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I believe that the era of becoming wealthy with hundreds or thousands of times returns through holding Spot Crypto Assets is likely over. Looking back at when Shiba Inu and Pepe coin were first launched, most investors were skeptical about these meme coins; however, their astonishing rise did indeed bring immense wealth to early investors.
Subsequently, the market saw a large number of imitators, but the result was often heavy losses for investors. Just like Trump coin, which skyrocketed to $75 just a few days after its launch, only to plummet afterwards, leaving many deeply in the red.
Especially after the emergence of the Pump Fun platform, fraud groups began to produce a large number of meme coins, which have been reduced to a tool for harvesting leeks, and only these unscrupulous organizations really profit.
What about the mainstream currencies? Bitcoin has risen from $19,000 in December 2017 to about $105,000 now, an increase of about 5.5 times. But in fact, the average person invests in the spot, and such a rate of return simply cannot help the low- and middle-income groups achieve financial freedom. After all, the amount of Bitcoin that the average person can buy is very limited.
The situation with Ether is even less rosy. It reached a high of $4,800 in November 2021, but so far those who bought above $4,000 have not paid off. My personal judgment is that by 2025, it is likely that it will be difficult for Ether to break through $3,500.
My point of view is that the elite at the top of the pyramid have blocked the path to wealth through Crypto Assets. The social structure determines the need for a large number of lower and middle-class workers, and those in power will not easily allow ordinary workers to become wealthy.
The crypto market is likely to have evolved into a place where a few groups harvest the hard-earned money of ordinary investors. We should adjust our mindset and recognize that at this stage, Crypto Assets may no longer help ordinary people achieve financial freedom, so it is not advisable to invest too much money in this field.
Still, Bitcoin has some value as an investment, as it still has room to grow in the long term, but it may be limited and more likely to provide investors with modest returns than the financial freedom they dream of.