Many novice traders like to follow KOLs for signals, but few people consider a question: when a KOL opens a position themselves, their first reaction is to protect their own principal; but once they start providing signals and earning commissions or sharing profits, their priorities completely change. At this point, the only thing in their mind is—how to attract more attention and get more people on board.
Can you imagine? Under this profit-driven motivation, will your fund safety still be within their considerations? The answer is quite sobering.
What's more ironic is that no matter the outcome, they win. If they make a profit? They showcase their achievements to attract the next batch of newcomers. If they lose? They switch to new tricks and continue harvesting. They are always optimizing their ways to make money, never truly aiming to become reliable traders.
To put it simply, some have transformed from traders into businesspeople who harvest the little guys, and the vibe has completely changed.
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CafeMinor
· 8h ago
Really, I've seen too many of these tricks... Following others is just gambling on the character of the KOL, I can't afford to take that risk.
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MEVvictim
· 23h ago
Bro, after following so many KOLs for signals, have you ever thought that they don't really care whether you lose or not... as long as they get their commission, it's all good.
Once you see through it, it's no fun; it's all the same old套路business.
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LuckyBearDrawer
· 23h ago
Ah, that's so true. I'm already tired of this routine. Following it has been a complete loss.
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SerumDegen
· 23h ago
ngl this hits different when you've already been liquidated following some "alpha leak" from a blue checkmark... the incentive misalignment is literally written into their business model at that point. once the commission structure kicks in, your stop loss becomes their growth hacking strategy, fr fr.
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CounterIndicator
· 23h ago
Exactly right, I've seen too many of these. The moment they start leading trades, people change. In front of profit, everything is just fleeting clouds.
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BloodInStreets
· 12-29 18:37
That's why I never follow others' trades; I prefer to protect my hard-earned money myself and feel at ease.
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NFTregretter
· 12-29 18:33
Honestly, this is the truth of the crypto world. How many people have fallen here?
Watching them show off their trades every day, only to realize later that they are just the little guys being harvested.
It's about time to see clearly that the KOL approach is just a business, with no morality involved.
These words hit the heart, but they are indeed worth listening to.
Many novice traders like to follow KOLs for signals, but few people consider a question: when a KOL opens a position themselves, their first reaction is to protect their own principal; but once they start providing signals and earning commissions or sharing profits, their priorities completely change. At this point, the only thing in their mind is—how to attract more attention and get more people on board.
Can you imagine? Under this profit-driven motivation, will your fund safety still be within their considerations? The answer is quite sobering.
What's more ironic is that no matter the outcome, they win. If they make a profit? They showcase their achievements to attract the next batch of newcomers. If they lose? They switch to new tricks and continue harvesting. They are always optimizing their ways to make money, never truly aiming to become reliable traders.
To put it simply, some have transformed from traders into businesspeople who harvest the little guys, and the vibe has completely changed.