Degenvape💨
3.7K posts

Degenvape💨
@degenvape
fighting FUD daily 🥷 / NFT enthusiast 🖼 / alt coin trader


Maduro captured, Ayatollah killed Kim understood to just be cool with Trump.










"i'm leaving crypto", "crypto is dead", "wasted 8 years of my life in crypto". we had a severe bear market in 2022 but it seems the rate of ppl leaving crypto now is much higher although crypto's adoption is at ath. what has changed? it seems everybody has realized that the alt szn thesis is dead and we will never get one like 2021. in previous cycles, it was just about surviving the bear and you could make it on the next bull run. happened in 2017, 2021 and to a small extend 2024. the game has changed, easy days are gone. crypto has matured, the market is much more efficient. we have seen all flavors of token launches and the expectation on new token launches is down only. btc continues to outperform most tokens and stocks are outperforming btc. the few ones that pump are either insider games ($pippin) or you somehow missed them because you thought you are late ($zec). what factors contribute to overall happiness? (1) purpose (2) status (3) irl socially engaged community (4) learning (5) having an impact (6) financial rewards unless you are a builder/founder or working for a good crypto company (rare), so for the majority of ppl, all these things were non-existent except financial rewards. it's not surprising to see these ppl leaving once they realize their dream about financial freedom has not materialized and has never been that far. i think this is also why this cycle was the least retail dominant cycle of all. crypto has an identity crisis. not only, it no longer attracts retail. but crypto natives are also fatigued. the crypto adoption (stablecoins, dats ) happened but if anything resulted in even more extraction. this too shall pass, and once again, crypto will get stronger on each cycle. but each cycle needs a reset to allow the next cycle to happen.





Steph Curry tonight: 31 Points 3 Rebounds 2 Assists 2 Blocks 1 Steal 12/24 FGM 29 Minutes























