Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
Talking with a few old crypto friends, about projects like EtherPOAP, PFPAsia, and HSK, their套路其实一样——拉盘卖出，事后就没人管了。确实让人无语。
To be honest, most people who have been in the crypto space for a while have suffered this kind of loss. I myself have been burned before. When HSK was riding the wave of projects like CRCL, I didn't keep a steady mindset and rushed in, only to end up getting cut. That feeling still makes me a bit angry when I think about it now.
On the other hand, why doesn't the Hong Kong team prefer to go through Hong Kong's compliant channels? This question has been on my mind. Plus, with the recent incidents at the Xinjiang mining farms, the overall voice of the domestic crypto ecosystem has indeed been declining. The previous narrative hype is gone, and the ecosystem's vitality has also decreased, which is somewhat regrettable.
I'm also watching the HSK wave, a bunch of people go in and never come out.
That's why I now have to ask first when looking at projects from Hong Kong teams: Are they compliant?
That's just how the crypto world is; once the hype dies down, it's all air.
If I had known it would be this cutthroat, I wouldn't have just followed the trend blindly.
The domestic ecosystem is indeed much quieter now, which is quite unfortunate.
Pump and dump, sell out, then disappear—I've memorized this process.
I can see through these kinds of projects at a glance now; they're just Photoshop jobs.
Honestly, I still have lingering fears, but every setback is a lesson learned.
---
Same old tricks again, tired of it
---
I was also involved in that HSK wave, and thinking back now, it was really brainless
---
Compliance? Ha, they don't want to comply at all
---
It's really a pity that the domestic ecosystem is going downhill like this. Where did the former enthusiasm go?
---
Nine out of ten crypto friends got wrecked, and the remaining one is just waiting for the next one
---
It's outrageous that the Hong Kong team plays this way. Why do they have to hide and sneak around?
---
I understand that feeling; it makes me furious every time I think about it
---
The most frightening thing about ecosystem decline is that no one trusts anymore. Once trust is gone, it can't be regained
---
Disappear after pulling the rug, this whole crypto scene is really rotten to the core
I was also involved in that HSK wave; just thinking about it makes me angry.
Why not operate compliantly? Hehe, what do you think?
After taking the profit, they block you; this is the true principle of the crypto circle.
It's all like this; I'm used to it now. It's just that the cuts are now more aggressive.
I almost got on the HSK train too, luckily I got out quickly
Compliance? Ha, they don't really want to do it properly
This ecosystem is indeed cooling down, even the narrative is gone
How many projects are played like this...
Just thinking about it makes me angry, how many people got cut
The Hong Kong team is no exception, all the same attitude
The once-hot popularity really can't come back
It's easy to rush in, but coming out alive is the real skill
Really, once they finish pumping, they vanish into thin air. They've been using this tactic for so many years, and people still fall for it.
What is the Hong Kong team thinking? Is compliance so difficult, or have they never considered it at all?
Getting cut has become a daily routine, I've long since gotten used to it.
I was also involved in that HSK wave, and I get angry just thinking about it now.
Compliance? Haha, they wouldn't be that honest.
The domestic ecosystem indeed isn't as hot as a few years ago, it's a pity.
Pulling the market up and then selling off, how many years can this routine last?
Each time it's the same group of people changing their aliases, I don't believe you.
If your mindset isn't stable, you'll get cut again; this is a painful lesson.
The Hong Kong team doing this should be investigated, it's not at all unfair.