A common phrase heard in the crypto community is: The cryptocurrency industry is doomed, there are no more opportunities.

There are two types of people who say this.

One type is the new retail investors who just recently jumped in. Filled with passion and dreaming of a tenfold increase, they were harshly taught a lesson by the market—buying high and getting trapped, catching the bottom and flying into the air, futures contracts liquidated. They then start to doubt themselves, question everything, and finally use the phrase "the industry is gone" to cover up their failures. It sounds pessimistic, but it's really just emotional venting.

The other type is the veterans who made big money in earlier years. They have already cashed out, have plenty of money in their pockets, and don’t care whether they keep earning or not. From their high vantage point, they look down and tell newcomers: "All the good opportunities have been taken by us, you’re too late." It sounds like advice, but in reality, it’s a smoke screen.

But I have to be honest—

The crypto market is not finished; it’s just that the era of "making money while lying down" has truly passed. But this also has another side: what does the end of the red dividend mean? It means that a new stage of competition—one of cognition, execution, and patience—is just beginning.

Opportunities are not scarce; in fact, they are abundant. It’s just that they no longer come free for those who chase high without a system, or those who dream of getting rich overnight.

Investing 100,000 yuan to turn it into 1 million, 10 million? Such stories existed before, they still exist now, and they will continue to appear in the future. And such people are not rare.

Conversely, if you take 100,000 to start a business, compete in traditional industries, or fight against capital and connections, and still dream of a hundredfold return? Come on, wake up.

At least in this market, ordinary people still have the possibility to turn things around with their brains. There is still time—this leverage can be used. You can regain control of your destiny through wave after wave of cycles. The outside world may look stable, but your place in it is not guaranteed.

So don’t be scared by pessimistic voices. The market won’t wait for you to find excuses, but it will definitely reward those who refuse to give up, keep grinding, and are willing to keep evolving.

The crypto market has no final ending; it has just entered a knockout mode. In this mode, some are eliminated, and some upgrade.