Thinking about the Crypto Market: Who is Really the "Scammer"?

The cryptocurrency market, or crypto, has long been a playground full of opportunities, but also full of risks. However, there is one thing that always makes me uncomfortable: why when the price increases by 200%, 400%, everyone cheers as if they have just won the lottery, but as soon as it drops by 30%, they turn around and call it a "scam"? This is not a proper and fair way of looking at it.

  1. Look at the whole, not just a part The crypto market doesn't always go up, but have you ever looked back? Despite the occasional downturns, the overall profits that the market brings to long-term participants often far exceed the losses. A 30% drop after a strong rally is not a 'scam,' but a normal part of the market cycle. Do you see any market without cycles? Real estate, stocks, even gold prices - all have their ups and downs. So why do you scream "market manipulation" when crypto prices fall? Instead of blaming others, ask yourself: "Have I prepared enough knowledge and strategy? Or am I just chasing quick wealth?"
  2. Greed and Ignorance are the Greatest Enemies Many people participate in the market with unrealistic expectations: "I will multiply my account by 10, by 50 in a few days." But you have forgotten that those who are truly successful in crypto are not the greedy ones. They are the ones who understand that: Investing requires a long-term strategy: Big winners usually buy at the bottom and patiently wait for years. No one gets rich solely by luck: You can't rely solely on luck without knowledge or skills. When the market declines, those who suffer losses are often those who use excessive leverage or jump into futures contracts without fully understanding the mechanism. Large losses are not due to the market being a "scam", but because you don't know how to play safely.
  3. "Whale" Is Not the Villain Many criticize the "whales" - large investors who have the ability to manipulate the market - when they cause price fluctuations. But think carefully: what would the market be like without them? They help eliminate irresponsible investors, those who FOMO without knowledge. They keep the market more stable in the long run, although their actions may seem "ruthless" at times. The crypto market is not a playground for lazy or dreamy people. If you participate with the mentality of getting rich quickly, you are making yourself an easy target for the "whales".
  4. Opportunities Only for Patient and Knowledgeable People Crypto offers great opportunities - but not for everyone. It is only for those people: Understand that the market has cycles of growth and decline. Know how to manage risks, avoid greed, and not chase after temporary fads. Be ready to learn, research, and invest time to understand how the market operates. These people do not panic when the market adjusts, as they know it is an opportunity to buy more at a low price. Meanwhile, those lacking knowledge often only know how to complain and blame.
  5. Who Is the Real Scammer? After all, you should ask yourself: is the market really a "scam", or are you the one deceiving yourself? The market always follows the law of supply and demand, not something to "scam" anyone. It is you, with greed and ignorance, who harm yourself. Remember that: investing is not gambling. If you want to make money quickly without putting in the effort, buy a lottery ticket. Crypto is not for the impatient and only focused on instant profits. Conclusion: If you want to succeed in crypto, learn to master emotions, patience, and accumulate knowledge. Otherwise, this market will soon "eliminate" you. And when that happens, accept that it's not the market's fault, but your own fault. DYOR! #Write2Win #Write&Earn $BTC {spot}(BTCUSDT)
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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VertexLivevip
· 2024-12-21 05:50
😊😊You have to be prepared for both growth and decline.
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