$PIPPIN #大户持仓动态 Recently, someone started complaining about the fee issue for funds in altcoins and decided it was worth discussing this thoroughly.

Honestly, high fees for funds in altcoins are actually logical. Because many major players in the market prefer to open short positions with 1x leverage and hold them to prevent liquidation — after all, there is a consensus that altcoins will eventually become worthless. So why would small traders play in a bullish market? High fees for funds are precisely designed to balance the sentiment of these large players who are “lying in wait for the wipeout.”

I admit that market manipulation by large players in altcoins does happen. But it’s not only in altcoins — major cryptocurrencies also experience similar situations, just with less obvious methods. When you realize you are being manipulated, the smartest move is to lock in losses, reduce your position, exit and observe, or immediately open a short position — admitting defeat and stopping losses is never considered shameful.

I have my own experience. When $PIPPIN cost 0.09, I started a short position, and eventually, large players “ate me up,” and I suffered losses. At that time, I had an obsessive idea that “ultimately, altcoins will become worthless,” and I held on with all my might.

Lately, the crypto world has been quite noisy — some big traders are arguing, others — large players are hunting small ones, and it’s also possible that all this is a setup by the big players. In any case, it’s interesting to watch.