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Rave trading method,
First control over 97% of the spot chips,
Then keep pushing the price higher, creating hype,
Because everyone knows this kind of altcoin is air, it will definitely go to zero in the future,
So everyone contracts to short, opposing the market maker,
The higher the market maker pushes, the more leeks will come in to short and oppose,
Thus the market maker keeps pushing the price up by 100 times,
Plus the market maker can continuously collect funding fees by going long,
Charging you up to 2% of your principal per hour,
And up to 48% of your principal in a day,
The larger your short position, the more funding fee the other side receives per hour,
This way, the market maker can keep replenishing chips and continue opposing you,
Going on like this is basically unsolvable, you can only admit defeat.
This high funding fee is extremely unfair to retail investors,
It’s precisely because of the funding fee that the market maker can’t lose,
Without the funding fee, both longs and shorts could compete based on capital strength,
And as the price rises, the shorting funds would gradually increase, eventually shorting everything out,
But with the funding fee, they can keep secretly draining the chips of the shorting army.
The higher they push, the more people are tricked into shorting,
Many leeks are new to the crypto world,
It’s easy to get caught up, even with a billion, it’s not enough to cover the losses,
They might lose all their assets in one go,
Pushing up 100 times is abnormal fluctuation.
This kind of fluctuation is meant to trick others into depositing money,
They push up to deceive others into depositing, then harvest the profits.
It’s also not fair to say that gambling addicts should die,
Because it’s not about losing in gambling, it’s about being scammed.
This is no different from telecom fraud, just raising the price to trick people into shorting, then taking their money.
If this continues, it will turn into a scam zone.
Your money isn’t lost in gambling, it’s stolen.
Basically, this is just a scam to get your money,
As long as there’s liquidity, the other side can draw a line and take your money.
From start to finish, only the exchange can control this;
No other link can control them.