Making money is really difficult now, has deflation spread to the crypto world? The new wallet has a super subscription of more than 100 times, earning just over 10 USDT! This still requires an investment of several thousand USDT as principal. Earning 10 USDT now is already good! I hope it doesn't break the issue price in the future!
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Today, $BABY launched a new project, and some people calculated that the BNB mining yield is 0.07%, which annualizes to 1.7%. When has it ever been this bad? I don't remember it ever being this terrible. Mining returns have directly plummeted to just one-tenth or one-twentieth!!
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The valuation of new projects is basically one-tenth of what it used to be. Projects that launched before fell for two years, and that's about the current valuation. Now they fall in just two days, anyway, the projects are that bad; the valuation might even be higher now!!
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It feels harder to make money than in 2019 or 2020; mainly, it’s because the easy gains are no longer available, there are no chain games, no DeFi mining, even stablecoin investments have dropped below 1%, and there are no meme coins to play with, it's really hard to imagine.
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No pain, no gain, I hope the crypto world has a better future and that those VC firms that exploit retail investors get scared.
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Where are you all making money?!
