Exposing scam coins, the garbage coin OM! Coins like OM are similar to APE from back in the day. Whether these scam coins are colluding with exchanges is uncertain, but their methods of scamming are the same. First, these scam coins experience a dramatic rise, attracting trend-following traders, with candlestick charts looking very strong, like a soaring premium Maotai. Just when it's about to cut you, it instantly crashes, leaving no bulls behind. For us experts, it's easy to see through these scams, but I was still caught by this bastard. I shorted around 6, just like when I shorted APE at 20. I know these are garbage coins, worthless scraps that will go to zero, and I slowly played along... Who knew these bastards would trap you with funding rates? They charged you 4 times a day for funding rates back when APE was around, and this OM is even worse, charging you 6 times, with funding rates reaching a point. In a day, you could lose 5 to 6 points, can you really hold on long-term waiting for it to go to zero? This is the most disgusting and shameless method. No matter the market direction, these scam coins will take your money... Lastly, a piece of advice for those looking to bottom fish this coin: don't touch it. These vile operators have no morals, and if you want to bottom fish, it'll just drop another 90%. I write this to educate the many newcomers, telling everyone to avoid touching garbage coins. Garbage coins can only be traded quickly in and out. If no one plays these scam coins, then naturally, more quality projects will emerge.
Record my candlestick charts! I haven't made much money in the past year... Considering interest, I'm down about 5 to 6 thousand U. It's indeed unwise to short without reason; if there's a rebound, I'll short lightly once again. After so many years, a major cycle pullback is reasonable...
The contract has been empty for the past two years, and the contract account hasn't made any money. Since the drawdown from 102,000 last November, it has hardly moved. I don't know if the market will still offer an 80,000 big coin? This time it would be reasonable to take a 40% position... I also want to tell everyone not to touch the shanzhai (counterfeit), don't fantasize about getting rich. I have been playing for so many years and I can clearly tell you that those shanzhai are pure scams; anyone who plays knows.
On November 6, I blindly shorted it and sold it all the way. My account retreated from 102,000 U to 95,000 U... I have been shorting it for a long time. I hope it can go up, and then I will short it
Hey... shorting in a bull market is courting death. Although my account has reached a new high, I am very panicked. Sometimes I am not resolute. When Trump is elected and a big positive line appears, I should have decisively followed it instead of shorting against the trend. I warn everyone not to short blindly. If you short blindly, the main force will not stop until you are wiped out.
To be honest, I am not satisfied with my holdings in the past year... I am posting this just to tell everyone that those in this circle dare not show their real curves, and those who only take screenshots and post pictures of beautiful women are basically all scammers. The old scam tricks from 7-8 years ago are still being used, and the decentralization, anonymity, public chains... these leftovers are endlessly hyped...
There is a high probability that it will be near 40,000... I dared to buy the bottom on 3.13 and 5.19, but at 16,000, I was greedy and wanted the big pie of 12,000... Over the years, I have found that ordinary people should stop messing around and buy on callbacks. It took a long time to fall from 69,000 to rebound to 31,800, and the intensity is not as big as the last cycle. Maybe it will not take off in 2024. If so, it will be a good thing. It will only take two years to accumulate energy after going from 20,000 to 40,000. There are big cows