A familiar routine operation method, a must-watch for new investors!!!!
A bull market is a game of hunting, with the big players as the hunters and retail investors as the prey:
First, they pump Bitcoin to activate the market, then they pump some tokens on-chain to attract retail investors with 100X and 1000X gains.
By the time everyone has swapped their USDT for altcoins locked on-chain, the big players have also sold out their inventory on-chain.
At this point, the big players start pumping the secondary market: today it’s double, tomorrow it’s triple, how can retail investors withstand this?
They have no choice but to cut losses on-chain and chase the secondary market. At this moment, the big players give you the secondary market tokens back, taking your chips for cutting losses on-chain, deceiving you.
After the handover, the big players pump the on-chain tokens again. Retail investors see that they just sold and it’s flying, and in a fit of emotional loss, they will cut losses on the secondary market and rush back to the on-chain...
After a few rounds like this:
Retail investors are left holding altcoins.
The big players are left holding USDT.
The bull market ends......!!!
I hope in the upcoming bull market, you don't become one of those stuck. As the old saying goes, selling high always earns, rising all the way out is better than being stuck for 4 years.