The Power of Traffic and the Eternal Opportunities in the Market

When discussing the cryptocurrency market, there is a thought-provoking point: believe in the power of traffic, but do not overly rely on its wisdom. This idea has sparked a reflection on the “end of history thesis.”

In every market cycle, there are people who lose confidence in the cryptocurrency industry and exit, believing that the opportunities have been exhausted. However, this viewpoint is often mistaken. Bitcoin is not the end of the cryptocurrency history, but rather its starting point.

How to reconcile the seemingly contradictory views of “the uniqueness of Bitcoin” and “there will always be opportunities in the crypto market” is indeed an intellectual challenge. The token boom of 2017 may have been driven by supply constraints, but even in the current environment of surging token supply, the market remains vibrant.

Why is this happening? Because what is truly scarce is not the tokens themselves, but the opportunities to profit and get rich. Market participants are always chasing this scarcity, and this chase seems endless.

In this chase game, hot money is like animals constantly chasing the bait in front of them, always going around in circles. Market operators who understand this essence can always design new “game rules” to attract capital inflow.

As long as there is capital chasing profits, the market will continuously create new opportunities. Every new round of hotspots will be packaged as a wealth-building opportunity and widely promoted. However, the reality is often harsh: most chasers may ultimately incur losses.

Those who typically profit are the ones who design the rules of the game and the institutions that provide a platform for these dreams. This phenomenon reflects the eternal nature of the market: opportunities coexist with risks, and wisdom intertwines with greed.

In this ceaseless market cycle, the key lies in understanding its operational mechanisms rather than blindly following or easily giving up. The evolution of the market is an ongoing process, and each stage may give rise to new opportunities.