20h ago
The smartest crypto traders I know all quit. Not because they lost. Because they won and chose life over another cycle. They were early on everything. Privacy coins. AAVE when it was LEND. SNX before DeFi was a word. Early ETH. Early SOL. These weren't degens. They were smart. Reading whitepapers. Building conviction plays. They crushed it. Life changing money in 2017, 2020/2021. Then something shifted. They got careful. Started valuing family over another 10x. Turned down starting funds because they had high paying jobs they actually enjoyed. I kept saying: go full time, you're killing it in Web3. They'd just laugh and say they were good. Small chats used to be the alpha source before CT existed. LTC/BTC days. Then ETH reignited everything. Most fell off between 2019-2021. After that it became hyper gamed gambling. The mental health ROI stopped making sense. It used to be about building the future. Now it's catching the next 100x before it rugs. Accessibility changed everything. Solana being fast, cheap and easy to use. BNB and Tron in emerging markets. Global game theory at scale. People either made it or got blown up. New class now. Nobody remembers the old names. ETH maxis dunking on early Solana guys. Good memories. Now it's larp city. VCs killed the signal. Institutions control the game. I'm still bullish on specific tokens. Some will be the backend of the new world. But most will die from here. Cobie's right: The people who made it weren't going all in on leverage chasing every narrative. They enjoyed the game and survived long enough to win. My group chat figured that out early. Or maybe they figured it out exactly on time and just chose life over another cycle. Either way, I'm still here. I fell in love with this space and where it's going. I see all the problems, but I still believe there's something real being built. Not sure if that's conviction or just stubbornness.
1d ago
what cobie said today hit hard. “nearly everyone else I know from 2013 lost everything, or sold in 2017 and never came back.” i’m from the class of 2016 and its the same story. we were a small group chasing this thing. school friends, work colleagues… one by one, they left. i’m the only one still here. crazy to think how it all turned out.
21.54K
103
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.