Exploring Cryptocurrency Investment: The Journey from Paper Wealth to Box Wealth.
1/ The crypto market is like a thrilling roller coaster 🎢, generating annual income in a week, only to return to the starting point in an instant.
2/ Continuously monitoring market trends may lead to missed opportunities; a single tweet can direct investments in the wrong direction.
3/ During the ICO craze in 2017, various projects touted "decentralization" and "anti-censorship," but many project founders ultimately vanished with the funds.
4/ In the DeFi boom, YFI prices skyrocketed 🐂, seemingly like a printing machine, but subsequent hacker attacks led to massive losses of funds.
5/ The NFT market was once booming, with a profile picture selling for a high price 📈, but during the bear market, the liquidity of these assets dried up, becoming history in an instant.
6/ The 2022 LUNA/UST collapse event saw a market value of $45 billion vanish 💀, with the founder becoming an international fugitive.
7/ In the FTX incident, SBF went from crypto star to criminal, with user assets disappearing without a trace ⚖️.
8/ In 2024, at the beginning of the year, the approval of the Bitcoin ETF and the influx of institutional funds into the market raises the question: does this signify the loss of the spirit of decentralization?
9/ As 2025 begins, with digital currencies becoming the national reserve of the United States, what new narratives worth pursuing, discussing, and realizing can we anticipate? 🧐
10/ Summary of lessons learned:
✅ In the long run, Bitcoin remains king; regardless of market fluctuations, it is still the cornerstone of the crypto industry.
✅ Meme coins, NFTs, and DeFi are all cyclical bubbles; after the hype, 99% of projects will go to zero.
✅ Greed in bull markets, fear in bear markets, but the true winners are those who know when to sell in the frenzy and position themselves during the lows.
11/ Survival rule: 💎 Stay cautious! Avoid going all in, reject high leverage. As Sister Leila shared, the essence of finance is risk control!
"Paper wealth" comes and goes quickly; avoid "box wealth"
