Crypto: The Herd, the Hype & the Hustlers
Let’s face the truth as it is, without sugarcoating or empty pleasantries.
In this market, opportunities are not equal, and not everyone plays by the same rules. Some players possess enormous capital, influence, and the ability to move liquidity and shape the narratives that the crowd follows. Meanwhile, thousands rush after those narratives, buying when they are led to buy and selling when their decisions serve the interests of those who know how to exploit their fear and greed.
What makes this even more ridiculous is that some participants become unpaid promoters for millionaires and billionaires. They promote their names, amplify their statements, and treat every word they say as if it were a revelation from the world of finance. Nobody asked them to do it. Nobody hired them. Yet they volunteer to promote the image of people who already possess the money and influence, as though they are desperately seeking recognition or approval from those they worship.
What an irony! People enter the market seeking financial independence, only to surrender their intellectual independence voluntarily.
On the other side, there are emerging projects genuinely trying to build something meaningful. Projects with a vision, working to develop their technology and build real products step by step instead of relying on famous names and media hype. Yet they find themselves fighting for a few moments of the public’s attention, while much of that same audience remains indifferent until the whales start moving or a celebrity grants a project the stamp of popularity.
The problem is not that a project becomes famous or that an influential personality achieves success. The problem begins when a famous name becomes a substitute for research, when popularity is mistaken for value, and when wealth is treated as proof of wisdom—as if possessing millions grants someone immunity from being wrong.
Based on my observations and study of crypto community behavior across its different groups and orientations, I will say this plainly: Deception, hypocrisy, dishonesty, double standards, and manufactured enthusiasm have become prominent features of large segments of this market.
Some preach decentralization while lining up behind influential figures. They celebrate independent thinking while repeating other people’s words verbatim. They claim to support promising projects, yet refuse to pay them meaningful attention until celebrities start talking about them. And when their interests conflict with their publicly declared principles, those principles suddenly disappear, revealing their true faces.
Then there is another phenomenon that is no less ridiculous: dream-filled posts presented as news, and speculation packaged as confirmed fact.
Someone invents a scenario out of thin air or picks up an unverified rumor, then presents it in a way that suggests they have uncovered a major secret or discovered extraordinary information before everyone else. In reality, they have no evidence, no verifiable source, and no factual foundation to justify what they are claiming.
Sometimes, all they want is to convince themselves first that they have brought something new to the table, then persuade others that they possess information nobody else has. And so, a dream becomes news, a wish becomes a prediction, and a lie becomes a tool for attracting attention and generating engagement.
Not everything written about the future is analysis, and not everyone claiming to possess information actually has any. Some people do not report what is happening; they write what they wish would happen, then try to convince others that their wishes are realities just around the corner.
In this market, the problem may not be that the big players are playing their game. The real problem is that many smaller participants volunteer to execute that game for free, then proudly convince themselves that they are part of the action.
So, if you decide to enter this game, get rid of your naivety before you lose your money.
Do not worship names. Do not be dazzled by account balances. Do not confuse noise with strength or a large following with genuine understanding. Never let your enthusiasm for a project undermine your ability to criticize it, and never let your dislike of another project prevent you from recognizing whatever strengths it may possess.
Most importantly, watch what you publish, because your posts are more than words. They reveal how you think, how deeply you understand what you discuss, and whether you can distinguish truth from propaganda.
You are not expected to be an expert in everything. But speaking confidently about subjects you have never researched, repeating claims you cannot defend, or turning your account into a platform for echoing other people’s opinions without the slightest scrutiny is simply absurd.
Nobody is forcing you to agree with me. But if you insist on playing this game, do not approach it with a herd mentality, and do not let your own words and posts expose you as someone who understands the least about what is happening while behaving as though you have uncovered the market’s deepest secrets.
Remember: in a market where influential players can exploit the public’s ignorance and emotions, independent thinking is not a luxury. It is your first line of defense.
Research before you believe. Analyze before you promote. Think before you follow. And never surrender control of your mind to someone simply because they have more money than you do.
If you cannot compete with the big players in the size of your capital, do not give them an additional advantage by surrendering your mind to them.
