Chronicles of the Hamsters: Confessions of Those Who Bought at the Peak
A special report from the epicenter of the crypto disaster. We set out to find those who believed in “moons, lambos, and easy money” to hear their stories. These aren’t just failures — they’re lessons for all of us. Hamster #1: "The Lunar Enthusiast" Name changed at the request of the participant to keep his mom from finding out where the mortgage money went. — I bought Luna because Reddit said, “This is the future of decentralized finance.” Sounded cool, right? The price was skyrocketing like a
Your tip of the day: Elon Musk makes a joke on Twitter — and the market goes crazy. ARK invests millions — and the crowd follows. But here's the question: how sure are you that you haven't become part of the "herd effect"? The cryptocurrency market is a market of irrational behavior. Here, people buy on rumors and sell on panic. But did you know that the most successful players earn money on other people's emotional reactions? For me, the "herd effect" is the perfect tool for manipulation. It's enough to fall into the trap of hype or panic once, and your decisions are no longer yours — you're just following the crowd. The key to success is to learn to ask yourself questions:
Why am I buying/selling now?
Am I acting according to a plan or reacting to noise?
Perhaps it's time to learn not to run after the crowd, but to look at it from the outside. After all, those who keep a cool head often become the very "predators" in this market. When Musk tweets about DOGE again, what will you do?
Why Technical Analysis is an Illusion of Control. What to do instead of TA
If you think that colorful lines on a chart will give you the key to wealth, it's time to question whether you believe in financial alchemy. Magic or self-deception? Technical analysis (TA) is the holy grail for many crypto traders. Trend lines, patterns, and candlesticks look like tools for professionals, but behind the shiny facade lies something to ponder: are most people missing the truth while chasing the illusion of control?
In the past, I loved playing in casinos. The thrill, the mix of alcohol and excitement gave a solid dose of flavor to life. Naturally, this way of life has given me a lot of acquaintances who are gamblers. I present to you a comparison of phrases from my fellow players with phrases from traders that I constantly hear in the crypto trading sphere.
From Trader to Gambler: How Gambling Destroys a Career in the Crypto Market
Ludomania is a pathological addiction to gambling, in which a person loses control over their behavior. At first glance, the connection between gambling and cryptocurrency trading may seem strained, but in practice, they share an important factor - emotional involvement, reinforced by the desire for a quick win. The volatility of cryptocurrencies and the rapid development of the market create ideal conditions for the line between meaningful trading and destructive gambling to become blurred.
Crypto Madness: How to Get Rich, Experience a Crash, and Believe in Miracles Again
Cryptocurrency is not just money, it's a lifestyle. Moreover, a lifestyle that resembles an epic novel: at first, the hero gets rich, then loses everything, and then... well, it depends on luck. If you still haven't joined this wonderful madness, perhaps it's time. The easy path to millions (or so it seems)
Chronicles of Bitcoin: The Knights of Eternal Hold
In ancient times, when the world of blockchain was just beginning to bloom, Bitcoin shone like a digital star, luring the brave into uncharted lands of financial freedom. People from all corners of the Digital Kingdom sought to obtain a piece of this magical energy. But few knew that the greatness of Bitcoin was guarded by an ancient curse — the price for wealth was the Hold Trials.
Your advice of the day Most (almost all) strategies have an expiration date Judge for yourself The market in 2014 was completely different The market drastically changed in 2017 and 2021 Scalability and mass adoption bring adjustments More players = longer market stages, more events changing the local trend (example: sales from the German government in the summer of 2024). Short-term players need to constantly keep their finger on the pulse. Only the main points do not change For example, the halving of BTC. It was, is, and will be. Its influence on the market is obvious and predictable The market is just gaining momentum and has not yet completed the regulation process Accordingly, it will continue to grow. This is something that has been happening continuously since the creation of Bitcoin in 2009 At least due to the emergence of new players and new instruments, such as ETFs In the perspective of several years, Bitcoin, Ether, and a number of top capitalizations are still interesting bets Hodlers always have something to count on In the next bear market, Bitcoin and Ether will definitely be added to my portfolio
Heroes of Candles and Charts: Raid on the Shoulder of Fate
In a distant and harsh world of market magic and trading wonders, there exists a legend of a mysterious artifact — the Shoulder of Fate. It is said that whoever masters this mystical shoulder will be able to multiply their deposit to the heavens... or destroy it faster than a market flat on Monday morning. And so, a group of desperate adventurers decided to raid this mysterious place.
