2017: ICO Era*- Initial Coin Offerings (ICOs) allowed projects to raise funds directly from the public.

- No need for traditional venture capital (VC) or private equity (PE).

- Easy money: many projects raised funds with minimal scrutiny.

- Bull market: prices rose rapidly, and many investors made profits.*2021: DeFi Rise*- Decentralized Finance (DeFi) emerged, offering new investment opportunities.

- Diversification: investors spread funds across various DeFi platforms.

- Fast profits: quick returns were possible due to high demand.*2024: BTC ETF and Smart Money*- Bitcoin Exchange-Traded Funds (ETFs) launched, attracting institutional investors.

- Smart money: king-level projects and experienced investors dominated the market.

- Confident investors: high valuations and strong demand led to a bullish market.*Current Market*- Professional players: sophisticated investors with risk management strategies.

- Expanded market: more participants, including institutional investors.

- Changed dynamics: past strategies may not work in this new landscape.*Warning*- Investing carries risks; thorough research is essential.

- Past successes do not guarantee future results.

- Caution: be careful when entering the market, and never invest more than you can afford to lose.Remember, this is a general summary and not investment advice. Always do your own research and consult a financial advisor if needed.