How to Navigate the Crypto Wasteland Making the Most of Your Downtime in the Coin Market

Coin World reports:
Authored by: Deep Tide TechFlow
Recently, there has been a very popular article titled “How to Get Through Historical Trash Time”.
What is historical trash time?
Simply put, it is a moment in history when economic laws are violated, and individuals find it difficult to reverse the situation, with the overall trend seemingly doomed to failure.
For example, Japan has experienced a stagnant economy for thirty years since the burst of the bubble in the 1990s, with young people lacking opportunities and both national and personal development hitting a ceiling.
For instance, the period of the Great Stagnation in the United States from 1970 to 1982, characterized by high inflation, high unemployment, and low economic growth.
For example, the Soviet Union from 1979 to 1989, and even until now in Russia.
A speck of dust in the era, falling on an individual’s head, becomes a mountain.
In the face of the overall trend, individuals always seem insignificant. Warren Buffet became the “Stock God” because he was born in the United States and invested in US stocks; the rise of the wealthy class in China has been riding on the wind of China’s reform and opening up over the past 40 years; some people have obtained tens or even hundreds of times returns by investing in altcoins/MEME coins, because the rise of Bitcoin has driven market sentiment and brought in incremental funds…
But if the entire market or country is in a downturn, individual efforts will be in vain.
In the investment market, “trash time” is particularly vivid.
Taking Bitcoin as an example, most of the gains are concentrated in a few months, and the increase within those months is concentrated in a few days.


Recently, Tom Lee, from Fundstrat Global Advisors, also stated that
most of Bitcoin’s annual gains occur within 10 days each year. “If you exclude the top 10 performing days of the year, Bitcoin actually has a negative return.”
All the waiting is just for those crucial ten days.
So, how should individuals deal with the trash time in the investment market?
In this regard, A-share investors may have some experience.
The first method is to lie down.
This is the way most Japanese people choose after the burst of the economic bubble. Under the mountain of the era, individual efforts are very insignificant. Since they cannot resist, they lie down and enjoy, unable to change reality, so they change themselves.
In the words of friends in the coin circle, go out and enjoy life. Stop being held captive by the candlestick chart, go outdoors for a walk, go on dates with beautiful people, meet friends…
You see, whether it’s Binance/OKX and other exchanges reminding you day by day, “Touch Grass” (go out and touch some grass, don’t live in an online echo chamber, see the real world).


At this time, stay away from frequent trading, invest in core assets such as Bitcoin regularly, and continue financial management with USDT and other cash is a great blessing in life.
The second method is to moisturize.
For example, in the 1990s, many Japanese companies chose to go overseas and created a second Japan abroad. Many people also chose to go to China for gold, finding new opportunities in the non-trash time market.
Investing is the same way. When A-shares are in trash time, many A-share investors switch to US stocks and the crypto market.
In 2024, when the crypto market is also in trash time, investors will shift their focus and liquidity to US stocks.
This is not speculation, but a real situation. The US stock market has absorbed a large amount of liquidity from the crypto market this year. Many crypto billionaires with billions of dollars have made substantial investments in companies like Nvidia and Tesla, reflecting another reality:
The overall wealth effect in the coin circle this year is far less than that of the US stock market.
The third method is to roll.
When the cake does not grow, to get more cake, one must snatch the cake from others, which is rolling. You have to be ruthless to others and even more ruthless to yourself.
The rolling in the crypto market typically belongs to on-chain PVP and rug pulling.
For retail investors, there are greater opportunities on-chain. After all, in exchanges, your counterpart may be market makers, exchanges, and project parties, but in a relatively clear chip structure on-chain, everyone may become a main player by participating early and then rely on fooling group members to complete liquidity exit.
However, as on-chain activities become more intense, the lifespan of each dog coin is getting shorter, from 1 week to 1 day, and even to 1 hour. This is a more brutal fight, not to mention various MEV robots and professional rug issuing teams on-chain.
Friends online, rolling enough, you should come.
Finally, I have to say,
History has trash time, but individuals do not.
According to data from “A Millennium of World Economic History,” per capita GDP in Western Europe did not increase in the first millennium AD; there was a slight improvement from 1000 to 1500, and real progress after the 18th century. China’s per capita GDP in the first millennium was slightly higher than that of Western Europe, but it also stagnated for a thousand years; the first 900 years of the second millennium were the same, and it was not until the last hundred years that there was a surge.
Looking back on history from a higher perspective, human beings have been in “historical trash time” for thousands of years, with no improvement in productivity or asset appreciation, and every individual’s or generation’s efforts seem to be in vain, like experiencing a long winter.
Historical opportunities often only fall into the hands of one or two generations, but everyone still has to live and live well.
Perhaps we have missed the best time to invest in Bitcoin. In the unchangeable present, perhaps it is still not that bad, the most cost-effective choice.
Finally, a poem by Zhang Yuangan from the Southern Song Dynasty