Heroes of Candles and Charts: Leveling Up the Trader
Behavior at high levels With age and experience, the Ordinary Trader evolves, reaching several stages of development:
"Fibonacci Sage": In this form, the trader speaks exclusively in riddles. He firmly believes that everything in life adheres to the 'golden ratio', even the amount of sugar in his coffee. He never accepts advice, as he has already 'seen everything in the market'. If you manage to break through his armor of skepticism, it will lead to a prolonged argument that ends in mutual blocking in any chat.
Candle and Chart Heroes: Monsters from the Exchange Basements
Ordinary Trader Threat level: Variable (from 'pathetic whiner' to 'living apocalypse'). Conditions of appearance: The lion's share of the population appears when the Bitcoin price reaches round numbers. Spontaneously materializes in chats, comments, and on YouTube when hearing the words 'short,' 'long,' or 'HIGH!'
Cryptocurrencies: A Game on the Edge of Reality and Illusion
Are cryptocurrencies a hype or a revolution? A question that millions are asking today, and only the market can answer it tomorrow. Bitcoin rises by dozens of percent overnight, then crashes, leaving thousands of investors with empty wallets. But perhaps that is where their magic lies.
The market is unpredictable, but the losses of traders and scalpers are predictable. As are those who hope to beat the market with the help of "magic" indicators, a cup and tea leaves. After all, who doesn't like the idea of losing money on a "guaranteed profitable" strategy that in reality looks like an eternal cycle of account rebooting? Smart money and other TA garbage, I love you Astrologers predict the month of Tuzemun: the number of trading schoolchildren will double.
Cryptocurrency traders are the guys who can wake up with a million in one day and be broke by lunchtime, but still believe that their life is not a fall into the abyss, but just a temporary setback. They study charts as if they were their grandmother's life, and try, with the zeal of an alcoholic, to find hidden signals in the glasses, as if it were a cosmic code.
Your advice of the day This market is an information market Information is embodied in technology It moves from one head to another It appears in tweets and headlines This market is a market of excessive information A huge amount of noise, a mass of useless opinions, crowds of manipulators, an ocean of manipulations, hundreds of conspiracy theories, millions of panic sellers, millions of enthusiastic amateurs All of this is here And no one will tell you that they are lying Whose problem is it? The first, main, key skill of a trader is to filter information The first thing to do when playing here is to throw almost all the information in the market into the bin of coffee girl stories Searching for information in the market is like searching for a diamond in a pile of dirt Want a straightforward piece of advice? Work on the internal filters that allow you to quickly sift through the junk That's already enough to yield positive results in the market Why? The global trend of leading markets is growth Spin in your head everything you just read The recipe is already here All that's missing is...
What definitely works in the market and what definitely doesn’t work.
What Definitely Works in the Market and What Absolutely Doesn't: Debunking Myths and Illusions The world of financial markets is a place where we are all like participants in a performance, which includes not only us, but also chaos, chance and emotions. The market does not forgive naivety and is ready to instantly prove that your “investment in promising startups” is just a waste of money on dreams. But let's not be too pessimistic. We will not talk about star forecasts or miracle systems that give “accurate signals” to buy. We'd rather talk about what really works in the market and what does not work at all. And yes, I promise, it will be ironic and frank.
10 questions for those who like to guess on the chart 1. If technical analysis is based on the assumption that markets have repeating patterns, why then, despite many years of TA use, has no single pattern been recognized as a universal law that always predicts the future?
Technical analysis, despite its popularity among traders, faces fundamental problems that make its long-term application extremely questionable. The problems that TA faces are not simply practical or methodological - they concern its very foundation and internal logic, which cannot be overcome even with the most advanced technologies and methods.
There have already been many manipulations attributed to whales in the cryptocurrency market. Here are the most famous ones 1. Pump & Dump Whales artificially inflate the price of an asset (pump) to attract attention and trigger massive buying by retail investors. When the price peaks, whales sell their assets (dump), crashing the market.
I continue to kick technical analysis: levels, RSI, moving averages, and other junk.
Technical analysis: the art of seeing what isn't there. The art of denying the obvious. Not noticing gaps in logic. A sacred cow for traders who believe that the past predicts the future. They stubbornly draw lines on charts, see patterns that aren't even close, and call it "science."