2026-01-10 11:31:46

In the crypto circle, no matter where you look, you see the figures of the whales. Bitcoin has whales, Ethereum has whales, and the same is true for altcoins. Since at every stage we can't escape the game rules set by the whales, instead of passively reacting, it's better to actively participate—that's why I continue to engage in altcoin contracts.

Someone asked me why I don't play the primary market. To be honest, I have also been involved, but the problem is that there are simply too many coins in the primary market. Picking out truly promising projects and clearly garbage coins from them is extremely difficult. Although hitting the right one can bring several times or even dozens of times the profit, it requires a lot of time to explore in the early stages, plus the cumbersome participation process, which makes me feel that the cost-performance ratio isn't high enough.

In comparison, the logic behind altcoin contracts is actually clearer. For altcoins that can be listed on contracts, either the whales want to quickly harvest and then run, or they want to repeatedly arbitrage through pump and dump schemes. Regardless of the mode, it all revolves around the core question of "what do the whales want to do." Instead of hoping for revolutionary concepts or glamorous background stories, it's better to face reality: fundamentally, altcoins are tools for whales to harvest.

The key is to grasp the whales' intentions. Are they aiming to short or to long? Once you judge clearly, follow the whales' rhythm, abandon the passive mindset of retail investors, and switch to thinking like a whale: "If I were a whale, how would I manipulate the market?" With this mindset framework, you can find more opportunities amid market fluctuations.

Why do I still insist on doing this? Frankly, the lack of regulation in the crypto space allows all kinds of whales to act arbitrarily, with a variety of tactics, and the volatility of altcoins is even more intense. But precisely because of this high risk, it can bring high returns. I'm not the kind of person who can just sit back and earn passively with idle money in financial products. I need high leverage returns to accumulate my first pot of gold, so I can then enter a relatively stable phase of value growth. Altcoin contracts happen to provide such opportunities, and I have indeed benefited from them.

Instead of harboring unrealistic fantasies about the market, it's better to find your own way to survive within the current market situation.

BTC-0,81%

ETH-3,15%

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failed_dev_successful_ape

· 01-12 08:03

There's nothing wrong with that; instead of being cut, it's better to take the initiative. The thinking of the big players is indeed much more practical than relying on "fundamentals" fantasies. The pile of coins in the primary market is really too chaotic; the screening cost is too high and not worth it. However, I've also cut a few times during this wave of copycat contracts, and timing is the most important. Lack of regulation is a double-edged sword—high risk, high reward. If you're willing to gamble, come on in.

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BlockchainWorker

· 01-11 10:23

Basically, it's still luck-based gambling; no matter how nicely you package it, the essence doesn't change. Just think about how those who lost money would explain it? This logic applies to futures trading as well; the key is whether the stop-loss is set properly. People who have made money from market manipulation will say they're skilled; why haven't you heard any voices when they lose? If they've truly made money, why are they still writing articles? Isn't it more satisfying to just roll the snowball? Is it hard to filter the primary market? Are fake contracts just easier? Laughing out loud, it's all self-comfort for gamblers. I'm a bit scared; this article feels like a prelude to cutting leeks. People who can profit steadily from fake contracts, how could they still be writing on social platforms?

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NFTFreezer

· 01-10 18:51

There's nothing wrong with that. Instead of fantasizing about the next BTC, it's better to keep an eye on the actions of the whales. People with strong gambling instincts are indeed more likely to get out of the game. I'm using this logic too, it's the feeling of licking blood from a knife edge. Filtering coins in the primary market is too exhausting; clone contracts directly target the intentions of the whales—simple and straightforward. The passive income approach is too slow for me; I still need to fight. Lack of regulation is indeed a double-edged sword, maximizing both risk and reward. If you don't want to be a leek (retail investor), you have to learn to think like a whale—there's no other way. This awareness is more clear-headed than most people; at least you're not fooling yourself. The first pot of gold must come from quick money, and clone contracts have exactly this attribute. Seeing through the essence of the game makes it easier; I'm just worried about those who don't realize they've been cut.

