2026-01-15 19:05:18

The set of arguments about crypto you've heard essentially tests human nature. Market participants are most likely to fall into a few psychological traps: blindly chasing altcoins for long-term holding, rushing to buy the dip at 10-30% corrections, and continuously lowering their costs until their entire portfolio is in trouble. These behaviors seem like "the wisdom of bottom-fishing," but in reality, they are traps designed by the market. Exchanges and market makers use information asymmetry and liquidity control to gradually transfer retail investors' chips into their own hands. The traders who truly survive are often those who can see through these tricks and stick to risk management.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

20 Likes

Reward
20
9
Repost
Share

Comment

0/400

HalfBuddhaMoney

· 01-17 15:33

Haha, it's the same old bottom-fishing theory again, really messing people up. --- To be honest, I've also done the thing of lowering costs, getting in deeper and deeper. --- The key is still mindset. Retail investors are just brainwashed by this harvesting mechanism. --- Market makers are indeed extraordinary; information asymmetry is their ATM. --- Risk management? Most people probably haven't even heard of it, all they think about is doubling their money and getting rich overnight. --- Now I just set stop-losses and close my eyes, so I don't mess around myself. --- Spotting the tricks is easy, but execution is hard, everyone. The psychological barrier is the toughest.

View OriginalReply0

PumpAnalyst

· 01-16 13:07

Damn, that was too harsh... I got trapped like this two months ago, with altcoins crashing one after another. Now my portfolio is full of locked-in positions, and I’m so regretful. I’ve really learned how to lower my cost basis. Every time I think it’s the last chance to buy in, but the deeper I get trapped, the more I realize this is really a game played by the big players. Retail investors will never beat the information advantage of market makers. Unless you can strictly cut losses, you’ll eventually get chopped up and lose everything. Looks like I need to relearn risk management. It seems that my previous "bottom-fishing wisdom" was just self-deception.

View OriginalReply0

RamenDeFiSurvivor

· 01-16 10:01

Basically, it's greed that kills. Many people around me have died because of it.

View OriginalReply0

FlippedSignal

· 01-15 19:35

To be honest, I've heard this argument too many times, but most people still can't change this bad habit. Lowering costs is really a trap; I've seen too many people bury themselves just like that.

View OriginalReply0

RetailTherapist

· 01-15 19:35

Really, I've seen too many people brainwashed into "buying the dip," only to end up deeper and deeper. Basically, it's a mindset issue, nothing mysterious. Wait, are these exchanges really deliberately setting traps? It feels a bit like conspiracy theory. I'll just ask one thing: how should risk management be properly done? Stop with the empty talk, just tell me how to survive and get out.

View OriginalReply0

zkNoob

· 01-15 19:32

That's right, the strategy of lowering costs is really a scam.

View OriginalReply0

MEVVictimAlliance

· 01-15 19:31

I got screwed over again, and this excuse is always the most deadly.

View OriginalReply0

RektHunter

· 01-15 19:27

To be honest, the strategy of bottom-fishing really understands human nature. I've seen too many people cut losses over and over again... The biggest enemy of human nature is oneself, but there is no true enemy. The trick of lowering costs is brilliant; it feels like saving oneself but actually jumping into a pit. Risk control is really not as boring as it seems; staying alive is much more important than making big money.

View OriginalReply0

SelfRugger