2024 will be remembered — not for any good reasons, but for the catastrophic disaster experienced by the retail crypto market.
The entire year feels like a play with no hope. Retail investors get wiped out, projects run away, miners can't endure and shut down, liquidity dries up to the point where trading becomes difficult. The trading stories that were hot in the past two years have completely turned cold.
From spring to winter, market sentiment has been declining steadily. Institutions are building positions, while retail investors keep fleeing. The value of tokens held has shrunk, and every dollar invested seems to be thrown into a black hole. The buzz on social media has also faded; groups that once discussed making money daily are now filled with scolding.
This is not just a bear market; it's a collapse of the entire narrative system. People are starting to ask: Is all this really worth it? Is Web3 truly the future? Or is it just another bubble dream?
Perhaps this is a necessary reshuffle. But for those who have persisted, the memories of 2024 are heavy enough.
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LowCapGemHunter
· 12-28 01:43
Institutions are accumulating, while retail investors are getting liquidated—another classic script of cutting leeks repeats itself.
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SignatureLiquidator
· 12-28 01:38
Institutions are eating the meat, we're just drinking the soup, and still pretending to enjoy it.
Really, now whatever is said in the group is wrong. The group of people who hyped Web3's future two years ago, why are they silent this year?
Hold on? Ha, it's just because they have no money and ran away.
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MerkleMaid
· 12-28 01:38
We are still cutting meat when the institution is crazy to buy the bottom, and this gap is really amazing
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WhaleMinion
· 12-28 01:31
Institutions are building positions while we're taking losses—that's the reality.
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Basically, it's the fate of retail investors to be the bagholders. What can we do?
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Web3 future? Ha, let's survive this year first.
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Those projects that have run away probably started counting their money with a smile long ago, while we're here starving.
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Cleaning up? They're just cleaning out our wallets, brother.
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From dreaming of making money to dreaming of losing money, it's been just a year.
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The period of liquidity exhaustion was truly intense; we couldn't even run away if we wanted to.
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Now, you have to be careful when speaking in the group. Who dares to mention making money?
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My biggest takeaway in 2024 is learning to accept losses.
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Institutions are stockpiling, and we're still thinking about bottom fishing. Haha.
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DefiPlaybook
· 12-28 01:28
Institutions are building positions while retail investors are fleeing. Isn't this a classic wealth transfer game? Retail investors will always be the last to pass the baton [Dog Head].
Honestly, 2024 isn't a reshuffle; it's a filter to see who truly believes in Web3 and who just wants to get rich.
Can't even save on gas fees and still want to exploit the system? Who knows which protocol might run away next year. Be cautious, everyone.
Is the entire narrative collapsing? No, it's just that the old high-yield, low-risk scam talk finally broke down. The market is educating people; some lessons must be learned the hard way.
From on-chain data, big players are indeed building positions, but retail investors are like frightened birds. That gap can't be bridged anymore.
Wait, at times like this, it's actually a good opportunity to study code quality and team backgrounds. Projects with plunging TVL might just be the next AAVE.
Despair is a mirror that reveals who is truly playing this game and who is just here to gamble.
2024 will be remembered — not for any good reasons, but for the catastrophic disaster experienced by the retail crypto market.
The entire year feels like a play with no hope. Retail investors get wiped out, projects run away, miners can't endure and shut down, liquidity dries up to the point where trading becomes difficult. The trading stories that were hot in the past two years have completely turned cold.
From spring to winter, market sentiment has been declining steadily. Institutions are building positions, while retail investors keep fleeing. The value of tokens held has shrunk, and every dollar invested seems to be thrown into a black hole. The buzz on social media has also faded; groups that once discussed making money daily are now filled with scolding.
This is not just a bear market; it's a collapse of the entire narrative system. People are starting to ask: Is all this really worth it? Is Web3 truly the future? Or is it just another bubble dream?
Perhaps this is a necessary reshuffle. But for those who have persisted, the memories of 2024 are heavy enough.