Are you still awake in the early morning, browsing various crypto analysis posts and repeatedly pondering over the K-line charts? Are you following the so-called 'expert analysts' to build positions and increase investments, eagerly expecting to double your profits, only to watch helplessly as your principal shrinks or even blows up? What's even more heartbreaking is that what you think is 'valuable analysis' or 'insider interpretation' is actually a carefully designed trap for harvesting. 90% of the analysis in the crypto world is essentially a tool for exploitation!
As someone who has been in the crypto world for 3 years, I have seen too many people go from profit to losing everything. Today, I will be straightforward and tell the truth: no nonsense. I will expose the tricks that analysts use to exploit investors. After reading this, you will at least be able to avoid 80% of the pitfalls and protect your money!
First, let me ask everyone a heart-wrenching question: Are those 'analysts' who post analyses and price points in communities and plazas every day really trying to help you make money? The answer is simple—they only make money for themselves, and you are just their ATM.
The chaos of analysts in the crypto space is far more outrageous than you can imagine; plagiarism, falsifying profits, colluding with institutions to create schemes, is already an open secret in the industry. Recently, the 'Bitland' analyst, who gained immense popularity, was pointed out by netizens on the spot for plagiarizing the entire market interpretation, not even bothering to change punctuation. When faced with doubts, he brazenly said, 'As long as I can call it in the real market, it's fine.' In the end, the AMA live stream was forced to stop, the sharing group was directly disbanded, and retail investors who followed his operations were already left with nothing.
This is just the tip of the iceberg. Many so-called 'analysts' don't even have real trading experience; they lurk in various well-known analyst communities every day, copying and pasting others' viewpoints, changing a few words, and packaging it as their 'exclusive analysis.' Even worse, they forge trading screenshots, only posting their accurate predictions and secretly deleting incorrect statements, portraying themselves as 'fortune tellers' to fool newbies into following their lead.
Their core trick is only one: exploiting retail investors' greed and fear, using 'analysis' to harvest traffic, then monetizing to chop leeks.
The first trick: inducing others to take over, collaborating with institutions to cut and run. Many analysts are deeply bound to sham exchanges and air projects; after receiving money from project parties, they start to hype in communities and plazas, turning a worthless shitcoin or air coin into 'the next Bitcoin' or 'tenfold potential coin', paired with seemingly professional candlestick analysis and trend predictions, misleading retail investors into thinking they've found a treasure. Once retail investors come in to take over, the coin price is pulled to a high level, and analysts and project parties will collectively dump, cashing out and leaving retail investors standing at high positions, ultimately causing the coin price to drop to zero, with no complaints possible. It's like 'Bitland', accused of having close ties with Apollo Exchange, promoting and directing traffic for them in the long term, all behind benefit transfers.
The second trick: contract trading, reverse harvesting leading to liquidation. This is the most ruthless one; many analysts, under the banner of 'capital preservation sharing' and 'precise price points', pull retail investors into paid groups, specifically guiding contract operations. On the surface, they analyze trends, calling for long or short positions, but in reality, they are betting against you—if you go long, they let institutions dump; if you go short, they pull prices to force you to liquidate, while they earn high dividends from your fees and losses. Even more ridiculous is that some analysts lose terribly trading contracts themselves but flaunt 'profit screenshots' every day in their social circles, fooling newbies into paying high mentorship fees and group fees.
The third trick: monetizing traffic, harvesting the cognitive gap. Many analysts don't care about the market at all; they only care about traffic, posting ambiguous analyses every day, such as 'Today's market is volatile; you can enter with a light position, pay attention to stop losses.' Regardless of whether the market rises or falls, they can twist it around. Once they accumulate enough fans, they start selling paid courses, opening paid groups, and even recommending various high-risk financial products, making money from the cognitive price difference of retail investors, while he doesn't care whether you can make money or not.
Some might ask: Are there really no reliable analysts in the crypto space? There are, but they account for less than 10%. Real analysts won't give you absolute price points, won't promise 'guaranteed profits', but will objectively analyze market trends and remind you of risks, rather than inciting emotions and inducing you to go all in.
As retail investors in the crypto space, the most important thing we should understand is: the crypto market itself is a high-risk market, and no one can predict the market with 100% accuracy. Those analysts who make overly confident statements and promise excessively high returns are essentially fraudsters.
Finally, here are three pieces of advice for all crypto friends to avoid pitfalls. Remember, they can help you save a lot of money:
1. Do not blindly follow any 'analyst's' calls, especially free calls that promise high returns; they are all traps.
2. Only choose mainstream exchanges like Binance, stay away from small exchanges and sham platforms to avoid being jointly harvested by platforms and analysts.
3. Learn more about the basics of candlestick knowledge and on-chain data query methods, establish your own judgment logic, do not rely on anyone's analysis, invest only with spare money, and absolutely do not borrow or go all in.
There are indeed opportunities to make money in the crypto space, but there are even more traps. Don't be deceived by those false analyses anymore; don't be the chives that get harvested. Remember, in the crypto space, the only reliable person is yourself. Keep your original intention, respect the market, and you can go further.
Let's discuss in the comments: have you ever been 'harvested' by an 'analyst'? What is the most outrageous analysis trick you have encountered? Follow me for more revelations on crypto harvesting traps in the next issue, helping you avoid pitfalls and move forward steadily!#币圈避坑