Crypto circles are shouting "Lost everything" every day. But think about it carefully, did those funds really disappear out of thin air? Certainly not—they just flowed into other people's pockets.

**Exchanges, of course, don't need to be mentioned.** You buy one lot, they take a fee; you close your position, they take it again. When you get liquidated, they celebrate with screenshots in the background; when your account doubles, they’re still sipping coffee—anyway, profit and loss have nothing to do with them.

**What about project teams?** They put out a white paper, tell a convincing story, and when new coins are issued, the price rises as "the community recognizes our vision," and when the price falls, it’s "you didn’t understand the project’s value." All just talk.

**KOLs and influencers** are even more incredible. Market ups and downs don’t matter to them; what they care about is traffic. Bull market comes: I already said so. Bear market comes: I warned everyone long ago. Membership fees, advertising fees—they keep collecting without missing a beat.

**Market makers and liquidity providers** aren’t predicting the market at all; they’re creating the market. The support levels you see? They draw them. The breakout points you believe in? They’re signals for them to dump.

**The last small group of truly systematic people**—they don’t post in groups, don’t show off profits, live like transparent people. Those who really make money have no time to argue online.

The posts you see saying "Everyone lost" are actually just because those who made money have long since cashed out and run away. They never post.