The market is really bearish

Can’t make money anymore
Everyone is starting to cut KOLs…
I silently took screenshots and sent them to my high school classmate
He got scammed by some project a couple of days ago for 1KU
Asked me what to do
I took a look
From what I can tell, it has nothing to do with the project—just pure scammers
They told him to put in money
And gave him a token whose TGE date and name haven’t even been officially announced
It’s obviously a “zhìshī” (Píxiū) setup
And you can’t sell it either
He asked me what to do
I looked into it
It feels like the chance to get it back is slim
Told him he can report it to the police
But it’s probably a long shot
Just sent the screenshot over a moment ago and told him
Even legit projects that get listed on exchanges can still get you cut
Let alone these kinds of scammers…
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Chatting yesterday
The bar industry is also complaining
Saying there are fewer people now playing the “Blackjack A, Shenlong” bit
Back in 19–20, it was booming
Now if you can find even a few, that’s pretty good
The hottest INS in Shanghai also promotes “de-classing” / de-commodification—supercars aren’t allowed to park at the entrance, claiming it’s about fairness, but really they probably don’t have much money left…
The weather is really nice today
I just ordered some lamb rougamo soup (yangrou paomo) to eat
Life in China is so comfortable…
#Shanghai