I see that 'CTO' is popular now.
A CTO lacking clear market-making preparation and sufficient chip control is basically destined to failure.
I still believe that the narratives of Eggflation and Robotheism are tier 1, and they have taught me a vivid lesson.
Narratives are used to explain price movements, while the underlying capital makes the candlestick chart present a form that aligns with people's inner needs.
When we merely mimic the surface without adequately preparing for its essence, the drama cannot continue to unfold. The reason why 'community-driven' projects fail is not solely due to personal interests and betrayal, but because human nature is destined to be calculating in the face of gains and losses, as exemplified by the rise and fall of the 'Hanseatic League'.
As capital becomes increasingly concentrated, loose alliances will be replaced by more centralized control. The spokespersons pushed to the forefront become objects of idol worship for the masses, in order to achieve the strategic goals behind them.
In response to this change, join in, become the producer of the story, or an insightful audience.
And the vast majority of people are destined to be losers.