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@DefiIgnas

So much OG talk and wonder what the real OG @DegenSpartan would say Personally, I believe previous years were easier to make it. You could read whitepapers, learn about technical innovation, study tokenomics and believe in HODL to make it. You didn't need a social following to rug followers to make it. Yeah, if you have social following now it's easy. I had previously written that crypto easy money era probably ended as historically these periods last 3-7 years: - California Gold Rush lasted 7 years. - Tulip mania lasted 3 - The dot-com bubble about 5 years before the Nasdaq dumped by 78% - Japan's bubble was 6 years, then Nikkei took 34 years to recover Crypto easy money started in 2017 with ICOs. Then DeFi summer 2020. NFTs in 2021. Airdrops. Points farming. Memecoins. So 8 years in total! Everyone knows crypto by now. Regulation has caught up so that arbitrage is narrowing down. Institutions have entered the market so YOU ARE their exit liquidity, not the other way around. So no wonder KOLs shill memecoins because it is easy FOR THEM to make money as other ways of making money in crypto got significantly harder.

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Rostyslav_Crypto @CryptoRostyslav ·

@DefiIgnas @DegenSpartan Retail being exit liquidity is just the natural cycle, nothing new here.

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Mosterin.SOL @Mosterin_0 ·

@DefiIgnas @DegenSpartan do you think we’re entering a pure builder-only cycle now?

zentar @0Mosterin83293 ·

@DefiIgnas @DegenSpartan this cycle definitely feels way more noise than signal.

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泰坦链 | DeFi @TiTan_Web3_ ·

@DefiIgnas @DegenSpartan Clout beats code

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Dawny @0xDawny ·

@DefiIgnas @DegenSpartan onchain data is the new edge now that the easy money is gone

0xKarnes 🔺 @ESKarnes ·

@DefiIgnas @DegenSpartan Wagmi but the edge is gone

Yenjk @yenjkNFT ·

@DefiIgnas @DegenSpartan probably why personal brand matters so much more in crypto now

Clipur.com @ClipurMediaCorp ·

@DefiIgnas @DegenSpartan the game definitely feels different now

milly.hl @milly_rock7 ·

@DefiIgnas @DegenSpartan the 8 year tally hits hard i never added it up that way but it really has been nonstop cycles since 2017

RolexLihkin.Eht @LihkinE53059 ·

@DefiIgnas @DegenSpartan Are you bullish on Jup, can we assume good products which have good usage will continue to stay and grow like how it happens in Tradifi?

Julia @_Juliaweb3 ·

@DefiIgnas @DegenSpartan Old game, new rules. Still playing.

고조 체인 @GOJO_CHAIN ·

@DefiIgnas @DegenSpartan The edge didn’t vanish, it moved from whitepapers to distribution

🉐 Crypto Linn @crypto_linn · 73K
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Trenches @trenches_labs ·

@DefiIgnas @DegenSpartan Very normal as every market evolved especially with the influx of tradfi

Rockford 🍡 @0x_rckfrd ·

@DefiIgnas @DegenSpartan back then you could read a whitepaper and make it, now degenspartan just kicks you into the pit for asking what the real og would say

Publius @publius_val ·

@DefiIgnas @DegenSpartan This is the real answer Memecoins are simply the easiest way for KOLs to make money And not because they are great traders (I’m sure some are, but not most)

Money Bunny @MoneyCrptBunny · 282K

@DefiIgnas @DegenSpartan Previous cycles rewarded research now you need clout to survive

Max | Crypto Ops @maxcryptoops ·

@DefiIgnas @DegenSpartan yeah feels like edge moved from research to attention pretty fast

Capy Research @Capy_Research ·

@DefiIgnas @DegenSpartan Whitepapers lost to distribution

h1llyx @h1llyx ·

@DefiIgnas @DegenSpartan you think the cycle length matters more than the shift in how value is extracted now

0xSammy @0xSammy · 89K

@DefiIgnas @DegenSpartan Hate to break it to you ignas, most people on the timeline today probs don’t know who Spartan is 😂😂😭

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Finn @finnonchainhl · 23K

@DefiIgnas @DegenSpartan The game changed, easy money faded, and attention became the new alpha.

5 replies whose parent comment X withheld

0xSammy @0xSammy · 89K

@DefiIgnas @DegenSpartan Hang up the boots I’ll give you $1 to acquire pink brains and you can work 2IC to me under Khala

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Ignas @DefiIgnas · 162K

@0xSammy @DegenSpartan would sell for 1m usd

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0xSammy @0xSammy · 89K

@DefiIgnas @DegenSpartan What’s P/E on that

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Ignas @DefiIgnas · 162K

@0xSammy @DegenSpartan should have asked this during bull run lol

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0xSammy @0xSammy · 89K

@DefiIgnas @DegenSpartan $1 offer it is then 😂

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