at the bottom, then crashing their own market to bring the price down, sweeping away all the stop-losses of retail investors.
For this kind of coin that rises and then crashes, whoever opens an order is out of luck. I had a feeling it would be like this before, which is why I didn't dare to touch it.
Don't be dazzled by high volatility; this coin isn't that easy to profit from. I judged it to be bullish at 2.2 and was waiting to short above 5.2, and I basically guessed the trend right, but what good did it do? I didn't open a single order.
I can still make some analysis and judgments about the market, but most retail investors simply do not have this ability. I do not have any respect for the market now; it's pure skepticism—except for mainstream coins like BTC and ETH, other altcoins basically have to resort to deception to maintain their popularity.
So you want to talk K-line technology with me about this coin? Nonsense. It's all about guts, luck, and vision. I have none of the three, so I won't touch it.