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Crypto fatigue is real.
The sentiments are at an all time low. People are exhausted. Everyone has been burnt out so many times.
Pumpfun flooded the space with hundreds of launches spawning every second. Most not even made by human hand. Just bots that auto scrape news and tweets and then launch coins for every little bullshit.
The worst is, they call it memes. Like how is the death of someone a meme? How is a celebrity a meme?
These are not memes, people are just turning every little news into speculation. Betting on something to go viral. Betting on something to go to market cap x.
With thousands of launches of everyday attention and liquidity get fractured and is all over the place. Every single trade takes 1-2% of the money to the launchpad. And then that money leaves the space - forever.
Long term commitment is rare. Group chats would rather take some news, ask ChatGPT to make a “meme” out of it, and then slap that slop on Pumpfun or your other favorite launchpad and call it meme.
They go ahead, bundle the shit out of it, share it to their “friends” and pull the plug on the first challenge they face. And move on to the next one. And do it over and over and and again.
Finally they complain that everything went to hell. While they are being part of the problem. They play the game the evil launchpads want them to play.
You always feel like the next play might be 1 trade away. 1 more bet and you will retire. While day by day it gets harder because the bots get smarter, the amount of launches gets higher and liquidity gets lost in the vast ocean of bullshit.
Truth is the next play is not 1 trade away. It is not 1 day away. It is not 1 hour away. Even if you hit something promising, you will need the guts, patience and delusional believe to hold through weeks of up and downs to make the money you want to make. Majority does not wait. Because why wait when I can make another bet. There are thousands to take everyday.
Truth is also that being patient means gluing your eyes on the chart. On your X feed. Refreshing DEX every couple minutes to see if someone clipped. Checking if the dev does his work. Looking into bubblemaps. Fighting the PVPs and and vamp attempts. Monitoring the bundles. Hoping that majors don’t dump. Praying that a whale won’t sell.
People are tired man. Imagine spending 14-20 hours of your day in front of a scren. Following numbers that go uo and down. Being mentally distressed at all times. Not calling your parenrs or friends. Day after day.
You get tired. You get cold. You can’t feel anything anymore because you have been burnt out - by the space, by friends, by extractors. Having simple conversations become hard. You can’t focus. You can’t feel.
If this is you, please overthink what you are doing. Step away for a bit. Call your parents. Go feel a bit of sunlight. Touch grass.
I have been this for quite some time. I has my darkest moments in the crypto space. I lost touch to reality to many times. I needed to step out for 1 year just to find back to myself and be able to feel joy again.
Today, I am holding one coin only. I am in it with friends that I had made along the way. It feels like family. Everyone is so hopeful about its future. Everyone supports each other. I join the Telegram and chat with friends. I scroll the timeline and laugh because the memes are funny.
I finally feel again. Hope. Joy. Fun. Community. A return to real memes.
$LOBIN 🦞
The sentiments are at an all time low. People are exhausted. Everyone has been burnt out so many times.
Pumpfun flooded the space with hundreds of launches spawning every second. Most not even made by human hand. Just bots that auto scrape news and tweets and then launch coins for every little bullshit.
The worst is, they call it memes. Like how is the death of someone a meme? How is a celebrity a meme?
These are not memes, people are just turning every little news into speculation. Betting on something to go viral. Betting on something to go to market cap x.
With thousands of launches of everyday attention and liquidity get fractured and is all over the place. Every single trade takes 1-2% of the money to the launchpad. And then that money leaves the space - forever.
Long term commitment is rare. Group chats would rather take some news, ask ChatGPT to make a “meme” out of it, and then slap that slop on Pumpfun or your other favorite launchpad and call it meme.
They go ahead, bundle the shit out of it, share it to their “friends” and pull the plug on the first challenge they face. And move on to the next one. And do it over and over and and again.
Finally they complain that everything went to hell. While they are being part of the problem. They play the game the evil launchpads want them to play.
You always feel like the next play might be 1 trade away. 1 more bet and you will retire. While day by day it gets harder because the bots get smarter, the amount of launches gets higher and liquidity gets lost in the vast ocean of bullshit.
Truth is the next play is not 1 trade away. It is not 1 day away. It is not 1 hour away. Even if you hit something promising, you will need the guts, patience and delusional believe to hold through weeks of up and downs to make the money you want to make. Majority does not wait. Because why wait when I can make another bet. There are thousands to take everyday.
Truth is also that being patient means gluing your eyes on the chart. On your X feed. Refreshing DEX every couple minutes to see if someone clipped. Checking if the dev does his work. Looking into bubblemaps. Fighting the PVPs and and vamp attempts. Monitoring the bundles. Hoping that majors don’t dump. Praying that a whale won’t sell.
People are tired man. Imagine spending 14-20 hours of your day in front of a scren. Following numbers that go uo and down. Being mentally distressed at all times. Not calling your parenrs or friends. Day after day.
You get tired. You get cold. You can’t feel anything anymore because you have been burnt out - by the space, by friends, by extractors. Having simple conversations become hard. You can’t focus. You can’t feel.
If this is you, please overthink what you are doing. Step away for a bit. Call your parents. Go feel a bit of sunlight. Touch grass.
I have been this for quite some time. I has my darkest moments in the crypto space. I lost touch to reality to many times. I needed to step out for 1 year just to find back to myself and be able to feel joy again.
Today, I am holding one coin only. I am in it with friends that I had made along the way. It feels like family. Everyone is so hopeful about its future. Everyone supports each other. I join the Telegram and chat with friends. I scroll the timeline and laugh because the memes are funny.
I finally feel again. Hope. Joy. Fun. Community. A return to real memes.
$LOBIN 🦞
