Making More Money and Getting Worse Faster

Everyone was hunting for an external enemy that could explain their own losses. Pei Yanzhou wanted one too. But the more he looked, the clearer it became that those explanations only covered half the truth. Yes, the market was ruthless. Yes, the exchange made money off fees. Yes, KOLs fed the crowd. But the thing that pushed him to the cliff was his own habit of converting every warning into a reason to push harder. At 7 p.m., he moved in the last of his emergency money. His account still had a faint thread of life left. He stared at that number and even felt a flicker of excitement, as if this time he could still flip it around. He did not realize that this exact thought is one of the classic signs of a deepening trap.