麦总这些观点我还挺认同的，不过做空这里，我会感觉反而是逐仓高倍杠杆空一些小币会好很多，因为一旦空军变多，小币庄又会去爆空教育空军一旦向下的流动性不够了，向上的流动性太多，资金操纵就会往上，除非彻底没人玩了这里的低倍杠杆更适合主流大币种憨厚的麦总 (@Michael_Liu93):写篇“熊市生存手册”，每个都是我自己吃过亏教过学费，到现在仍然记忆犹新的，做到这些至少会让你避开大的坑，保证你活下来，希望你能谨记。1. https://t.co/ywgNnEEvRU ...

Cryptocurrency Market Analysis - The author claims expertise in trading small-cap cryptocurrencies, citing high win rates [1] - The author removed COAI from their watchlist on October 18th after its second decline, viewing it as a risky investment [1] - The author considers trading COAI similar to engaging in high-risk behavior with minimal potential gain [1] - The author suggests that the initial profitable phases of trading certain cryptocurrencies, like MYX and COAI, are over [1] Risk Assessment - The author implies that some cryptocurrency projects are akin to "民工找鸡" (migrant workers seeking prostitutes), suggesting low quality or high risk [1] - The author warns against investing in projects with potentially detrimental outcomes, comparing it to contracting a disease [1]

.....第一波第二波第三波一句话不提。平时也不玩小币的kol。现在满屏幕发coai的广子？？？还全是什么融资4000万刀，持仓大，给你正经的画图，然后喊你做多。币圈现在真是畜生集中地，为了钱啥都干的出来。不管coai后续反弹不反弹，还去玩这个都是脑残。小币只有第一波和第二波适合玩。 ...

Cryptocurrency Investment Strategy - The cryptocurrency market suggests avoiding small-cap coins during major market downturns, as those that don't decline are likely manipulated by market makers [1] - The cryptocurrency industry emphasizes the importance of identifying small-cap coins with strong market makers to capitalize on price volatility [1] - The cryptocurrency market warns against investing in small-cap coins without market makers or with weak market makers, as their low market capitalization is often justified [1] - The cryptocurrency market indicates that selecting small-cap coins based solely on market capitalization ranking is outdated [1]

Project Operation & Risk - The project team of Rvv has been continuously withdrawing funds from the liquidity pool [1] - The project team is suspected of continuously transferring out locked tokens, initially claimed to be locked with a market value of 8 million [1] - The project team's actions are described as blatant and undisguised fund withdrawals [1] - The author lost $100 thousand in this project [1] - The author expresses strong disapproval of the project team's behavior, characterizing it as exceptionally shameless [1] - The author believes the value of the project is zero [1][3] Exchange Response - The exchange (Binance) is criticized for not taking action against the project team's fund withdrawals [2] - The exchange is perceived as prioritizing its reputation over addressing the issue [2]

Risk Management - The industry emphasizes the importance of avoiding cyclical loans, even when annualized returns on the chain are 100% [3] - The industry suggests that current market conditions are often designed to target arbitrage strategies due to the large capital and positions involved, making it difficult to replenish margin or reduce positions quickly enough [3] - The industry warns against underestimating the complexities of financial management, especially in 2025 [3] Trading Strategies - The individual previously separated trading positions from arbitrage positions for clarity [1] - The individual's previous strategy involved simultaneously buying 1,000 units and shorting 900 units for arbitrage and long positions [2] - The individual's current strategy involves buying 1,000 units and shorting 1,000 units, with a separate account holding a long position of 900 units [2] Market Observations - The individual's smaller account, primarily used for trading smaller cryptocurrencies with moderate leverage, experienced significant losses due to the near-zero value of many of these cryptocurrencies [2] - The individual failed to replenish margin during a market downturn [3] - The industry notes that USDT interest rates exceeding 12% would have resulted in even greater losses [3]

Market Manipulation & Trading Strategies - Prior to 2021, retail investors primarily engaged in long positions, freely utilizing high leverage in altcoins [1] - By 2022, retail investors began shorting, leading market makers to manipulate altcoin prices by pumping them to induce short positions and then continuously raising spot prices [1] - As of 2025, with retail investors aware of the risks of shorting altcoins, market makers have shifted to exploiting arbitrage opportunities [1] Risk Management & Liquidation - Large-scale liquidations, such as the "pumpbtc" event, exemplify the risks of arbitrage, where a significant price surge led to substantial losses for leveraged traders [1] - Market makers are allegedly targeting large accounts with substantial margin to trigger liquidations by manipulating prices [3] - Even with high leverage (e g, 100x), smaller accounts can manage risk by quickly cutting losses, but larger accounts face challenges in reducing positions due to the potential for accelerated price movements and targeted liquidations [3] Examples of Exploitation - Examples of arbitrage exploitation include Hype on XPL and Seraph on Bybit [2]