$ASTER I bought a lot of spot at 1.45 for this coin. I was new to the crypto world and didn't know how to play, but I noticed something was off when I saw a group of KOLs shouting buy signals in the square. The price was steadily declining for two days. The more aggressively they shouted, the sharper the drop. I decided to cut my losses and sell. Luckily, I was decisive. Less than half a month later, it dropped to 0.8. I sold at 1.4 and didn't lose too much. This also taught me that these KOLs' tricks to harvest retail investors are almost always a scam—99% of their promoted projects are destined to crash. They shout loudly, and the market keeps falling. The market manipulation relies entirely on retail investors' enthusiasm. The project team keeps dumping, paying these KOLs to promote. I still remember more than ten KOLs who shouted buy signals; they are all big traffic influencers.
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HaonanChen
· 01-08 04:01
I just fell asleep around 1 o'clock. You don't love me anymore? What am I supposed to get?
$ASTER I bought a lot of spot at 1.45 for this coin. I was new to the crypto world and didn't know how to play, but I noticed something was off when I saw a group of KOLs shouting buy signals in the square. The price was steadily declining for two days. The more aggressively they shouted, the sharper the drop. I decided to cut my losses and sell. Luckily, I was decisive. Less than half a month later, it dropped to 0.8. I sold at 1.4 and didn't lose too much. This also taught me that these KOLs' tricks to harvest retail investors are almost always a scam—99% of their promoted projects are destined to crash. They shout loudly, and the market keeps falling. The market manipulation relies entirely on retail investors' enthusiasm. The project team keeps dumping, paying these KOLs to promote. I still remember more than ten KOLs who shouted buy signals; they are all big traffic influencers.