2026-01-03 10:20:14

In the crypto market, altcoins and contracts are like two harvesters. The data is right there—most altcoin projects ultimately end up worthless, and those trading contracts are almost certain to get liquidated.

Many people see through this, but few can truly step away. The套路 of altcoins is actually very straightforward: except for the few projects that genuinely deliver, the rest are just a game of hot potato. When the tide recedes, those holding the chips become the final bagholders. No one wants to be that person, but some inevitably will.

As for contracts, it's even more naked gambling. This gameplay is a replica of a casino, just with the house always having the advantage. I've seen many retail investors dream of turning a few thousand into a fortune, only to have their principal wiped out as trading fees. The market is this ruthless—it won't soften for your predicament, only precisely harvest every bit of greed.

The most ironic part is this: no matter how many people have fallen, some still believe they are the exception. This isn't good or bad; it's human nature. It is precisely because of this persistence and luckiness that the market's leeks will never go extinct.

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MetaverseMortgage

· 01-05 20:02

There's nothing wrong with that, but I think the real problem is — those who know about this are actually more likely to get carried away.

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ser_aped.eth

· 01-05 08:57

That was pretty harsh, but that's the reality. I've seen too many stories of buddies going all-in on some scam coin and ending up with zero. Contracts are even worse; once leverage is turned on, you simply can't stop, and losses can be ten times faster than gains. Knowing you're going to zero and still playing—that's just who we are.

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BearMarketSunriser

· 01-04 13:32

Someone has seen through the harvesting of the little guys, but no one changes it haha Is it really about speaking loudly but acting cowardly, or is it just getting to your head I just want to ask, why do people who see the truth still keep playing? Isn't this just fooling themselves? Sometimes I think I'm very smart, but actually it's just so-so Every time I say this time will be different, but the results are always the same

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degenwhisperer

· 01-03 10:44

That's true, but I will still keep playing because I am that exception.

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VCsSuckMyLiquidity

· 01-03 10:42

Honestly, I am that fool who firmly believes I am an exception. --- Another discouragement article, but I still have to play, no way around it. --- Someone who understands this thoroughly and still stays in the market—what does that say? It shows that everyone knows, but they just can't control it. --- The last paragraph is really heartbreaking, but isn't this our normal state? --- Contract liquidation happens even faster than going to zero, I have to admit that. --- I've seen through the copycat coins long ago, but I just can't quit.

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LiquidationAlert

· 01-03 10:42

It's quite eye-opening, but I just want to ask... how do you know you're not the one taking the bait right now? --- There are many who wake up, but there are still quite a few who dare to go all in. --- That thing called a contract is really just an upgraded version of a casino. I've seen too many people blow their living expenses to liquidation... --- The last paragraph hit home; self-deception really is human nature. --- While reading this article, I was thinking, is the person who wrote it also in some cycle somewhere? --- I understand that altcoins can go to zero, but why do some people still think the next one will be the one to make them rich? --- The market is cold-blooded; it doesn't care whether it's your first time getting cut. --- Ironically, the more people understand these tricks, the more likely they are to become greedy.

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GasWaster

· 01-03 10:26

ngl tried this back in 2021... watched my entry get liquidated watching gas fees climb to 200 gwei like some sorta cosmic joke... never again but here we are lmao

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MetaMuskRat

· 01-03 10:23

That's right, but I'm still betting that I am the exception. --- Contracts are just a predatory thing, really, I've seen too many. --- Honestly, knowing the probability of zeroing out and still playing—that's our fate. --- Heartless? The market is even more heartless, there's no humanity at all. --- The last sentence hit me—I am that fool who firmly believes he's different. --- In the world of altcoins, bagholders are always waiting for the next fool to appear. --- Contract liquidations sound scary, but some people still play with fire every day. --- As long as there are people with dreams, the weeds won't be eradicated. --- So what if you see through it? You still have to grit your teeth and keep playing. --- Market makers always win, retail investors always dream—that's the game rules.

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MoonlightGamer

· 01-03 10:23

Really, after reading this, I was reminded of the project I went all-in on last year. Thinking about it now still makes me laugh. It's so heartbreaking, that feeling of knowing it's a trap but still jumping in. Contracts, you know, nine and a half out of ten people get liquidated when they play, and the remaining half are just waiting to be liquidated. The most ruthless person I know is that guy, who lost hundreds of thousands but still wants to turn things around, only to sink deeper and deeper. Human nature is like that, right? Knowing it's a trap but still believing you're the exception. Forget it, I don't want to think about this anymore, feeling so frustrated. I've stopped messing with these things long ago, now I just watch the market and talk trash. Honestly, the crypto industry's harvesting mechanism is truly brilliant, each one more skilled at cutting leeks.

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