I'm unsure if Bitcoin will continue to offer diminishing returns, but it's certainly possible (I currently choose to believe it won't). However, I believe the trading difficulty and risk of altcoins (on average) will continue to increase, and this trend is irreversible. (1) Intense competition among increasingly sophisticated buyers (while their confidence in Bitcoin is declining). (2) Primarily through leveraged trading. (3) Cryptocurrencies are heavily diluted, and the market defaults to overvaluing them without providing a reasonable basis. (4) The final valuation at issuance always fully reflects market optimism about the asset, ignoring the actual price/valuation. (5) The pre-market price discovery mechanism is so active that the situation mentioned in (4) is not safe. In 2017, the average buyer would buy spot and hold for weeks/months because they believed Bitcoin would rise, then add to their position as the price increased. This strategy was viable due to the asset's low early valuation. In 2025, the average buyer will buy in via leverage without checking valuations, and sell once they break even or are forced to liquidate. However, for savvy investors, it will still be the place with the best returns. Skill and asset selection will be more important. Patience will be far more valuable than the "early bird" approach to liquid markets seen in recent years. Moreover, some assets with excess returns will continue to exist, perhaps appearing every few years. When they do, you can relax and easily take profits, just like in 2017. At least that's what I think (hopefully).

I've finally started enjoying the fruits of my labor lately; the bull market has made me a lot of money, and my girlfriend is saying, "This is the life I've created for us." Please, I gambled away all my savings for two consecutive years. I worked 16 hours a day and lost it all twice. I'm a completely different person now.

The depressed market sentiment is understandable. The October crash devastated everyone, and the market has failed to recover since, with each rebound met with selling pressure. Only stocks and metal prices have risen, and the current main coping mechanism relies on "rotation," but this hasn't materialized. We remain correlated with the stock market, but have suffered heavy losses on dips and gained very little on rallies. The reaction to positive news for cryptocurrencies has been muted; DAT quickly faded, and the market sold off tokens. Major cryptocurrencies have been hovering near high-timeframe lows, with the market primarily supported by HYPE and ZEC, while all other cryptocurrencies have been weak since the altcoin crash. Objectively speaking, investing in cryptocurrencies is not currently a particularly attractive asset class. Hopefully, bottoming signals have appeared, etc. Unsure.

$XPL is one of the best tech projects we've seen in the cryptocurrency space this year. No matter the time, the day of the week, or the overall market strength, you can always anticipate a daily drop of more than 10%.

Lions never consider the potential consequences of living by force.

*View Price* Bitcoin Falls Trump and Melania Commemorative Coins Rise

#MEME coin skyrocketed ⬆️ then vanished ⬇️ #Morpho $MORPHO builds a lasting protocol. Hype fades, fundamentals prevail. @MorphoLabs

I haven't traded in over a week. Half of the Twitter posts make me feel like I dodged a bullet. The other half make me feel like I missed several opportunities to change my portfolio. PvP meta overview.

It’s like ETH, but better. We call it MegaETH.

I don’t care if the Plasma team’s name is “We’re not selling tokens” and the wallet is called “We’re not selling tokens” and the whitepaper says “We’re not selling tokens” because they are all selling tokens.