The coin circle is an interesting place
First, this is an unordered and unrestricted market. More than half of the liquidity is for HH products and XQ services. Many things are difficult to characterize and trace.
Second, the coin circle is an emerging product. The information mode and gameplay are iterated quickly. Anyone has the opportunity to crush others with cognition and information.
Third, it is easy to defeat the opponent. There are too many retail investors in the coin circle. Retail investors have limited cognition. It is like a child carrying gold and traveling through troubled times, and they are emptied in minutes.
In the A-share market or US stocks, retail investors cannot be emptied at one time. Retail investors can only eat a few limit downs at most. If they lose money, they can find people. The regulators send inquiry letters every day.
In the coin circle, you can directly withdraw the plate, issue additional shares to smash the plate, or directly put it in a bad state. In the end, you will have a young model in front of retail investors.