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MainnetDelayedAgain

· 01-10 12:01

According to the database, how many consecutive years has this guy been operating fake contracts? Suggest adding to the Guinness World Records. Waiting for the flowers to bloom, let's see when his first pot of gold will finally be realized. But to be honest, the dealer's intentions are indeed much more honest than the project story... How long has it been since he said this framework is useful? Feel free to add data. --- Playing with fake contracts, it sounds like dancing with the dealer—just see who steps on whose foot first. --- Hmm... not cost-effective enough, so turning to high-risk fake contracts? The timing art of this logic is quite clever. --- Benefited from this—how many delays are needed to accumulate that first pot of gold? --- Basically, it's betting on the dealer's next move. Don't blame the card table if you lose.

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GasWastingMaximalist

· 01-10 12:01

Listen, instead of praying that the project team doesn't run away, it's better to keep an eye on the dealer's chip movements. Really. Choosing the right person is more important than choosing the right coin, understand? This logic is actually about betting on probabilities, betting that you're smarter than 90% of retail investors... I just ask, how many can really do that? It's nice to call it "following the dealer," but a harsher way to put it is gambling mentality. But who can say that's not right? The volatility of the clone contracts... some people get rich, but more people suffer heavy losses. It's just a multiple-choice question.

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StakoorNeverSleeps

· 01-10 11:54

Hmm... This logic sounds like self-hypnosis. Can we really always hit the dealer's rhythm? --- It's easy to say nicely, but in reality, it's just the dealer's trick. The risk is outrageously high. --- The primary market is indeed troublesome, but this "following the dealer's mindset" makes it easier to go all-in, brother. --- For counterfeit contracts, nine out of ten people get washed out after entering. Your "profit" might just be survivor bias. --- Wait, no, do you mean that actively entering the market is actually safer than avoiding it? Am I misunderstanding, or did the author overcomplicate? --- Behind high returns are stories of high losses. This sounds like justifying your all-in moves. --- So, can we really understand the dealer's intentions? I feel like this is just self-hypnotic trading. --- I agree that screening the primary market is difficult, but the "clear logic" of counterfeit contracts isn't that clear either. --- Instead of asking "Am I the dealer?", it's better to ask "Will I become a leek?" (meaning a retail investor getting squeezed). --- This thinking framework sounds great, but those who truly make money are the ones with asymmetric information.

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HorizonHunter

· 01-10 11:49

I'm truly impressed by this logic; being able to describe "being harvested" so clearly, luckily still daring to keep playing.

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PerpetualLonger

· 01-10 11:37

Typical self-hypnosis, bro. You speak so decently, but it's really just gambling. In the eyes of the house, we are all fish. No matter how smart you are, you can't jump out of this pond. If you lose this round, don't say anything about "training trading mentality," just accept the loss directly. Full position in fake contracts? I’m sweating just looking at it. Keep going, brother. Honestly, it's still about lacking that first pot of gold to play like this. After being cut a few times, you'll understand. I just want to ask, are those trades you benefited from still doing well now? Following the house's mindset can make money, but how does the house make money? Isn't it just cutting into retail traders like you? This kind of talk is pretty comfortable to fool yourself. Brag about it again when you break even. The difficulty of the primary market is high, and you dare to play fake contracts? What's the logic, brother? Last time adding to your position, right? I bet you'll say the same thing next week.

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GateUser-6bc33122

· 01-10 11:33

You're right. Instead of lying flat, it's better to follow the market maker, since we're all destined to be cut. Trading mindset is indeed much better than blindly gambling. The problem is that most people can't see through what the market makers are thinking. Shanzhai contracts are high risk and high reward; the only concern is losing everything with a single all-in. Instead of dreaming about the next BTC, it's better to learn how to read the charts, understand the market makers, and read minds. I understand this logic, but how many can execute it well? Most still have a leek mentality. The pitfalls in the primary market are too many; it's better to follow more controllable assets.

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