Someone asked my opinion (for God knows why) on why crypto sucks/is so stagnant right now.
In my humble opinion, there has honestly been nothing exciting in the last 5 years in terms of innovation or anything actually cool coming out.
The biggest narrative of the last year or so is DEX perps and on-chain TradFi markets, which while very cool, has absolutely only benefited stablecoins.
On top of that, crypto lost its gambling crown to prediction markets and TradFi where, although shady stuff happens as well, in crypto 99.9% of onchain launches are straight rugs and even the large projects are VC fests that drift to zero after launch.
This has been a theme for years and you can only farm naive people for so long.
So why stick around? Well, because it sucks.
Although crypto is still a young asset class, one thing which was proven in the past was that sticking around when it sucks tends to be a very profitable thing.
Also, purely speculation-wise, crypto is still your best bet to actually make money.
The scam pumps are a feature, not a bug, and there is still a lot of dumb flow to profit from.
If you think crypto sucks now and you might have a better chance daytrading EURUSD or Nasdaq futures. You really don’t.
Anyway, just my 2 cents. I think things might get worse before they get better, but there is really no reason to give up, especially on the trading side of things, as opportunities are still here every day.