The new tactics of 'cutting leeks' in the crypto world are exposed: it takes just 30 minutes to trap you, while the big players make profits until they cramp, and the leeks cry to the rooftop.

How are people in crypto being cut? Here are five common methods.

In fact, there can be hundreds of ways to be cut; here I will talk about some common ones, hoping you won't get scammed.



The big players have a blowout and run away.

Luna dropped from $100 to $0.00001 in just a few days, FIL also dropped from over $200 to $5, and there are many other currencies; many projects inflate their value to a high level within a certain period, and when the big players think it's enough, they continuously sell out and cash in. Most players who follow the trend can only become the cut leeks. Almost all currencies launched in the crypto world are like this; this is also the purpose of the project parties, which is to make money, not to realize the so-called vision mentioned in the project, which is just for the leeks and the unsuspecting buyers.



Exchanges run away.

It's quite normal for many small exchanges in the crypto world to disappear; they will leave you with nothing and that includes the top five exchanges in the crypto world, which frequently change their rankings. Exchanges ranked below fifth are unreliable; they can go bankrupt or run away at any time. Last year, the third-ranked exchange in the U.S., FTX, went bankrupt and liquidated in just a few days. This industry is not legal in the country; if a small exchange runs away, the leeks can only shout to the heavens with no way to go down, considering themselves unlucky.



Insider theft.

Clearly your coins have been hacked by an exchange or a so-called wallet, but they insist that hackers stole them. Isn't that infuriating? Many small exchanges and wallets operate like this, and new leeks entering the industry can easily be scammed by some obscure exchanges and wallets.


Playing contracts.

This is a consensus among crypto players about losing money; a big bullish candle brings thousands of troops together, while a big bearish candle leaves retail investors in tears. Those who play contracts generally want to get rich quickly and use high leverage, betting with the mindset of quick wealth, but even if you win 9 out of 10 times, losing just once means you're finished. This is the so-called 10 bets, 1 loss, and you're done. Moreover, many small exchanges are set up so that if the platform wants it to rise, it rises, and if it wants it to fall, it falls. Thus, players can easily be cut. It's said that even some large exchanges occasionally engage in manual operations to explode a batch of big players, so it's best to avoid high-leverage contracts.

Playing altcoins.

When you hear some so-called team leaders in a group promote that a coin will go on a so-called exchange at a certain time and can rise dozens or even hundreds of times in the short term, and many people in the group claim to have bought a lot and show you screenshots, you get brainwashed and then spend money to buy some. Then this coin really goes on a small exchange or an app created by the platform; at first, it may spike to attract more leeks or entice you to buy more. But when you buy in more, suddenly there’s a sharp drop that traps you inside, waiting until you cut your losses before it takes off.


What does this mean? It means that the operators are watching your position. Don't be surprised how the big players know; they can clearly see how many chips you’ve sold and when they will buy back the low-priced chips. This is still a good project party; they just want to cut more people and operate for a while longer. Some big players only sell and don’t buy back. As soon as it hits the exchange, it drops. The more you buy, the more it drops, giving you no chance to recover your capital.

I have been in the crypto world for 10 years, experiencing three bull and bear markets, starting with $8,000 and now achieving financial freedom. I have gone through everything I should have and stepped on all the pits, only to cultivate myself well and form my own stable profit system.

In the crypto world, if you want to truly achieve financial freedom and compound interest, methods, techniques, and forming your own profit system are crucial!

Once you master it, the crypto world will be like your 'ATM', making money as easy as breathing!

After trading crypto for over 10 years, my wealth journey is summarized as follows:

The first ten million took the longest and was the most painful; the trading system was constantly reshaped and polished, taking a year and a half.

The second ten million took three months.

The third ten million took only 40 days.

The fourth ten million took just 5 days.

75% of the funds were earned within half a year.


Crypto Pitfall Guide: 10 Major Traps.

In this world of crypto full of opportunities and challenges, have you ever stepped into some seemingly enticing traps? Today, the instructor will discuss those common crypto traps and see if you've fallen for them and how to avoid them.

Trap 1: Impulsive Bottom Fishing During a Crash.

When the market crashes, many investors rush to bottom fish, hoping to recover quickly. But often this impulsive behavior will lead you deeper into the quagmire. Remember, when a crash happens, wait and see the direction before acting; steadiness leads to victory.

Trap 2: Greed Leads to Loss.

It's great to make money, but don't get carried away; know when to stop. Greed often leads to losing your mind and ending up with nothing.

Trap 3: Losing Heart When Losing Money.

Investing comes with gains and losses; don’t lose heart when you lose money. Readjust your strategy; opportunities are always reserved for those who are prepared. Don't give up easily; your success is just ahead.

Trap 4: Quick In-and-Out for Big Profits.

Don’t always think about quick trades for big profits; sometimes holding long-term is more stable. Frequent trading not only increases risk but may also cause you to miss genuine opportunities. Choose a good coin and hold it patiently to laugh last.

Trap 5: Blindly Chasing Trends.

Which coin previously performed well, and you blindly follow? The market changes drastically; don’t be deceived by surface appearances. Rational analysis and finding truly valuable projects are key.

Trap 6: Emotional Trading.

Don’t let emotions control your trading; stay calm. Emotional trading easily leads to problems; rational analysis is the way to profit.

Trap 7: Fantasies of Getting Rich Quickly.

Don’t always think you will get rich overnight; trading crypto requires patience and strategy. Stay grounded and accumulate wealth step by step to go further.

Trap 8: All In on a Single Bet.

Don’t always think that one trade will determine your win or loss; reasonable fund allocation is essential. Diversify your investments to reduce risk, allowing you to earn steadily in the crypto world.

Trap 9: Blindly Averaging Down.

If you lose money, don’t rush to average down; first, find the reason. Blindly averaging down will only trap you deeper; solving the problem is key.

Trap 10: Believing in 'Winning Strategies'.

Don’t think that because of one success you’ve found a 'winning strategy'; the market always has surprises. Be flexible in response and keep learning to maintain an undefeated position in crypto.

Finally, I want to say that trading crypto requires rational thinking and flexibility. Learn from those who have fallen into pits and pay more attention if you haven’t. Let’s earn steadily in the crypto world together and welcome a bright future!

If you don’t want to become a leek in the crypto world, remember the following points:


1. Don’t think about getting rich overnight.

2. Try small amounts for multiple trades.

3. Even if you can steadily earn over 20,000 yuan a month, you need to stay cautious.

4. For contract trading, remember! You must set stop-loss!

5. Coins purchased on exchanges need time to settle. If you don’t have enough time but want to make quick money, it’s easy to end up with nothing.

6. Every profit in the crypto world comes from someone else's loss.

7. If you are using spare money, you already have an advantage over 90% of players.

8. Don’t buy coins that have dropped more than dozens of times; they have no value. Coins that have dropped around ten times can be bought boldly; you will definitely earn it back in the next bull market.

9. If you only want to earn a few times your investment, choosing BTC, ETH, or BNB is enough; other coins can be ignored.

10. If you want to earn a hundredfold or even thousandfold, you must thoroughly understand that coin, enter positions gradually, and hold on. You need a big-picture view; without it, you won’t earn big money and will ultimately be worn down in the crypto world.

11. No matter how profitable the crypto world is, it will always be a side hustle; never give up your main job. Once you quit your job, the days of losing money will come.

Click my avatar to follow, and let me guide you to change your fate. Comment: 888

$ZEN

$COW

$BTC