2025-12-26 19:23:05

Many people compare ADA's performance to altcoins, thinking that at least altcoins' rises and falls are straightforward, and they can have a clear idea of when to run. But ADA's issues might be more hidden—many were persuaded to buy at prices like 3U, 8U, and ended up buying more as the price fell, completely unaware of where the other side's chips are coming from.

For example, suppose you invested 10,000U at the current price and the price drops by 50%, leaving your account with 1,000U. It sounds terrible. But from another perspective, the other side had already accumulated positions worth tens of thousands or even hundreds of thousands of U at a price of 0.03. Under the same decline, their unrealized gains and risk tolerance are on a completely different level.

This is why there are always calls to bottom out, and why trading volume becomes more active as prices fall—because the distribution of chips has been unequal from the start. New retail investors entering the market have no cost advantage and are only destined for passive holding. In this situation, the phrase "believing in the project" becomes particularly hollow.

ADA0,13%

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digital_archaeologist

· 1h ago

Wake up, stop taking over, the chips have already been distributed.

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SybilSlayer

· 12-27 10:32

Damn, it's the same old story. The big players have already won in the end.

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Token_Sherpa

· 12-27 05:10

ngl this is just ponzinomics with extra steps... the cost basis asymmetry always wins, every single time.

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DefiPlaybook

· 12-26 19:48

This is a typical information gap to trap retail investors. Big players have already gotten on board and are waiting to offload their positions. The more it drops, the more you buy, which is a trap. The cost of 0.03 and 8U are on completely different levels. "Trust the project"? Brother, this is a signal that the story has already been told. Just look at the on-chain data, and you'll see that the chips are no longer in retail hands. Actually, ADA is now just a game of holding coins and waiting to die. If you don't have a cost advantage, don't bother messing around. Whoever calls the bottom in this wave is just helping the big players lift the cart. Be aware of that. Really, the more active a coin is, the more cautious you should be. That's the big players absorbing the chips.

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WhaleInTraining

· 12-26 19:47

It's the same old chip argument again; understanding human nature is the biggest chip.

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bridge_anxiety

· 12-26 19:47

I just said, retail investors shouting bottom here, they've already laughed to death.

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defi_detective

· 12-26 19:36

That hits too close to home. For us who entered later, we're just destined to be the chopped leeks.

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MoneyBurnerSociety

· 12-26 19:29

I knew it, ADA's gameplay is just the art of boiling frogs in warm water. Altcoins at least kill you outright and catch you off guard. This thing is slowly wearing down your mentality. People who buy more as it drops clearly haven't figured out who they're betting against. How can you win with a tenfold difference in cost basis? "Believing in a project" is indeed a huge joke. If you don't have the chips, don't talk about those trivial things.

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