Last week the “dog-catching” on the Robinhood chain went viral—pair and pons both saw 100x gains, and even $ARB rose along with it by 100%.
But I didn’t post anything. Last week a few group members also asked me what they should buy, and I didn’t recommend anything.
Why? Because I genuinely don’t believe it can make money.
Last Spring Festival, when “dog-catching” on Solana was at its hottest, I lost all 100 of $SOL in just two months. Now the same kind of story is showing up on the Robinhood chain too.
380,000 people are “dog-catching” on Robinhood; as of now, 95% of users are losing money. Only 3,504 users have made more than 1,000u, accounting for 0.9%.
If I were to play on Robinhood, let’s not even talk about whether I could become one of the 0.9%. Even if I could, if my position of $BTC fluctuated by even a little, it could swing by 1,000u. Is it really worth me staying up late, not sleeping, and sitting there staring at the charts every day?😂
Also, I believe that as time goes on, the proportion of profitable trades will keep getting lower. Because it doesn’t fear you winning—it only fears you not playing.
But I didn’t post anything. Last week a few group members also asked me what they should buy, and I didn’t recommend anything.
Why? Because I genuinely don’t believe it can make money.
Last Spring Festival, when “dog-catching” on Solana was at its hottest, I lost all 100 of $SOL in just two months. Now the same kind of story is showing up on the Robinhood chain too.
380,000 people are “dog-catching” on Robinhood; as of now, 95% of users are losing money. Only 3,504 users have made more than 1,000u, accounting for 0.9%.
If I were to play on Robinhood, let’s not even talk about whether I could become one of the 0.9%. Even if I could, if my position of $BTC fluctuated by even a little, it could swing by 1,000u. Is it really worth me staying up late, not sleeping, and sitting there staring at the charts every day?😂
Also, I believe that as time goes on, the proportion of profitable trades will keep getting lower. Because it doesn’t fear you winning—it only fears you not playing.
