The current stage has a clear characteristic—mainstream cryptocurrencies like Bitcoin and Ethereum are so large that even a 10% increase requires hundreds of millions or billions of dollars in capital.
In contrast, the new coin market has basically become a PVP arena. Projects disappear after issuing tokens, and retail investors keep buying in, leading to complete disappointment in the crypto space.
The core issue is actually very simple: liquidity is too fragmented. In the early years, market funds were concentrated in a few top coins. Now? Various concept coins and MEME coins are flying everywhere, and funds are sliced into pieces, making it difficult to succeed in any track.
To put it plainly, the market doesn't lack liquidity; it lacks stories that can truly persuade people. The narratives for mainstream coins are almost exhausted, and new coin stories seem too forced. In such an environment, you either have some real informational advantages or honestly dollar-cost average into BTC—don't expect to turn things around suddenly.
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HalfPositionRunner
· 01-10 15:52
Really, new coins are just money-grapping machines now; the funds have long been scattered.
My older brother is right, the story can't be told anymore; it's all套路.
Dollar-cost averaging into BTC is the way to go; don't think you can turn things around with new coins.
With liquidity so dispersed, no one can break through.
I've long stopped touching new coins; it's exhausting.
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SnapshotBot
· 01-10 15:47
Now, new coins are really just a slaughterhouse, with fewer and fewer players.
Project teams finish their cuts and run, who would dare to touch it? It's heartbreaking.
In the end, there are no good stories anymore. BTC remains stable, but it's really boring to death.
Instead of dreaming about doubling, it's better to hold mainstream coins honestly.
The issue of dispersed liquidity has indeed made the market feel powerless.
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ProveMyZK
· 01-10 15:33
It's so heartbreaking, the new coin market is just a slaughterhouse for leek farmers.
Project teams run after issuing a single coin, retail investors are really played to the core.
Liquidity dispersion is indeed a big problem, but to be honest, it still comes down to information asymmetry determining life or death.
Those with first-tier limits are laughing, while we can only dollar-cost average into BTC and wait to die.
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ImpermanentPhobia
· 01-10 15:32
Honestly, I am now dollar-cost averaging into BTC, I don't even look at new coins anymore.
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Exactly, now it's a game of information asymmetry; retail investors simply can't play.
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I have deep experience with project teams disappearing; only after being scammed do you understand.
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Liquidity is indeed scattered to an absurd degree; funds can't be aggregated at all.
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Instead of trying to buy the dip in various clone coins, it's better to honestly accumulate Bitcoin.
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To put it plainly, the old narratives from years ago are tired, and new stories no longer deceive people.
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Only hundreds of billions or trillions can move a mainstream coin by a hair's breadth; how can retail investors play?
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In this round, I mainly focus on BTC and ETH; I don't look at other coins at all.
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The new coin market has really turned into a PVP arena; no one wants to take the final baton.
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Want to turn things around? Unless you know insider information in advance, it's just a dream.
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OnChainDetective
· 01-10 15:24
Wait, I need to check the on-chain wallet movements of these new coin project teams. There's a 100% chance that big players are behind the scenes manipulating retail investors into buying in.
Funds being split like this is the perfect opportunity for institutions to quietly accumulate. Who has noticed?
It sounds like there's no real liquidity story anymore, just tricks. I need to monitor large transfers on major exchanges.
Dollar-cost averaging into BTC? Better to first observe whale wallet movements.
I've already seen through this round. New coins are just PVP meat grinders, with retail funds flowing directly into those few big accounts behind the scenes.
The current stage has a clear characteristic—mainstream cryptocurrencies like Bitcoin and Ethereum are so large that even a 10% increase requires hundreds of millions or billions of dollars in capital.
In contrast, the new coin market has basically become a PVP arena. Projects disappear after issuing tokens, and retail investors keep buying in, leading to complete disappointment in the crypto space.
The core issue is actually very simple: liquidity is too fragmented. In the early years, market funds were concentrated in a few top coins. Now? Various concept coins and MEME coins are flying everywhere, and funds are sliced into pieces, making it difficult to succeed in any track.
To put it plainly, the market doesn't lack liquidity; it lacks stories that can truly persuade people. The narratives for mainstream coins are almost exhausted, and new coin stories seem too forced. In such an environment, you either have some real informational advantages or honestly dollar-cost average into BTC—don't expect to turn things around suddenly.