The differences in the cryptocurrency world between ten years ago and now are too great! 🚨
Let's talk about the information gap first. In the past, in the cryptocurrency world, as long as you knew a piece of news in advance, or spotted a new coin, or kept an eye on the launch announcements, you could make several times your investment just by taking action! Why? Because what you knew, others didn't have a clue about! But now? If BN has a new coin launching, it starts preheating three days in advance, with hundreds of big influencers on platform X promoting it, and the Telegram groups have already discussed it to death. By the time you realize and enter the market, you're definitely just the last one holding the bag! $BTC
Now, let's talk about the regulatory environment. During the bull market in 2017, ICOs were extremely popular, and it was common for project teams to run away with funds, but everyone was still trading enthusiastically. In that wave in 2021, DeFi, blockchain games, and NFTs came in turn, and the regulation hadn't caught up, with massive amounts of money pouring in. But now it’s different; large funds want to take a compliant route, ensuring the source of funds from trading is clear, and project teams need to withstand audits while telling their stories. There aren’t as many “air coins” anymore, so naturally, there are fewer opportunities for arbitrage and profit!
Also, the user structure has changed! In the past, most participants in cryptocurrency were geeks, novices, and investors, but now it’s different, with a bunch of traders, arbitrage bots, and even professional institutions getting involved. If you still want to rely on luck and information gaps to make money now, it’s harder than climbing to the sky! These new competitors are calmer than us, their operations are faster, and they have complete trading systems. What do we have to compete with them?
So, it’s safe to say that making money in the cryptocurrency world has become increasingly difficult! However, I think the first-tier market's Dogecoin (Co nan) has potential; the story behind this coin is well told, and there’s a team of tens of thousands working hard behind it, with strong consensus among everyone. Moreover, this team is experienced and persistent; the two coins they previously launched both increased by over a hundred times! Brothers who want to give it a try can start with a small position! 一级优质meme币交流群 🔥
