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$HYPE I've always said hype is an altcoin, because the founding team has ⚠️high control over the supply⚠️. With high control, they can freely control the price up and down!
With this whale in the screenshot, if he isn't liquidated, how could it ever drop?
Know why the whale set up a buyback plan? If they don't pump it many times and create hype, 99% of retail investors won't pay attention to this coin! If no one pays attention and few people trade it, how can the whale harvest them?
Pumping, creating hype, buyback plans – all of it is aimed at luring retail investors into the game!
Once you're in, human weaknesses – greed, loss aversion – kick in: when you lose, you want to average down; often you make a little profit, then a single wave takes back everything including principal.
The whale is playing an open scheme at the highest level. Even if you know all his tricks and realize it's a trap while you're in it, it's still hard to walk away – no matter if you're a psychologist or a mathematician!
Capital has enough money and patience to cultivate a gambler's mentality in retail investors. You might be right 99 times, but they only need to be right once.
In reality, all coins are the same damn trick – the only difference is that mainstream coins last longer: years or decades; altcoin cycles are short: weeks or months.
When it comes down to it, it's just a string of code, a string of air, a short-term tool! What fucking value? It's all propaganda the whale tells you. When fewer people are playing, the whale can dump it anytime and start pumping another coin.