Notice:
Tomorrow, Monday, I will be out on business and will not update. Tuesday may not update either. From now until the end of December, I will no longer insist on daily updates on working days, but will change to irregular updates. If there is particularly important information, I will come out to update; if not, I will stop updating and take a break.
The operation of the Discord platform is maintained normally, and member inquiries are still online at any time.
Explain why updates will stop:
1, The market is bleak, Bitcoin is fluctuating horizontally, altcoins are declining, and there is no need to analyze the market every day. Many top traders have stopped updating and disappeared. The information that can be conveyed is becoming less and less.
2, I personally plan to take a break and take my wife and children out to play for a few days. Since I started writing full-time a year ago, I've basically only rested half a day each week. Although articles stop updating on weekends, there are still many operational tasks that need to be handled. The daily articles that everyone sees are just a part of our work. I sit in front of the computer for more than ten hours a day without stepping out, and now I feel increasingly tired, missing the weekends off when I used to work.
3, The data is dismal, and the article's traffic effect is nearly zero. In the last month or two, only the public account has gained followers, while other platform accounts have almost stagnated. User conversion has also cooled down; even giveaways haven't attracted many new sign-ups, and some who registered did not activate their accounts, rendering all previous efforts futile. Without benefits, motivation is lost, and I have already lost the drive for daily updates and the desire to share.
4, Legal and regulatory issues have led to a long-term confusion about development. A few days ago, some regulatory notices were released in the country, causing crypto practitioners to be anxious, as the strength of policy implementation is currently unknown. If the operation of the crypto community is deemed illegal, I will have to disband the community and burn all my hard work. I plan to take some time off to think about future paths, and it is very likely that I will shift my focus to overseas markets.
5, The deeper confusion brought about by the performance of the crypto market: Is the crypto market a scam? Do the articles I write and all the work of my entire team have any value?
To put it bluntly, I write all day long; can my readers make money from this information? Looking at it now, helping everyone lose a little less would be good enough.
For an entire year, I have been intensely surfing the web3 space every day, and I increasingly believe that 99.99% of altcoins are scams. The crypto space is filled with scams, including unreliable exchanges. Since the beginning of this year, the top five exchanges in the Chinese-speaking world have encountered major issues: the b某 get rollback incident, the b某 bit theft incident, the ga某 te contract anomaly leading to user liquidation, and the bloodbath of the industry on 10.11 involving a certain security...
As a practitioner, all I want to say is that they are all scams.
However, the recent strong support from American regulators for stock tokenization has shown me some hope. Blockchain is still useful, and the crypto industry still has a future. Linking gold, silver, and US stocks to the blockchain has connected those letters in exchanges with real assets, rather than just being a game of scams based on air and capital.
I hope my work can bring value to users' assets rather than leading them into scams where they get slaughtered.
In summary, after picking through altcoins and drawing charts, I feel that it has become less meaningful. I need to pause and think about what should be done and what can be done long-term, after all, this is my livelihood.
