
harris wang
@lumos-why
238 Following
64 Followers
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Every major market crash triggered by significant events creates profit opportunities in the crypto space. For instance, when Bitcoin experiences a periodic surge, altcoins often follow with their own phase-specific rallies.
However, since 2022, altcoins have shifted away from the "universal rally" logic. Instead, each market uptrend has been driven by sector-specific narratives, such as:
- Ethereum’s transition to PoS,
- Ethereum staking narratives,
- Public chain ecosystems,
- MEME coins, AI tokens, and RWA (Real World Assets) trends, etc.
Moving forward, this pattern will likely persist. The key takeaway is to avoid holding onto current hot altcoins for the long term—this minimizes your risk of losses. 0 reply
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Essentially, I believe crypto has evolved into a form of "gamified finance." The current model shares several key similarities with esports:
- PVP (a term borrowed from gaming, right?)
- Memes and cultural attributes are amplified, barriers to entry are gradually lowered, and spontaneous subcultures occasionally emerge (e.g., "trenches," "cooking").
- Fast-paced and youth-oriented
- Strong positive/negative feedback loops with high addictive potential
- Built-in achievement systems (e.g., Axie Infinity rankings, Kaito leaderboards, project leaderboards, etc.)
This is truly "Earth Online." 0 reply
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