In the past few years, the crypto market has gone through a lot: from Bitcoin halving, new highs, to the FTX crash and LUNA collapse; from the boom of DeFi, the myth of NFTs, to the emergence of new trends like AI tracks, BTC ecosystem, and RWA (real world assets).
Many people ask me, can we still play in the crypto market at this time? Can we still enter? Are there still opportunities?
As a veteran investor who has been in the crypto space since 2017, I want to talk about the current state of the crypto market in 2025 and what you should do.
One, the crypto market can still be played, but it is no longer the era of 'blindly getting rich.'
Let me give you a conclusion first:
The crypto market is still viable, but it's not an era where everyone gets rich; it's an 'era of differentiation.'
To put it bluntly, the gap between those who can make money and those who can't is getting larger. The days of blindly buying Shiba, APE, and Dogecoin for multiple returns are basically over; now to make money, you need to rely on information differences, strategies, and execution ability.
Why is that?
Because the market has shifted from being 'retail-driven' to 'institutional participation and capital games.' The opponents you face may be full-time on-chain analysts, arbitrage teams, or even AI robots and professional exchange liquidity market makers.
Therefore, if you want to participate in the current market with the strategies from the last bull market, it’s basically hopeless.
Two, the dividends in the crypto market still exist, but you need to change your mindset.
1. Make money through cognitive differences, not by gambling on luck
In the past, many people made a fortune by hitting the right trends, such as DeFi, NFT, GameFi, and Dogecoin. But now the trends are shorter, and the hype moves faster; without research ability, one easily becomes the 'last runner.'
The real opportunities now are:
· Layout airdrops in advance: for example, potential big projects like LayerZero, EigenLayer, ZKSync;
· Participate in on-chain ecosystem growth: see which new public chains (like Berachain, Monad) have rapidly growing TVL;
· Focus on institutional layout tracks: AI + blockchain, RWA, Bitcoin Layer 2, etc.
2. Learn to read data, not just listen to news
For example:
· You can check protocol activity through Dune;
· Use Nansen to track smart capital flows;
· Use Arkham, DeBank to see the positions of large on-chain holders;
· Even just browsing Twitter can lead to firsthand information.
Being able to use tools is worth more than watching 100 short videos.
Three, how to play now? Share a practical asset allocation model
I suggest that most people not go 'all in on one coin' now, but instead do layered allocation based on different goals:
✅ 70% —— Long-term value positions
BTC / ETH as core assets, suitable for regular investment, avoid frequent trading.
This part is your 'base asset', like digital gold, resistant to risk and volatility.
20% —— Hot topic tracking positions
You can focus on: AI tracks, Bitcoin Layer 2, modular public chains, stablecoin RWA, Solana ecosystem.
Goal: follow mainstream trends, not chase highs, and take profits appropriately.
10% —— Small position speculation & airdrop layout
This part can be involved in on-chain interactions, mining, beta testing, etc., for example:
· ZKSync task interaction
· EigenLayer staking
· New chain Testnet activities (Manta, Scroll, etc.)
Small positions for high returns, but one must accept the risk of losing everything.
Four, whether you can make money actually depends on your mindset.
You might think the crypto market is about vision, but what’s more critical is: mindset + rhythm control ability.
There are three consensus points for veteran investors:
· Don't aim to profit from the last segment, don't be greedy for the first segment: eating meat in the middle is the key;
· Fluctuations are normal, explosive growth is occasional: real opportunities are 'defended' rather than 'charged'.
· Don't let FOMO emotions control you: every time you see someone else getting rich, it may be backed by years of preparation.
Five, there are still opportunities, but the crypto market has long changed.
The crypto market is not unplayable, but it has changed from a 'get-rich-quick prairie' to a 'skillful arena.'
. If you still have the mindset of 2019 or 2021 when playing today's market, you'll only get cut worse.
But if you are willing to calm down, study, build strategies, and optimize your cognition, the crypto market still has the most potential for investment returns.
Final advice:
· Don't heavily invest in speculation, don't blindly trust KOLs, and don't chase prices up and down;
· Learn more about on-chain operations and learn to read data yourself;
· The most important thing is: not to chase hot topics, but to manage positions well. Staying alive is more important than anything.
I hope you are not just 'coming in to take a look' in the crypto market, but rather 'survive, make money, and become stronger.'