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GateUser-2d2da21e

Has $ETH 's worthless infinite coin entered a major sell-off phase?

ETH-0.31%
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wojak悟道
· 05-24 23:20
The “faith” in the crypto world has collapsed. There’s nothing much to say. The single-day drop reached over 1,000 points. Up there in the wild pumps, down there in the wild dumps—back and forth to squeeze retail investors, again and again. It has no real value at all; everything is just being pumped. Even if it can be used to launder money, it’s not something that’s presentable or respectable. The main problem is that they go after retail investors way too brutally—once they catch retail investors, they hunt them down and kill them. Retail investors always end up “falling into the water” eventually. In the US and Hong Kong stock markets, there’s still market value and performance backing it up. As time goes on, fewer and fewer people will play this game in crypto. Retail investors are already scared out of their minds from getting slaughtered. It’s purely a pig-butchering scheme. If you keep playing it long term, you’re definitely dead.
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