I have said before that contracts do not make money, and native dogs do not make money. Do you know why?
Contracts are not profitable not only because of the high handling fees, but also because nine out of ten bets result in losses. The number of liquidated positions on the entire network every day is astonishingly high. A few of those who went to the casino escaped unscathed.
Earth Dogs are unprofitable, not only because 99% of Earth Dogs will return to zero, but also because if you want to find potential Earth Dogs, it is like finding a needle in a haystack.
The reason why I feel this way is because the recent price increase list has overturned my understanding of the financial circle for more than 10 years. Let’s take a look at the top gainer today.
When more than 95% of leeks saw this picture, their first reaction was that the opportunity had come and they quickly chased the rise.
But do you know this coin, what is it used for, why does it rise, and do you know what the consequences will be after chasing the rise?
It must be stated that I do not do any promotion. I have never known this coin before.
I'm just using this market trend to express my opinion.
Let Xiaobai avoid pitfalls.
Let the leeks take shelter.
Know thyself, ever-victorious.
So, let’s take a look at the data of this coin first.
Ranked over 900, little known, with a market value of 140 million, it is not worth mentioning. A plate like this is definitely easy to pull, and it is easy to talk about.
But as retail investors, few people do detailed research, let alone check the data on the chain. You have no way to plan in advance. How do you choose among thousands of coins?
If you buy too much, think back to Luna's cruelty; if you buy too little, you won't have much money even if it skyrockets. Then, you will give up on yourself, then you will operate improperly, and then your confidence will collapse.
Do you still remember the local dog project that was widely publicized a few days ago?
What happened to the newly issued coins on the sol chain, which were listed on Binance in 3 days?
It’s not just about letting people in the primary market take profits and cash out.
Let me ask, #BOME does it disgust you?
When you are still regretting that when the primary market was issued, there were no channels, no resources, and no way to buy;
When you are still being brainwashed by all kinds of cool articles, hundreds of users enter the market, and tens of thousands of users can be realized.
When you still foolishly thought that big names from all walks of life were also attending.
The good news is, it is listed on Binance and ordinary people can buy it.
So, you have no idea, just close your eyes and enter. I want to continue the legend.
I want to get rich a hundred times. But the fact is that it has been stuck ever since.
Fake news is flying everywhere, and fake stories are running everywhere. Have you ever calmed down and thought about why storytellers are willing to let you make money? Will you give it to him?
Just like if you have seen this, even if I have a lot of useful information, you are not willing to give me a reward. Even if it is only 1U, no one is willing to pay. It is the same. This is human nature. No matter how much money you have, you are not willing to give it. Is it right?
What do people who advocate $BOME good things and release all kinds of news want to do? You say it yourself now.
Therefore, they promote the myth of Binance in 3 days, advocating that early investors enter the market with 100sol and exit with 10,000sol.
You believed it, you bought it, you lost money, and they cashed out.
Remember the words of our ancestors:
Become a human being by following the rules, and become an immortal by going against the rules. The mystery is only in the confusion.
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