Reflections in the Wave of Cryptocurrency: Opportunities, Chaos, and Awe

In today's rapidly evolving digital economy, cryptocurrency has long transformed from a "niche asset" favored by a few geeks into an undeniable presence in the global financial market. From the mythic rise of Bitcoin to the ecological expansion of Ethereum, and the wild growth of various Altcoins, this field hides both the potential to disrupt traditional finance and is filled with the games of humanity and rules, leading me to numerous insights through observation and understanding.

Bitcoin: A Dual Mirror of Faith and Bubble

Mainstream Altcoins: Value Screening in Differentiation

Besides Bitcoin and Ethereum, Binance Coin (BNB), Solana (SOL), Cardano (ADA), and other mainstream altcoins form an important landscape in the cryptocurrency market. They either rely on exchange ecosystems, focus on high-performance blockchains, or delve into specific application scenarios, trying to carve out new paths outside of Bitcoin and Ethereum. Some coins have achieved stable growth through clear application landing and community consensus; while some have degenerated into "air coins", quickly going to zero after harvesting investors through false advertising. This deeply made me realize that the cryptocurrency market has long bid farewell to the era where "you could earn by buying with your eyes closed"; value screening has become particularly important. Coins detached from technical support, application scenarios, and community ecosystems, no matter how glamorous the concept, are just illusions.

If it were you, how would you choose?