There are no new people (idiots) coming in. They are all cutting each other in the circle. Now it is convenient to issue coins. You can issue coins by yourself.

The coin circle is originally a bubble without any value support. It is a game of passing the flower. It depends on how far it can be passed. It is similar to pyramid selling. The people behind are the exit liquidity of the people in front.

However, the motivation for joining the market comes from the myth of getting rich quickly. What I heard in 21 years is that a certain coin pattern made tens of millions in half a year.

Now the stories are all about making 1 million in 1 minute, tens of millions in 3 days, and then the coin basically returns to zero. Whose money is it?

Group members.

After all, money will not appear out of thin air here. Group members have become short-term exit liquidity, so no one has a long-term pattern, so it has become pvp.

The smaller the circle, the more obvious it is, especially the dog and nft circles, which are just a competition of who can run faster.

And now the ecological niches that are cut are getting higher and higher. At first, they cut retail investors, then cut kol rounds, and now they are starting to cut institutions.

As long as you speculate in coins, either you cut people or others cut you.

So take advantage of the airdrops and hoard coins. The risk is low. Sell them as soon as they are launched. Hoarding Bitcoin is the best choice. Bitcoin is awesome.

If you don’t believe in Bitcoin, just exchange it for RMB. RMB is the most stable because its value is supported by the world’s largest economy and the world’s third largest army.