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DoomPosting
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Degens Deteriorating
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What finally killed the crypto non-holder perp day trading scam?

= onchain perp exchanges like Jupiter and Hyperliquid

Which finally exposed that virtually everyone but the house was massively losing money on perps trading, and especially those who did more than just a few trades

Crypto perps trading was the biggest scam of the cycle, and now finally it’s all starting to be exposed

Finally

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“But you just have to learn to take profits!!!”

STFU you absolute scamming retard POSes

NO, fking no, you fking idiots

Knowing when to “taking profits” in day trading, in a way that doesn’t guarantee you get wrecked, is equally hard to knowing when to buy low

“Just learn when to take profits”, in day trading, is absolute scam advice pretending to be legit advice,

In the same way that “just buy low and sell high bro” is fake advice pretending to be real advice

— As the onchain perps exchange data finally proves

There is no “just learn to take profits and then you’ll do well”

Essentially EVERYONE on the perps exchanges is getting wrecked

“Take profits” has always been fake scam advice, passing itself off as real advice, that AFAIK no one else has ever even called out for what it is

No, do not just “learn when to take profits”

Stop perps day trading entirely, and instead shift to completely different choose-well-and-hodl-based strategies

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DoomPosting
“But you just have to learn to take profits!!!” STFU you absolute scamming retard POSes NO, fking no, you fking idiots Knowing when to “taking profits” in day trading, in a way that doesn’t guarantee you get wrecked, is equally hard to knowing when to buy…
When you download the perps trading data for everyone, which is all onchain now, for anyone to download, thanks to Jupiter & Hyperliquid

— You see that essentially EVERYONE who traded more than a few times has a chart that looks like this

A bit up… and then just totally reckt and never recovers

Same chart virtually every single time

The time for denial is over

It’s all onchain now

Perps are evil

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Forwarded from DoomPosting
And then once you run the numbers for everyone else, using the on-chain data,

You find that virtually everyone else is in the same position

Virtually everyone down bad, and especially those who’ve made more than 10 trades

There are no winners in perps, except the house

Perps are much worse than gambling

Stick to other kinds of investing

Andrew Tate’s current Hyperliquid Stats

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