Insider Information——

Today let's talk about this thing!

In fact, many people think they can make money from insider information, but the biggest reason for losing money when getting too close to the circle is actually insider information;

I once lost a tremendous amount due to "insider information";

Every day, many so-called "insider" tips may come your way, and you don't know what's true or false. If you don't buy, watching the insider information lead to a crazy surge is painful; if you buy, you might get stuck and unable to escape in the short term;

This is the situation that most friends in the circle have given me the most feedback about;

Case One:

Sister Q is a very successful KOL Agency, having established her brand and reputation in 2020, helping many projects build their related Chinese market, thus earning a considerable reward; if she had started buying Bitcoin with all her earnings in 2020, she would be super financially free now; however, Sister Q didn't believe in that, wandering between projects every day, and the insider information she received made her restless, eventually leading her to get involved personally. Initially, she bought spot, and after testing the waters, she found that making money was much easier than working hard in the Agency, so her confidence grew. She increased her bet from $1,000 on a cryptocurrency to $10,000, and then to $100,000. Suddenly, a piece of "insider information" took a sharp downturn, causing Sister Q to lose 80%. Feeling frustrated, she started to leverage to recover her losses and turned to contracts, and as everyone knows, Sister Q quietly exited the last bull market;

Case Two:

Brother P is a market connector for a large CEX, very capable and emotionally intelligent. We all liked him when we were together; he gave off a refreshing vibe. He seized the Gamefi opportunity in 2021, and at his peak, his assets were estimated to be around $20 million. I know this clearly because I met him in 2017 and have maintained a good relationship. Last year, he left the exchange, and at the time of his departure, he was not focused on work and was heavily in debt. In exchange marketing, it's very easy to come into contact with various market information and project details, so "insider" tips flew in like paper. After making some profits, Brother P started to let loose a bit. I had advised him several times to be cautious about insider information because I had been badly burned before, but until the pain hits home, one doesn't feel it, so Brother P continued on his path. "Insider information" can trap people; sometimes it unintentionally ensnares you, and sometimes it is deliberately designed to trap you. I believe Sister Q was misled by the project's promotional information; the project's goal was to offload, but Sister Q misjudged it as a signal to pump, thus getting trapped. However, Brother P encountered the latter; others set a trap to deliberately ensnare him; not for any other reason, but either because they thought he had money and wanted to design a scheme against him, or he unknowingly offended someone, and they wanted to get back at him. The crypto world is like the underworld; once you are "designed," it can be very hard to escape, as it is the claws of desire and fear!

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