2026-01-14 16:50:31

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.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes

Reward
7
4
Repost
Share

Comment

0/400

RugPullAlarm

· 22h ago

On-chain data can lie, but wallet addresses never do. I’ve tracked the fund flows of those KOLs. Guess what? For comrades who lost tens of thousands in three months, I suggest checking whether the contracts you traded have been audited. Nine times out of ten, it’s a routine of slippage + robot sniping.

View OriginalReply0

CrossChainBreather

· 22h ago

Let me ask a question first: do those KOLs who post daily reviews really make money on every single trade? I feel like they are just posting the profitable ones. Sweeping chains, to put it simply, is a game of probability. If you're lucky, you can make money; if you're unlucky, you'll take the loss. I lose tens of thousands of yuan every day, I've been through it too, and now I don't touch it anymore. Honestly, when I was involved in the community, even though the income was small, I felt at ease. Now, constantly being on edge like this is really not worth it. Just listen to the KOL stories, even half of them are not trustworthy. It's a human weakness—always wanting to find a quick way to get rich. And what’s the result? Sweeping chains is a beautiful trap. I see through it now. It's basically gambling—if you guess right, you're a genius; if you guess wrong, you're just a chive.

View OriginalReply0

ForkTrooper

· 22h ago

The pitfalls of the crypto world are deeper than I thought. Am I the only one losing money? Honestly, most of those KOLs' posts are probably selective screenshots. When things go south, they delete them early. Hey, it feels like this industry is just a game of pass-the-buck, and the last batch of people to get in are pretty miserable. Honestly, it's better to focus on steady community building. At least then I can sleep peacefully.

View OriginalReply0

ProofOfNothing

· 22h ago

Sao Chain lost a lot in three months, and I don't believe a single order that KOLs post every day anymore. To put it plainly, those stories of earning millions a month are probably just tricks to harvest the little guys. Instead of being fooled by those false promises, it's more practical to do something steady that can make a living.

View OriginalReply0