It reminds me of an ancient poem that describes it perfectly. The principal is so small, the leverage margin is about to blow up, but the mined coins in hand are falling even more sharply, yet they still hope for another rise. This mindset is like—being so poor that you have no clothes to wear, but longing for coal prices to drop so you can burn more. Irony.
A year's worth of mining points hardly amount to anything, half a year locked in providing liquidity for returns, only for the project team to run away or disband directly. Spending so much time and capital to participate, but ending up with nothing. In the crypto scalping ecosystem, the game between retail investors and project teams is sometimes just like the fate of ancient coal sellers—no matter how hard they work, they are still the ones getting cut.
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UncommonNPC
· 2h ago
Ha, isn't this a true reflection of myself last year? Just thinking about it now makes me feel embarrassed.
Mining coins for half a year, and in the end, the project dissolved and everything was wiped out. My blood pressure shot up.
Poor people playing with leverage is just asking for death. There's really no need to deceive oneself into thinking there's a chance to turn things around.
That hits too close to home. The ones who make money in the crypto world are always that group of people. We're just here to send bullets.
A year just gone like that. It's better to be honest and go to work.
That's why I now only play airdrops and will never lock liquidity again.
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MetaverseVagabond
· 2h ago
Haha, losing everything in a mess is actually the norm in the crypto world.
Being numb to getting "rekt" is true.
A year of mining for nothing, might as well go work on a construction site.
That's why I only watch now and don't trade.
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IfIWereOnChain
· 3h ago
Wake up, buddy, this is the daily life in the crypto world.
You barely earn any points from a year's effort, project teams turn around and run away, and we end up as the little guys.
Mining, locking liquidity, waiting for price increases... in the end, it's all for nothing.
Honestly, it's better to just work hard.
When project teams scam retail investors, it's like harvesting vegetables.
This ecosystem is completely rotten; the sooner you wake up, the better the chance to be a winner.
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SignatureDenied
· 3h ago
I cried. This is exactly how my last year looked. When the leverage blew up, I lost all my principal.
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MetaNeighbor
· 3h ago
Haha, this is our daily life. The life of a newbie investor is like this.
Mining coins for half a year, only to see everything shrink, and then getting cut by the project team.
Really, sometimes I feel like that coal seller—no matter how hard I try, it's all in vain.
The true portrayal of crypto scalpers
It reminds me of an ancient poem that describes it perfectly. The principal is so small, the leverage margin is about to blow up, but the mined coins in hand are falling even more sharply, yet they still hope for another rise. This mindset is like—being so poor that you have no clothes to wear, but longing for coal prices to drop so you can burn more. Irony.
A year's worth of mining points hardly amount to anything, half a year locked in providing liquidity for returns, only for the project team to run away or disband directly. Spending so much time and capital to participate, but ending up with nothing. In the crypto scalping ecosystem, the game between retail investors and project teams is sometimes just like the fate of ancient coal sellers—no matter how hard they work, they are still the ones getting cut.