2025-12-27 01:25:36

Why are so many people quitting the scene this year? Let me share my thoughts.

Many believe it's a faith issue, or that the bull market has ended, and some even say everyone has shifted to trading US stocks and precious metals. But I see things as not that simple.

The real change is that the entire crypto ecosystem's operating logic has been completely altered. In the past, this circle was driven by narratives and expectations; everyone believed in the future of a certain direction or a specific coin, working together to build the story. Now, it's different — it has purely become a high-speed PVP arena.

You need to react quickly, operate precisely, and stay well-informed; falling behind even slightly means getting cut. In this environment, those who entered with faith and enthusiasm find it hard to continue. It's not that their mindset is poor, but that the game rules have changed.

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ChainChef

· 14h ago

the recipe changed mid-cook tbh... used to be about the ingredients and the story, now it's just speed-eating contests where half the people choke. can't fault anyone for dipping when the kitchen got this toxic lol

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ChainWanderingPoet

· 12-27 01:48

It's really hitting home, this is the current situation now. In the past, I could still hold onto dreams, but now it's all about machines and big players; retail investors simply can't compete. I've also watched this circle deteriorate step by step. Without a narrative, all that's left is chopping up the leeks, which is really pointless. Nah, really, information asymmetry is death. If you can't keep up with reaction speed, you're just being crushed. This is the true reason for quitting the circle. It's not a bear market, but the game has become unfair. PVP after all, winners take all— isn't this the nature of capital? Who's to blame?

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PonziDetector

· 12-27 01:31

You're right, it's now just a game of information asymmetry; even half a second of slow reaction can get you cut. Isn't this just the process of falling from a faith-based game to a mouse trap game? PVP arena sounds pretty high-level, but frankly, it's just another way for the big players to harvest retail investors. Those who truly believe should indeed withdraw; those who stay have learned to think in reverse. When the game rules change, a bunch of small investors simply can't compete with those institutions that have capital and information. It's been obvious that this circle has become distorted; now everyone is racing to speed up their information flow. Honestly, those who have survived until now have already given up on the word "faith." That's why making money has become harder now, because the threshold has shifted from a conceptual one to a hard skill threshold.

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SchrodingerAirdrop

· 12-27 01:30

Basically, this circle has become corrupted, turning from a place of faith into a slaughterhouse. When the rules change, the gameplay changes accordingly. Those who react slowly are immediately eaten up. The feeling of working together to tell stories in the early days really can't be regained. Now, everyone entering just wants to make a quick profit and then leave. Who still cares about ideals?

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