Recently used DeBank to organize on-chain wallets,
#Debank is a DeFi multi-chain asset management tracking platform,
where you can check the assets of a wallet on different chains,
and wallet dynamics, transaction data analysis, etc.,
I once spent $96 minting a web3 ID,
and also spent gas fees minting various debank badges,
originally expecting an airdrop, but now it seems I have been taken advantage of,
it's just a process of paying tuition
When summarizing wallets, I saw the previous on-chain activity trajectory,
in the last cycle, everyone was active on-chain looking for opportunities
In this cycle, most people have laid flat,
$ETH on-chain gas fees have already dropped below 0.01u,
this so-called "noble chain" network,
once had single transaction fees as high as hundreds of dollars,
in the past various
#Layer2 networks were active,
because ETH mainnet fees were too high and speed too slow,
so we explored faster and cheaper transaction paths,
and unexpectedly, the exploration began to show results,
but the "economic crisis" has appeared, there is no innovative narrative on-chain,
the highway has been built, but the traffic flow is gone,
every layer2 launched immediately peaked, and after TGE fell silent,
now I'm worried about when these Layer2s will stop running,
and the on-chain assets will also drop to zero,
if there are still people with assets on various chains, remember to gather them,
a few cents are also the starting capital for a new cycle
$BTC fluctuates around 68k, unable to rise or fall,
but the market has no liquidity and no trading enthusiasm,
many people are quietly leaving, the crypto circle has really entered a bear market,
the ones who stay are builders,
every bear market is a major sifting, leaving only those with faith,
for those who remain, the most important thing is how to hold on,
if there are no continuous gains, persistence is also just talk,
I don't know how everyone is making money in the crypto circle now?
A friend who just graduated asked,
Can you still find a job (make money) in the crypto circle/web3 now?
I don't have a definite answer either,
in the last cycle I saw some people making money in the crypto circle,
some worked part-time on projects, traded, recruited people for commissions,
or did content creation, or grabbed airdrops, or hoarded coins
but in this cycle, these methods have not been effective,
the market is very unfriendly to new players, starting from scratch is too difficult
If you are optimistic about BTC,
maybe you can make money from outside the circle, invest in the crypto market,
and treat BTC as a savings method, paying long-term attention,
of course, all investments come with risks, participate with funds and energy you can afford to lose
#BTC cycle