Understanding Electronic Money Games: How Not to Be Cheated

The cryptocurrency market is often described as a space where anyone can get rich quickly. The allure of Bitcoin's meteoric rise or the success of early adopters in altcoins attracts millions of people to the market. But deep down, the cryptocurrency game is not fair. It is rigged - not necessarily by governments or banks, but by players in the market who have more knowledge than the average trader. These players manipulate emotions and predictable behaviors of retail investors. Real opponent Most people think they are trading with large organizations or market makers. In fact, your main competitors are often people like you - individuals sitting in their bedrooms, staring at charts and hoping to take advantage of trends. But in addition to these traders, there is another group of players: whales, data-driven organizations and operators. They have a significant advantage: Access massive datasets: track real-time trends, sentiment, and models. Understanding human psychology: they know that fear and greed dominate decision-making processes in the market. Control liquidity: with large reserves of money, they can influence the market and dictate trends. The chaos is staged Any collapse or sudden price drop in the market may seem random, but it usually isn't. These events are often manipulated actions with the purpose of: Cause fear and panic: Retail investors are often emotional and impatient. A sharp decline makes them believe that the market is collapsing. Preying on the weak: Those who panic sell at the first sign of trouble will lose their position and suffer losses. Redistribution of wealth: Coins sold in fear will be bought back at a discount by knowledgeable players. Consider the collapse of Bitcoin to $3,000 amidst the COVID-19 panic. Fear engulfed the market and many people sold their shares in desperation. Knowledgeable players who understood the long-term potential quietly accumulated. Many months later, when the market rose, these players sold at much higher prices to the same retail investors who sold out of fear. How do they benefit from you The market is booming for one reason: the ability to predict retail sales. Retail traders often: Chasing an uptrend for fear of missing out (FOMO). Sell off during a market crash for fear of losing everything. Impatient, always looking for quick profits. This predictability makes them an easy target. Whales manipulate the market to exploit these trends: Artificial drops and price increases: By intentionally creating fluctuations, they lure retail traders into making emotional decisions. Choosing the exit time: When the market reaches its peak, whales sell their shares to retail traders who believe that the upward trend will last forever. Lesson for survival The system is not broken; It works exactly as expected. Wealth flows from the ignorant to the knowledgeable. To avoid falling victim to this fraudulent system, you need to change your approach: Control your emotions: Fear and greed are your biggest enemies. Learn to act rationally. Think long term: Don't focus on quick profits. Understand the fundamentals of the assets you are investing in. Buy when fearful, sell when greedy: When the market crashes, resist the urge to panic sell. Instead, consider buying quality assets at a discount. Be patient: The market fluctuates in cycles. Impatience leads to poor decisions and unnecessary losses. Learn to detect manipulation: Recognize when sudden drops or spikes may be orchestrated events. Last line In the crypto game, missing information is the fastest way to lose your assets. Big players are always two steps ahead of you, using fear and greed against you. But by understanding their tactics and developing a disciplined approach, you can protect your assets and even thrive in the long term. Remember: The market is designed to make you unstable. The question is whether you will let it do so. Stay calm, think first, and refuse to be exploited.