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Feb 02
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AVOID
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Thiccy
Quant Trader / Crypto Analyst
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Thiccy states the onchain game is "solved" and "too efficient" at extracting value from retail. In 2021, the game was new. Now, sophisticated actors use bots and tools to extract value instantly. Without a fresh influx of retail "fish," the ecosystem is purely PvP (Player vs Player) with diminishing returns. AVOID. The risk/reward is poor compared to 2021; the "easy money" phase is over. A sudden new mechanism (like a new DeFi summer) reinvents the game and attracts fresh retail liquidity. |
Thread Guy
Crypto is in TROUBLE.. and only ONE THING can...
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