As a ten-year veteran investor, after reading the article by Yijie, I feel that it is a coincidence. The era of wild growth in the cryptocurrency circle has long passed, and the times create heroes. It is impossible for the current cryptocurrency circle to have a large-scale counterattack by grassroots! Because the conditions do not allow it. This is why Sun Gege, Erbao, Zhao Dong, Xu Mingxing, Dengdi, Da Hongfei, etc. are currently regarded as big names in the cryptocurrency circle! Because they all have advanced vision, industry cognition, and by the way, they have stepped on the trend of the times! So the wind made them successful, which is something you can envy, but there is no need to chase the wind! Pigs can fly on the wind!
The most frightening thing is that the new players who are pouring in now will only listen to the "stories" blindly. They used to be nobody, but because they entered the cryptocurrency circle, they became financially free and other topics, but they ignored the development history of the industry. On the contrary, after the last few rounds of big bulls, the traditional VC institutions that have entered the cryptocurrency circle in a big way have done their homework before bringing people (professional talents) and capital (huge amounts of money) into this industry, starting with Grayscale. I also think, how can VC (led by Grayscale) be so stupid that they don't buy Bitcoin at the bottom price, but have to offer retail investors 6,000-9,000-13,000 US dollars!
Finally, as time went by, I slowly woke up. Capitalists will never do business at a loss. Their funds are not for philanthropy! They must come to make money, and of course, making money must also promote the accelerated development of this industry! That's why BlackRock, Fidelity, MicroStrategy, and even TeKePu began to pay attention to this industry. If you seriously study the history of the development of the cryptocurrency circle in the past ten years, you will know that we have missed too much. Cognition is too important, learning is too important, especially in the cryptocurrency circle. It feels like another world after leaving for a few months.
Just like what Yijie said, it is so ironic for a senior blockchain player to be pessimistic about this industry, because I also came from a newbie ten years ago, and I have never left the cryptocurrency circle for a day in the past ten years. I have also witnessed several rounds of bull and bear cycles in the cryptocurrency circle in the past ten years. I have also become a "senior player" from a newbie! But now, when I see some newcomers, it is like seeing myself when I entered the circle. I especially want to enlighten them, but many times they don’t understand at all, so the market is the best teacher! Only with the passage of time!
The market will teach every player who enters the circle, but what about it? The times are different now from when we were there. I often talk to my friends about this. If newcomers blindly enter the circle and lose hundreds of thousands or millions of dollars, they will basically make a lot of money back from this industry. Just like what Yijie said, in the era of wild growth, you may have bought A coin and lost money! You immediately cut it and buy B coin, which can immediately make up for the loss of A coin! Because there were too many coins that could increase by 100 times or 1,000 times. Speaking of this, the most regrettable thing is that 130,000 BNBs at 0.56 yuan were sold at double the price, and you can never go back!
All in all, new blood is needed to enter the market. The financial market does not generate value in its essence. It is also a big "casino". If someone makes money, someone else will lose money. The market value of the blockchain industry is getting bigger and bigger, and it is all built up by the corpses.#2025加密趋势预测 #BTC上攻11万？ $BTC $ETH $BNB 
