#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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The key issue is "user education".
Web2 users jumping directly into Web3 projects have an inherent educational gap.
The web2 users mentioned here also include users who only trade coins within the exchange.
These people don't understand LP at all, withdrawing liquidity, the flow of funds on the chain, low circulation with multiple addresses and high control. They have no way to judge this and can only pray that the exchange's listing review process is strict enough so that only good projects are listed.
At the beginning, you can easily earn 200u just by using the simple mode to interact. You can enjoy this for a month without needing to understand anything; just study how many new rules alpha has added. Users have never really understood how much the volatility of the tokens can be and how exaggerated the drops can be.
These newcomers have completely lacked the general education of trading cryptocurrencies, have never lost money, and have not experienced extreme volatility. They think that earning easy profits carries no risk, which leads to their cognitive disconnect while they rush into alpha and frantically increase their volume. As a result, they ended up getting heavily cut.
Do the people who teach you to play with alpha not know about the volatility of tokens? Of course they do. But will they teach these things in their tutorials? No, because these are basic concepts in the crypto world; if you enter the space, you should understand them. If you don’t, then you’re the fool.
Now it's good, you easily took money from someone else's pocket, but didn't realize that you were pushed up on the scaffolding yourself.