2025-12-31 04:29:35

An interesting phenomenon worth noting: the performance of two companies, BitMine and Circle, has been underwhelming. According to data, BitMine has already been cut more than in half from its peak, with a decline of -82.77%; Circle's situation isn't much better, with a decline of -73.28%. Yet, these two companies' stocks have become among the top ten most purchased overseas securities by Korean investors this year. Among them, BitMine's popularity even ranks second, just after Alphabet.

What does this phenomenon reflect? Many people blindly follow the trend and never consider a key question: what is actually driving the rise and fall of prices? Take ETH as an example. If an analyst expects it to rise, but your holdings remain unchanged, it's worth asking yourself—was the expectation wrong, or is this just how the reality is? How many times in history have so-called "big influencers"' calls truly helped retail investors make money? Instead of chasing celebrity opinions, it's better to look at the market's actual response. Data doesn't lie, but what you choose to believe can indeed cause losses.

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DAOTruant

· 8h ago

Koreans are back to buy in again, this routine is really nothing new I stopped believing in big influencers' calls a long time ago, still buying after an 82% drop? FOMO can really drive people crazy Expectations and reality are too far apart, chasing highs leads to this kind of outcome The data is right there, yet some people still insist on throwing money in How is something like BitMine even in the top ten? Wake up, everyone Basically, it's gambler's mentality, losing money and still wanting to recover Looking at what big influencers say, it's better to check your own wallet The collective IQ drop of retail investors

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BearMarketSurvivor

· 8h ago

The little guys really love to chase falling prices, daring to buy even after an 82% drop. Who else has such a mentality? Influencers calling trades? Ha, how many retail investors have actually made money in history? They're all just destined to be harvested. Stop superstitions; relying on data is much more reliable than listening to stories. Following the trend is just brainless. Even BitMine is doing it, serves them right. Chasing gains and selling at dips is truly the worst strategy. Even Korean investors have fallen for it. Wake up, everyone. Market reactions are the real truth; everything else is noise. Why trust analysts? It's better to trust your own eyes when looking at the candlestick charts. This is the fate of retail investors; they are always the last to take the hit.

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CantAffordPancake

· 8h ago

Korean bro, are you bottom fishing or just gambling mentality? Buying even after a drop of over -80%? Big influencers' calls are like fortune-telling on the street; the more people believe, the more they profit. Chasing highs are all the latecomers; looking at the data is the real way. BitMine is so miserable yet ranks second; it’s really just people being foolish and throwing money around. Basically, it’s just leek farmers cutting each other, and those listening to analysts have never made money. Prices plummet and people still buy; I’ve seen this routine too many times. When following the trend, you never ask why; only regret when losing money.

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SleepyArbCat

· 8h ago

Are Koreans crazy? An 82-point drop and still in the top ten… It seems that the blind box investment strategy is truly everywhere. I never believe in big influencers' calls; I'd rather see how quickly my gas fees burn. The gap between expectations and reality is so big, no wonder retail investors are losing money. Buying the dip sounds nice, but it's really just gambling and blindly following… My wake-up time is limited, I'm going to sleep now. Circle and BitMine together? Korean retail investors are really aggressive in taking the hit this time. The data is right there, but some people turn a blind eye… A typical Wei Xiaobao investment method. -82% and still ranked second in popularity? You must be pretty good at fooling people. Don’t ask me why I don’t follow the trend; I can’t even keep track of my gas fees, let alone chase after big influencers. This phenomenon is just because they have too much money to burn, buying even when prices drop so sharply… Honestly, Uncle Mao, I just don’t understand.

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VirtualRichDream

· 8h ago

Koreans' moves this time are really outrageous. Still daring to buy after such a drop... I think most of them are being fooled by "experts." --- It's just the same old blind following routine. How come retail investors still can't learn? --- Big V's call? Ha, I stopped listening long ago. That thing is just a harvesting tool. --- -82% and still buying? Does anyone really have such courage? --- The problem is, most people don't look at the data at all; they only watch who shouts the loudest. --- This is called "smart money" retail version, hilarious. --- I have the most say on ETH matters. Expectations for this thing are even less reliable than stocks. --- Korean investors are really taking a heavy loss this time, but they kind of deserve it. --- The so-called top ten hype list is just a wind vane for harvesting chives. --- I just want to know if anyone has really made money from these big V's.

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MetaverseHermit

· 8h ago

Korean retail investors are starting to buy again, and this move is truly incredible... Dare to chase after an 82% drop, really treating money as if it’s not money. Believing half of what the big influencers say means losing half the time. This is how I see it. If following the trend could make money, it wouldn’t be called gambling. Before acting, you still need to look at the fundamentals. Circle is falling so sharply, and people are still buying? It shows that market sentiment is indeed at its peak, but this is not a good sign, friends. BitMine ranking ahead of Alphabet? Uh... you must be extremely blind to do something like that. The data is right there; it’s just a matter of choosing whether to look or not. The worst mindset is "everyone else is buying, so I buy too," which will most likely lead to being cut. Look at trading volume and actual fundamentals; don’t just watch price fluctuations and get impatient. Retail investors always buy at high levels. This has been the case throughout history and around the world.

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