A typical example of how everything in this industry is built on marketing and human emotions! When people talk about transparency, blockchain, and technology, these are just fancy words. Behind them, there's always the desire for profit, market manipulation, and emotional control through media channels.
Take the listing of XION on the HTX exchange as an example. Let's imagine I'm a trader who uses HTX because it's convenient for me. I receive a notification that the XION token has been added to the exchange, and an alert pops up on my phone. The token experiences a crazy rally after listing +790%! WOW! I might think.
If I have trading experience, I could reason that after such a successful listing and massive price spike, it makes sense to open a short position. Even using the IAP strategy, I could have shorted it, expecting a significant price drop. That’s the logical move.
If I were a beginner, however, I might rush to buy the token, hoping to make a quick profit. Now, who is closer to making money? The second option!
Why? Because that +790% is just an artificial pump by HTX. XION has been trading on other exchanges for about six months already. Using the IAP model, we reached areas of interest, and looking at the overall chart, there was no real 790% growth—just a 10% increase at the time of the listing. On all other exchanges, XION was trading in the $0.80–$0.90 range.
So why did HTX decide to show their users a listing price of $0.10? It's unclear! Most likely, just to create the illusion that all new listings on this or any other exchange show insane gains. "Trade with us, we always have opportunities, the market is always green," and so on.
This industry really resembles a semi-legal online casino. That’s why you need to filter all information from crypto influencers, exchanges, projects, and so on. The only real information is displayed on the charts!
A typical example of how everything in this industry is built on marketing and human emotions! When people talk about transparency, blockchain, and technology, these are just fancy words. Behind them, there's always the desire for profit, market manipulation, and emotional control through media channels.
Take the listing of XION on the HTX exchange as an example. Let's imagine I'm a trader who uses HTX because it's convenient for me. I receive a notification that the XION token has been added to the exchange, and an alert pops up on my phone. The token experiences a crazy rally after listing +790%! WOW! I might think.
If I have trading experience, I could reason that after such a successful listing and massive price spike, it makes sense to open a short position. Even using the IAP strategy, I could have shorted it, expecting a significant price drop. That’s the logical move.
If I were a beginner, however, I might rush to buy the token, hoping to make a quick profit. Now, who is closer to making money? The second option!
Why? Because that +790% is just an artificial pump by HTX. XION has been trading on other exchanges for about six months already. Using the IAP model, we reached areas of interest, and looking at the overall chart, there was no real 790% growth—just a 10% increase at the time of the listing. On all other exchanges, XION was trading in the $0.80–$0.90 range.
So why did HTX decide to show their users a listing price of $0.10? It's unclear! Most likely, just to create the illusion that all new listings on this or any other exchange show insane gains. "Trade with us, we always have opportunities, the market is always green," and so on.
This industry really resembles a semi-legal online casino. That’s why you need to filter all information from crypto influencers, exchanges, projects, and so on. The only real information is displayed on the charts!
You certainly do.