The Darkest Hour of the Crypto Market:
The Current State of the Truth Market After the Frenzy Subsides: Collapse of Faith
Once fiercely sought-after thousand-dollar Ethereum and a few cents Dogecoin are now sitting on the shelf, ignored. Those small-cap mainstream coins that were about to be included in ETFs have also lost their previous allure. The entire market is plunged into an unprecedented crisis of trust, with investors becoming hesitant and even losing the most basic strategies.
The New Coin Dilemma: The Cycle of Harvesting
In recent years, launching new coins has become almost synonymous with harvesting. One "revolutionary project" after another makes an appearance, but only a handful survive. Those extravagant technical white papers ultimately turn out to be just a pretty packaging for harvesting retail investors.
The Essence of the Industry: The Carnival of Harvesters
The top players in this industry talk about changing the world, but in their hearts, they are always calculating how to harvest more efficiently. Ecological construction? Technological innovation? In the face of naked interests, these have become optional decorations.
Turning Point: The Darkness Before Dawn
However, looking at it from a different angle, this may not be a bad thing. When the market squeezes out the last bubble, and investors see through the authority's disguise, perhaps real opportunities are being nurtured. History tells us that the most desperate moments often give birth to the greatest turning points.
Advice for the Persevering
1. Stay Alert: Don’t let any story cloud your judgment
2. Control Risks: Only invest money you can afford to lose
3. Be Patient: True value will eventually reveal itself
4. Enhance Understanding: Learn to distinguish between bubbles and opportunities
(The market always goes through cycles; the key is to survive until the next spring)
