Stop fantasizing about 'getting rich for free', the current farming is really hard to do.
The farming circle has changed from 'picking up money' to 'working', behind it are these three harsh realities:
1️⃣ The market is too bearish, projects can't afford it anymore.
Do you remember farming $STRK last year?
I farmed 28750 coins, worth 71875U at the then price of 2.5U per coin,
50 accounts, averaging 1437U per account, definitely a big gain!
But now $STRK has dropped to 0.11U, the value per account has become 63U,
Subtracting the cost of 50U, net profit is just a bowl of pig's trotters...
The farming value in a bear market has shrunk by over 90%, even if you farm it, it's not appealing anymore.
2️⃣ The project gave everything to Binance Alpha, the share for the commoners is gone.
In the past, farming was really 'free riding',
Now when big projects launch, they prioritize Binance Alpha, with a bunch of points and TGE,
By the time we retail investors farm, only scraps are left.
Alpha eats the meat, we drink the soup, the commoners become tools.
3️⃣ Crazy farming, it's gone mad!
A bunch of tech farming teams, dozens of phones, scripts running 24 hours.
Newbies not only can't farm, but their accounts are also easily blacklisted.
Even the interactions are snatched by the 'optimal path', those with low efficiency get counter-farmed.
From 'free riding' to 'competing in skills',
From 'easy farming' to 'sweatshop', farming has become the competition arena for the champions.
🧠 Summary: Is it still worth farming now?
👉 In a bear market, be mentally prepared for: low yields, easy to be counter-farmed.
👉 Unless you have resources, equipment, and time, don't expect to get rich through farming.
👉 If you really want to make money, it's better to catch the next bull market's front-line projects, and prepare for staking, nodes, and running LRT in advance.
📌 Let's talk in the comments:
How's your farming yield lately?
Do you think there's still hope for farming?
Feel free to share pictures, exchange information, and let's see if there are still big gains to be made!
