There is an interesting phenomenon: many market analysts and KOLs publicly sing bearish about a certain coin or predict that the market will be "bloodied," yet they quietly build a position themselves. James Wynn's operations are a living textbook case.



These matters may seem like personal credit issues, but in reality, they harm the overall information efficiency of the market. When retail and institutional investors cannot determine who is telling the truth, the reference value of information is significantly reduced.

So the key is: never take anyone's statements as the sole basis for decision-making, no matter how prestigious the other party's name may be. Market commentary can serve as supplementary information, but ultimately it depends on your own analysis and risk management. Regulators and investors need to remain vigilant about such inconsistent behaviors; otherwise, the trust foundation of the crypto market will only become more fragile.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
DegenDreamervip
· 12-23 04:58
This is the unspoken rule in the circle, shouting empty-handed while buying the dip, an old trick. --- James Wynn plays this dual persona so smoothly, I bet five bucks this isn't the first time. --- To put it bluntly, it's about information asymmetry; we're listening to stories while they’re counting money. --- Every time being played for suckers by KOLs, when will we learn our lesson? --- Anyway, I now have to think in reverse when listening to KOLs; nine times out of ten, they're trying to deceive you. --- This is ridiculous, one set of rules in public and another set in private, and they still have the nerve to act as analysts.
View OriginalReply0
LayerZeroJunkievip
· 12-23 04:53
This is why I never blindly follow anyone; no matter how big the name, I have to verify it myself. --- James Wynn's recent move is treating everyone like fools, tough on the outside but soft on the inside. --- To put it bluntly, it’s information asymmetry; retail investors are always the ones being taken advantage of. --- I just want to ask, are there many KOLs like this, or just these few RATS? --- Seriously, trust is valuable in the market, and they are shattering that trust. --- So you still have to do your own homework; listening to more nonsense can't replace a complete risk model. --- This kind of face-slapping has become the norm; who still believes what these people say? --- I suggest the crypto market implement a blacklist system, directly banning those who are inconsistent in their words and actions. --- Given the situation, you have to rely on your own eyes and brain; don’t expect the market to have a conscience.
View OriginalReply0
MEVSandwichvip
· 12-23 04:49
Bearish Build a Position, this trick has been played out, how can there still be people who believe it? What they say is completely Reverse from what they do, a typical Be Played for Suckers textbook. James Wynn got caught, how embarrassing. Listening to a celebrity? It's better to listen to your own brain. With such serious information pollution, how can retail investors survive? Don’t blindly trust titles, in the end, you still have to look at the charts yourself. These people just rely on information asymmetry to Clip Coupons, it’s outrageous. That’s why I never do copy trading, no matter how big the KOL is, I still have to verify it myself. There are many people whose words and actions don’t match, that’s how the encryption circle is, just get used to it. That’s why I only trust data and on-chain information, human words are the least valuable.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)