Crypto is dead, but the era belonging to blockchain has just begun
(Crypto is dead) This article has been very popular recently, and after reading it, I do not feel the anger of being 'offended', but rather a complete relief as if the window paper has been pierced. As a 'veteran' who has been in the circle for 8 years, I have experienced the frenzy of ICOs and endured the all-nighters of DeFi summer. But to be honest, the daily work of these two years has increasingly given me a sense of loneliness of 'dancing on an island.' 1. We are 'involution' in a pool heading towards exhaustion As mentioned in the text, the current cryptocurrency industry resembles a high-threshold MMO online game too much. Every day I open Telegram and scroll through Twitter, and everywhere I look, there are points, airdrops, and various complex interaction protocols. Our various 'innovations' are actually teaching those hundreds of thousands of old players how to elegantly pick each other's pockets. Recently researched projects have white papers that are beautifully written, but when asked the core question: 'Besides this group of people in the circle, who will use it?' the founders often fall silent. We have become accustomed to treating 'self-amusement' as 'market demand.'
It's been a long time, right? In the square, ten posts out of eight are about milk $ASTER , and they're all hanging on the trees. The cars are getting heavier, can they still move? As the old saying goes, where there are many people, there are many disputes. In the shantytown, where there are many people, there are many sickles.
Don't let prejudice blind you; USDD may be the severely underestimated 'cash cow' of this bull market.
Having been in this circle for a long time, I found that everyone has a misconception: they think stablecoins should just lie there honestly, seeking no merits but avoiding faults. But this mindset has made us miss too many Alpha returns. Today, I want to help you re-examine USDD, and you will find that it is no longer the 'Wu Xia A Meng' of its early days.
Please take a look at the following chart, which I have named [Core Competitiveness Radar Chart of Mainstream Stablecoins]. Have you noticed the extremely exaggerated red area of USDD? In terms of 'APY', it is almost an overwhelming presence. While the USDT in your hands can only earn a pitiful interest rate in centralized exchanges, and you even have to worry about being frozen by US regulators, USDD holders are enjoying the high decentralized dividends brought by the Tron ecosystem. Where is the risk? For smart money pursuing capital efficiency, this is solid 'passive income.'
On the road to Web3, the moment I quietly became stronger was the moment of freedom for my fellow cryptocurrency enthusiasts. Every year, I see a few friends announcing their freedom to exit the crypto world, and I also look forward to that day! It will be filled with power! @Dal @Ayana Woitowitz loXF @dg
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This year's biggest gain is the warning brought by the recent tight market liquidity, which made me fully understand that when buying coins, only buy btc.bnb.eth. Steady appreciation is the way to go; short-term wealth is just an illusion 🌹🌹
币安中文社区
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Is the Alpha section frozen? Why is it not displaying? Is this the case for you? The token's LOGO is also gone, other sections are displaying normally. I'm so angry that I opened a long position $ETH
#Thanksgiving Voice Mail Thank you Binance for providing such a great platform for us to showcase our talents; thank you crypto for giving us infinite possibilities; thank you to myself for continuing to work hard! @Ctalks @Dal @SirenAI
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Today I saw a blogger's content As an important reservoir for US dollar assets—btc, gold The Americans want to gradually let them rise, but they cannot let them rise too quickly. A rapid rise would accelerate people's abandonment of traditional US dollar assets (US dollars, US Treasury bonds, traditional capital markets), so in order to keep the funds circulating within their controllable range, the Americans will adjust the flow of funds through these reservoirs to maintain the stability of the US dollar system. It seems that the American market is short on money again recently.🚒🚒 $BTC $BNB
Brothers, extend the weekly chart and take another look at the trend; doesn't it feel a bit safer now? You just need to ensure that the cryptocurrencies you hold are mainstream ones, and you won't be eliminated by the market. What is mainstream? Simply put, it's what you often use and what is frequently mentioned by the media (excluding obscure media). With the time frame extended, we are currently in a phase of adjustment. $BNB $SOL
