Overly trusting technical indicators and suffering losses is called self-harm. But more frightening are those who exploit investors' trust in technical analysis to make money and harm others.
These two harms are entirely different in nature. The first has limited and controllable losses; the second is large-scale and severe, almost unacceptable.
Technical analysis itself has no soul; it is merely a tool without subjective intent to harm anyone. But people are different. Some are skilled in this area, deeply understanding the weight of technical analysis in investors' minds, knowing how to use it as a cover, donning the guise of "professional analysis," and carrying the halo of "authoritative figures" to amass wealth. This is the so-called "fox assuming the tiger's might"—using the name of technical analysis to carry out illicit activities.
To make this trick successful, the first thing to do is: strengthen your trust in technical analysis. This is the foundation of the entire scheme. They will spare no effort to cultivate this trust, gradually deepening it until you follow their analysis unquestioningly.
But that's not enough. They will also deliberately exploit another side of you—the desire to make money. The impatient mindset to get rich quickly, the urge to take shortcuts, ignoring suspicious signs, the thrill when tempted... They leave no human weakness unexploited. They use carefully crafted language and guidance to target your most vulnerable spots, stimulating your greed, anxiety, and luck-driven psychology to the maximum.
All these factors together form a perfect harvest. Every time, it’s as precise as if by design.
This scene repeats constantly in reality. In the past, TV channels were full of stock and cryptocurrency analysis shows because such content is particularly attractive. And the so-called analysis methods promoted by these shows often cannot withstand scrutiny. Times change, but this act continues to play out.
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TokenSleuth
· 12h ago
To be honest, those signal providers are more professional than scam groups nowadays. I knew I should have run when they started reciting indicators by the book.
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CryptoSurvivor
· 01-08 15:19
Wake up, those big V analysts make a living off this set.
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GateUser-40edb63b
· 01-08 03:01
Well said, that's why I don't trust those "tech masters" who pop up every day.
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SudoRm-RfWallet/
· 01-08 03:00
Basically, it's just a rat with a different skin. Technical analysis has become just a cover.
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ReverseFOMOguy
· 01-08 02:56
That's right, it's the same old trick, just on a different platform to continue scamming.
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TaxEvader
· 01-08 02:51
Exactly, this trick is just to trap people who are eager to get on board. Everyone I know who got caught up in it is blindly trusting in golden crosses and death crosses.
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SilentObserver
· 01-08 02:50
Basically, it's the relationship between newcomers and the seasoned players—hard to guard against.
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MemeEchoer
· 01-08 02:33
Basically, it's an IQ tax; those "big V analysts" are just feeding on retail investors' greed.
Overly trusting technical indicators and suffering losses is called self-harm. But more frightening are those who exploit investors' trust in technical analysis to make money and harm others.
These two harms are entirely different in nature. The first has limited and controllable losses; the second is large-scale and severe, almost unacceptable.
Technical analysis itself has no soul; it is merely a tool without subjective intent to harm anyone. But people are different. Some are skilled in this area, deeply understanding the weight of technical analysis in investors' minds, knowing how to use it as a cover, donning the guise of "professional analysis," and carrying the halo of "authoritative figures" to amass wealth. This is the so-called "fox assuming the tiger's might"—using the name of technical analysis to carry out illicit activities.
To make this trick successful, the first thing to do is: strengthen your trust in technical analysis. This is the foundation of the entire scheme. They will spare no effort to cultivate this trust, gradually deepening it until you follow their analysis unquestioningly.
But that's not enough. They will also deliberately exploit another side of you—the desire to make money. The impatient mindset to get rich quickly, the urge to take shortcuts, ignoring suspicious signs, the thrill when tempted... They leave no human weakness unexploited. They use carefully crafted language and guidance to target your most vulnerable spots, stimulating your greed, anxiety, and luck-driven psychology to the maximum.
All these factors together form a perfect harvest. Every time, it’s as precise as if by design.
This scene repeats constantly in reality. In the past, TV channels were full of stock and cryptocurrency analysis shows because such content is particularly attractive. And the so-called analysis methods promoted by these shows often cannot withstand scrutiny. Times change, but this act continues to play out.