2026-01-10 01:26:56

Yesterday I saw a buddy leverage 10x into a hot coin. Before opening the position, he was firm: "This wave is definitely going up." After a big bullish candle, he didn’t hesitate—went all in. And what happened? Ten minutes later, the price plummeted, and his account was wiped out. He stared at the screen in a daze: "The direction is definitely right, why did I lose all my money?"

I told him: what you entered isn’t the market at all, but a script tailored for you by others.

In this circle, many get liquidated, but the real reason often isn’t technical. The manipulators dissect human weaknesses—greed, fear, herd mentality, overconfidence—each one becomes a password for withdrawals.

**The manipulator’s tricks aren’t that complicated; it’s just three steps: build position → pump → dump**

The most testing phase is the building stage. The manipulators usually enter when the market is most pessimistic—retailers are cutting losses, news is everywhere, people are panicking. They create panic, suppress the price, then accumulate at low levels. This is called "retail panic moment, the perfect time for manipulators to enter."

The pump phase is insanely fast. Good news comes one after another, candles shoot straight up, and follow-up traders swarm in. Retailers who think they’re smart and have spotted the trend are actually just helping the manipulators "carry the sedan chair." They even feel good about it.

The most dangerous is the dump phase. The manipulators will make the market look super prosperous—media hype, community hype, influencers endorsing. The goal is clear: the more people they get to buy in, the better. They’re not afraid of you making money; they’re afraid you won’t keep playing.

Most liquidation stories are already doomed during the dump phase.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
6
Repost
Share

Comment

0/400

BasementAlchemist

· 01-10 01:57

Tenfold leverage all-in, this guy is really daring, but to be honest, this is a premeditated trap. The direction is correct, but the money is gone—that's outrageous. Exploding in ten minutes? The dealer's reaction speed is indeed fast. I just can't understand why so many people still follow the trend and play this game. Building positions to pump and dump, that's true, but why are retail investors so easily fooled? In this circle, smart people have already transferred their money out. Watching it all makes me suffocate; playing with tenfold leverage really tests the heart. Greed, fear, herd mentality—each one is a cash machine, we're just ATMs.

View OriginalReply0

GasFeeCry

· 01-10 01:54

Tenfold leverage and still going all-in, this guy is really ruthless, just a bit reckless. To put it plainly, he's been cut off; who asked him to be the bag holder? The direction was right, but the money is gone? Laugh out loud, that's the charm of crypto—funding schemes never lie. It's the same pattern of building positions, pushing up, and then dumping. I've heard this so many times, yet people still fall for it. I'm truly convinced. Ten-minute liquidation, when did it become so urgent to play? Still, it's a matter of mindset.

View OriginalReply0

CountdownToBroke

· 01-10 01:49

Hitting ten times and going all-in, still able to speak, this guy's luck is pretty good. It's the same old story again, greed is truly the original sin. Leverage is just a machine that charges for human nature. The worst thing is thinking you're smart when, at that moment, you've already been half eaten. Knowing through it all is useless; the next wave still requires getting on board, it's fate. This phase of selling off should be coming soon, all kinds of voices are emerging. Basically, it's a gamble on whether you can run faster than the house.

View OriginalReply0

BrokenDAO

· 01-10 01:39

No matter how correct you are, it doesn't matter. The key is that this system itself is designed to scam you. Building positions to pump and dump is a repeatedly validated incentive distortion mechanism—retail investors' "seeing it clearly" is always part of the mechanism, not an exception.

View OriginalReply0

AltcoinHunter

· 01-10 01:37

Tenfold leverage all-in, this guy probably wants to achieve financial freedom in one step, but ends up heading straight for financial suicide. The direction was right, but the money is gone—that's the most ironic part of the crypto world. No matter how perfect the technical analysis, it can't withstand a single dump by the market maker. We retail investors are just stepping stones for them. The most frightening thing about seeing through this trick is still playing along, haha.

View OriginalReply0

SignatureLiquidator

· 01-10 01:33

Tenfold leverage all-in, this guy is really a brave warrior, just a bit too reckless. The direction is right, but the people are gone. That’s the most ironic thing in the crypto world. Endless harvesting of retail investors, in plain terms, it’s because human nature is too easy to manipulate. Seeing through this trick is actually useless, because next time you'll still fall for it. The prosperity during the dump phase is the most deceptive, but you just can't tell. Most people have tried all-in, and then 99% of them regret it.

View OriginalReply0