After playing in the cryptocurrency circle for a long time, one will definitely discover a particularly realistic rule: institutions take money and leave with a smile. Retail investors stand guard and cry while receiving orders. When those top institutions enter the market, they are very low-key and sweep away their chips at extremely low prices when no one is paying attention. Then they started working. Starting to hype up various research reports, such as the next generation public blockchain, revolutionary technology, trillion dollar track cornerstone, and big shot platform, the community atmosphere is full, and if you don't buy it, you'll miss out on a billion. At this point, prices continue to rise and emotions are completely ignited. Watching the K-line rise all the way and not enter the market, I felt itchy in my heart. Finally, at a certain moment of correction, I rushed in. Then I realized, why can't it keep rising? Why did it start to decline? How come all the good news is useless? Brother, because the institution has already started selling in batches when you rushed in! Their cost may be 0.05U, which is already 10 times higher than 0.5U, and 20 times higher than 1U. What more tokens do they need? What they want is a real and beautiful knife! It's profit! It's the return of LP! Who did they sell the tokens to? Isn't it you and me who rushed in late and listened to stories? I thought I was buying potential for the future, technology; In the eyes of institutions, it is just a financial product that they have carefully packaged and prepared to sell to retail investors. When they have distributed enough chips and finished telling the story, it's time for the value to return. The market plummeted, leaving retail investors holding shrinking dream tokens in their hands, chaotic in the wind, while comforting themselves: It's okay, I'm a value investor, taking the long term. Several altcoins are particularly useful examples! This is the most blatant game rule in the cryptocurrency industry: ·Primary market: playgrounds for institutions, scientists, and whales, responsible for sowing and nurturing. ·Secondary market: The wheat fields harvested by institutions and project parties, we individual investors, are the leeks waiting to be harvested. So, next time you see a groundbreaking project, calm down and ask yourself three questions: What is the cost of the institution? 2. At which stage are they currently in? Is it fundraising, buying or distributing? 3. Am I going in to cut someone or become a receiver? By understanding these points, one may be able to survive a few more cycles in such a cruel market. To sum up, don't talk about emotions with projects, don't talk about faith with institutions. In this arena, making money is the only consensus, while most others are stories. (Of course, what I said may be a bit absolute, but my words are rough and reasonable. Everyone understands. Protect your capital, brothers!)