土澳大狮兄BroLeon | 🔶BNB |

土澳大狮兄BroLeon | 🔶BNB |

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土澳大狮兄BroLeon | 🔶BNB |

I was a bit surprised to see this kid scamming several million (reportedly 10 million) yesterday and today, because some of the guys who invested are experienced investors with their own studios, and they still fell for this kid's tricks. Later I realized the reason might be that Polymarket is different from regular money-making schemes; it offers more strategic options. Many people want to profit from it, but how to do it is crucial, which leaves room for scammers (who claim to be very good at manipulating product managers). This is similar to scammers during the ICO era claiming they could invest in projects that others couldn't. Two things to take away from this: 1/ People who flaunt their wealth excessively and are unusually high-profile—just observe from afar, and never form any financial relationship with them. None of the truly successful people I know flaunt their wealth, and none of them ask for money to make money for you. If they're already so rich, why would they need to use other people's money to make more money? Learn from those who make money their thought processes, understanding, logic, and skills. 2/ When the market is bad, prioritize risk and scale back your investments. Why did DeFi get hacked so often during market downturns? Why were so many projects halved in value? It's because making money became difficult, so many people started looking for ways to profit. Why didn't this kid abscond before, instead maintaining a carefully crafted persona? It's likely because Ponzi was able to survive when the market was good, and now that there aren't many new projects to exploit, he's simply closing the net. This mentality is very common. Even some less malicious hackers are now increasing phishing and attacks due to fewer ways to make money. Therefore, we are now in a high-risk period. Everyone must be extremely careful and ideally keep your funds in your own hands from on-chain protocols and other sources until the market recovers.

土澳大狮兄BroLeon | 🔶BNB |

This approach is quite generous. Openmind was unlucky this time, coinciding with a market crash; more cautious projects might have simply ignored it. Their willingness to offer full refunds to users who participated in the Kaito public offering shows they weren't willing to take advantage of the situation. Respect to them.

Fabric Foundation

Allocation results are now live for the $ROBO Public Sale on the @KaitoAI Capital Launchpad. Priority allocation has been extended to core ecosystem contributors, including verified contributors and active participants across our partner ecosystems. Check allocation:

土澳大狮兄BroLeon | 🔶BNB |

I'd imagined many times what this bear market would look like, because with Trump, the president of ProCrypto, in power, the fundamentals of crypto seemed much stronger than they had been in the past decade. Now we're seeing it: the collapse of faith in crypto. More and more people are starting to dismiss crypto as unoriginal, and even industry veterans like the former partner of Multicoin are surrendering and fleeing. This despair and suffocation is the long-lost flavor of a bear market. However, @DoveyWan is right, experience cannot be compressed. Time is the only asset no one can cash in. My fellow warriors, we will eventually overcome this.

Dovey "Rug the fiat" Wan (hiring)

Have been thru so many "existential threat" moments in crypto, every time the ride is getting less existential - First shock: Mt Gox. I was so stunned didnt even feel it. My net worth in crypto wasnt huge in absolute terms, still massive for a fresh grad - Second grill: the

土澳大狮兄BroLeon | 🔶BNB |

Today's news about Bitcoin's sharp drop has probably been reported by traditional media. I've already received inquiries from three friends outside the crypto world who run businesses, asking if it's a good time to buy the dips. 64,000 might not be the bottom, but the long-term risk-reward ratio is already decent. Take it slow and build up. $BTC

土澳大狮兄BroLeon | 🔶BNB |

Yesterday's plunge in silver looked like a meme-like rug pool, with a single-day drop of 36%, breaking the record of the past 40 years. The biggest drop in history was "Silver Thursday," but that was 46 years ago (March 27, 1980). At that time, affected by the failed manipulation by the Hunt brothers, the price of silver plummeted from nearly $50/oz to $10.80/oz in just a few days. The recent surge and subsequent plunge of silver following gold is reminiscent of the past when ETH followed BTC's rise and fall; the underlying strategy of speculative trading is almost identical. Initially, the pressure of US government debt, frequent government shutdowns, and Trump's global tariff wars caused investors to waver in their confidence in the US dollar, leading to a massive influx of funds into gold. (BTC trading) However, after gold stabilized above $5,000, investors believed that silver was severely undervalued, and a large amount of funds flowed from gold to silver for catch-up trading (funds flowed out of BTC to speculate on ETH). Because the silver market is smaller than the gold market, when a large number of hedge funds and retail investors flood in, it is easy to create a short squeeze, leading to an irrational vertical price increase (speculating on the smaller market capitalization to gain a larger price increase). Moreover, after the surge in silver prices, funds flowed out to speculate on copper, platinum, and other smaller-cap coins (Altcoin). Market concerns that the new Federal Reserve chairman would adopt aggressive quantitative tightening and interest rate hikes caused the dollar to surge and precious metals to plummet. Silver, due to its smaller market capitalization, amplified the decline in gold prices (a double-edged sword). Although the targets are different, the behavioral patterns of people speculating are the same; one principle applies to all.

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