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The path of chain sweeping may seem simple, but in reality, the probability of success is disappointingly low. I have been engaged in chain sweeping trading for over three months, only making some money during the wave in October. Most of the time, I have been losing—losses ranging from thousands to tens of thousands of dollars occur frequently.
What is most confusing is those KOLs who post daily on social media claiming to be profitable every day and steady every month. Honestly, it's hard not to doubt the authenticity behind these claims. How many of the success stories from top traders and community builders are truly genuine? And how many are just to attract retail investors to enter the market, making us the bagholders?
By comparison, when I was building communities before, although the income was not much, I could at least cover basic living expenses. As for the "high returns promise" of chain sweeping trading, it currently seems to be just a pretty facade.