Short-term gains often mask deeper problems. You make money fast, sure—but the real damage comes later. The tricky part happens over longer market cycles, when the same risky behavior keeps paying off year after year. Look at what happened in China's property sector from 1990 to 2020. Excessive leverage and speculation were consistently rewarded, so participants kept doubling down. Everyone who took crazy risks got richer in the moment. But that's exactly how bubbles build—when the market keeps validating bad behavior instead of punishing it, you get into serious trouble. The system trains people to keep pushing harder until something breaks.
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rugpull_ptsd
· 01-03 10:50
This is the gambler's fallacy—thinking you're invincible after winning repeatedly.
Short-term gains often mask deeper problems. You make money fast, sure—but the real damage comes later. The tricky part happens over longer market cycles, when the same risky behavior keeps paying off year after year. Look at what happened in China's property sector from 1990 to 2020. Excessive leverage and speculation were consistently rewarded, so participants kept doubling down. Everyone who took crazy risks got richer in the moment. But that's exactly how bubbles build—when the market keeps validating bad behavior instead of punishing it, you get into serious trouble. The system trains people to keep pushing harder until something breaks.