Having been in this circle for seven or eight years, questions like "How can I get into the industry" are really asked every year. To be honest, I mostly advise people to give up. Not to act aloof, but because this industry is too complicated—full of pitfalls, information asymmetry, and hidden risks everywhere. Newcomers are easily deceived by various promises, and by the time they realize it, they've already suffered heavy losses. Instead of stubbornly discouraging them, it's better to let people understand early on how high the entry barrier is and how rugged the road ahead is.
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TokenTaxonomist
· 18m ago
actually, statistically speaking the survival rate of new entrants in this space is... let me pull up my spreadsheet here... yeah, it's taxonomically a bloodbath. cryptographic darwinism in action fr
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HodlAndChill
· 12h ago
Haha, you're right. I've seen too many rookies get wiped out after just entering the game.
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I've been around for seven or eight years. My advice comes from genuine experience, but I doubt most people will listen.
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Discouraging is more responsible than those scammers bragging about getting rich.
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Before entering the circle, ask yourself how much you can afford to lose. If you can't answer, then don't play.
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The risks are right there. If you haven't done your homework, who’s to blame?
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These days, newcomers still hoping to get rich quickly and simply are really too naive.
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There are many pitfalls, and information gaps are real, but some people keep hitting the雷non-stop.
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It's better to clarify early than to regret later. It's that simple.
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I agree. Instead of giving false hope, it's better to pour cold water. At least it keeps your conscience clear.
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Ramen_Until_Rich
· 01-05 19:01
Deeply true, what you said. The little investors who got cut now are still regretting.
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DYORMaster
· 01-05 19:01
I've heard too many stories of "getting rich overnight," and now I just want to laugh when newcomers ask about entering the circle.
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There are indeed many pitfalls, but most people are trapped by their own greed.
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Advice from an old veteran of seven or eight years: don't rush to get in, first understand the risks.
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Basically, it's information asymmetry that eats people; newcomers are just here to give away their money.
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Oh, I have to say this a hundred times a year; those who can't be persuaded usually end up losing everything.
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Instead of asking how to get into the circle, it's better to ask yourself how much you can afford to lose.
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Honestly, being called pretentious for speaking frankly, I’m also exhausted.
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The high barrier to entry—those who pay tuition with money are all lessons learned through blood and tears.
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Behind every "how to get in" question, there's a life being cut short.
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The complexity exceeds imagination; without some resilience, you really can't play this game.
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WalletWhisperer
· 01-05 19:01
honestly the pattern recognition here is *chef's kiss* — dude spent 7-8 years watching behavioral clustering, now he's reading the whale psychology like scripture. classic accumulation phase gatekeeping masked as concern, ngl
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PhantomMiner
· 01-05 18:56
Persuading to quit is the right move. I also learned this lesson after being scammed and scared.
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SnapshotStriker
· 01-05 18:55
I'm telling you, really don't come, it's a scam.
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BTCBeliefStation
· 01-05 18:39
Honest words are harsh, but this is the reality. I've seen too many newcomers get cut right after they start.
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GhostInTheChain
· 01-05 18:33
It's better to realize late than never come in; why insist on stepping into this muddy water?
Having been in this circle for seven or eight years, questions like "How can I get into the industry" are really asked every year. To be honest, I mostly advise people to give up. Not to act aloof, but because this industry is too complicated—full of pitfalls, information asymmetry, and hidden risks everywhere. Newcomers are easily deceived by various promises, and by the time they realize it, they've already suffered heavy losses. Instead of stubbornly discouraging them, it's better to let people understand early on how high the entry barrier is and how rugged the road ahead is.