The unchanging logic of the Ponzi scheme:
1. Boost the stock market: First, boost the stock market to allow a few people to profit.
2. Create public opinion: Create a public opinion atmosphere so that more people can also profit.
At this time, some small investors try to enter the market to confirm the profit potential of the market.
3. Increase investment: Investors gradually increase their chips, invest all their efforts, and even use leverage.
4. Start harvesting: The main institutions begin to harvest profits.
5. Retail investor confidence: Retail investors believe that the market is only a temporary correction, and continue to increase their positions in the hope of a rebound.
6. Continued decline: Prices continue to fall, and losses of -40%, -60% or -80% may occur.
7. Tragic ending: Investors face huge losses, family breakdown, and some even choose to commit suicide.
8. Cycle repetition: The above process is repeated again, forming a vicious cycle.