Looking back at this year, the returns in the crypto market have not outperformed my friends' returns from the A-shares, and even fall short of the returns from funds. After various considerations, it seems that sticking to mainstream coins as in the past is not effective this year. The crypto market is becoming more regulated; even in spot trading, without taking profits or setting stop losses, the annual return rate is gradually declining. This inevitably raises the question of whether asset allocation needs to be adjusted, discarding the inherent bias against A-shares. Take gold for example; I have always believed that since so much effort has gone into pushing it up, it cannot easily go down again. The same applies to A-shares, fluctuating around 4000 points. Whether it's boosting banks or technology, this wave must stabilize at 4000 and then head north. Therefore, I adjusted some positions to invest in A-shares and global index funds; of course, this is just my own thinking. As for the crypto market, I am a staunch bull, believing that declines are limited while increases are infinite. Thus, I only open long positions, of course, with small positions and reasonable leverage as my strict requirement. I've seen many analyses; can the continuous decline over a number of days or breaking a certain level really indicate that we've entered a bear market? I only look at trading volume; a significant drop in volume must lead to a rebound, which is my basis for opening positions, switching back and forth on minute and hour charts, observing volume and market sentiment. I hope this year we all have good harvests. $BTC $BNB
$SHARDS Let's talk about it again, the old friends in the group are still hoping it can rise. And what is its current situation? It no longer has any source of income, the blind boxes can no longer be sold, and the token exchange for gemstones system designed in the game is definitely a death spiral. As long as you stake enough coins, the tokens earned can be exchanged for gemstones, and the gemstones are used to recharge equipment to continue earning coins. The project party is now relying on players staking tokens to delay the project's death; they have no income and will they take over for the players? They didn't take over when there was income, let alone now. For those who want to stake and earn coins, it’s better to just open a long position at the current price and easily make some profit. $ETH $SOL
The first two digits are 11🤩 Hope to establish a regular assessment system for the alpha projects that are already online
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Did the employees fire the boss? The game 月霜 invested by the platform openloot announced its withdrawal from the op platform last night. Since last year, 5 games launched on the op platform have successively failed, and now only bigtime and worldshards are barely surviving. The daily trading volume of the platform has shrunk to just a few thousand dollars. Wordshards is also about to die; a few days ago, a major holder pledged several million coins to obtain daily output, but unexpectedly, the output speed cannot keep up with the decline in coin prices. The last game platform has been running for two years, and only its own game is still alive. In the short term, there is no positive driver for the ol token; will you short it? $OL The blockchain gaming sector is showing signs of fatigue; when will spring come? $RONIN
Let’s talk about $SHARDS again. The day before yesterday, the officials launched an event where players could stake tokens in the game to increase their equipment luck value (to put it bluntly, it means enhancing the computing power in the game), allowing them to earn more tokens. After the announcement, it surged by more than 70% in a short time. From the trading volume and on-chain data, this is just the players’ actions. The project team is still distributing tokens without spending. Players are thinking about getting online as soon as possible to minimize the cost of acquiring tokens. But have you considered that even if you manage to control your costs to around 0.004, will the project team accept it? When it comes time to go live, a massive amount of tokens will flood the market. Who will support the price? The project team will absolutely not support the price; they have never engaged in price support in the open loot NFT market, only bloodsucking operations. After the token goes live, there will be no price support, instead, the founder will tell players to buy tokens. Wake up! Even if you barely hold on to the price at launch, it will quickly plummet. The staked tokens will also depreciate, leaving you unable to act. If you are determined to stick with GameFi in this lane, with this money, you might as well buy $OL ; the win rate is much higher than that of World Fragments. Wake one up, and that's one less.
$SHARDS has already been soft-launched, many old players are deeply trapped, both currency and NFT items are heavily locked. The project has already been entrusted, spending some money on a professional custodial agency just to make the project seem alive. I still remember the advice I received when I first entered the cryptocurrency world, not to touch Russian projects and those from our country. Indeed, this has further deepened the impression. There is no possibility of revival now, and what little so-called "good news" or "expectations" can be heard are merely the deceits of some players in the game, wanting to offload their game assets. The game is already dead.
My Binance "age" has reached 7.9 years, and we've grown hand in hand, yet Binance's pace seems to be accelerating ever faster. I hope to keep up with your strides, together crafting an even more brilliant chapter! Let's inspire each other and embrace a promising future!
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