crypto market is no longer the same, what changed?

[Plutomanian]

In previous years, we've heard stories which are true on the records, about how cryptocurrency got innovated and how it pumped so high. The market was really filled with volatility and how crypto traders was personally generating more Ps for themselves, forward to today, alot have changed. No more random altcoins skyrocketing to the moon overnight.

Basically I have my own opinions why the crypto market changed and how things not working smoothly for most of these traders. Furthermore spot on, crypto used to be a space where one can get rich overnight, even within a blink of an eye, boom you're a cillionaire already in the market. Back then, there was not much traffic between these crypto projects because the team behind each of these projects was working pretty hard to make their project top notch but today, no longer what we expects, rather the ratio of failed projects have increased and there have been quite heavy losses made and recorded from traders. Well its understandable because the market have become complex and competitive between investors, and perspective projects, the main whales now concentrate on the long-term projects rather than sticking to the usual over hyped crypto projects, there's huge differences now because everyone is gradually learning the market and the movement behind these altcoins.

Do you have other reasons you think the market no longer moves in massive bullish runs and record more dormant move and bearish stall?

[Stalker22]

I think your entire line of reasoning is backwards!  You say that in those days, "the teams were working hard to make their project top notch."  Really?  That has to be a joke!  Back then, it was a field full of trash projects with obvious copy-paste scams, and worthless meme coins.  The thing that has changed since then is how incredibly naive retail investors have been, such that they will throw their money at anything with a whitepaper attached.  Thankfully, the market finally grew up.

[Ashawowo(OS)]

You still reason crypto investment as gambling just like it used to be before, but times have changed, you talk only of the positive sides of those times as though it's all positive, but a lot of people lost a fortune to those high volatile markets of numerous shitcoins back in the days and I bet you don't recognize that most of those shitcoins that were making waves due to hype and shilling are now worthless and abandoned by the teams behind it having rugged it and scammed lots of people. People got wiser and smarter and tend to patronize what has long-term potentials like bitcoin. The era of excessive gambling in crypto is as good as over, and as Stalker22 rightly said, the markets have grown up quite a lot.

[Marykeller]

Plenty of shit projects on the rise, to scam and defraud people. People are learning their lesson, not to blindly invest in anyhow projects whose ambition is to scam people. Thank goodness we have Bitcoin, which has taught many of us to learn to trust and invest in it for profits in the future because if it is altcoins that we only have, we will continue to be on long thing in this space, to be investing in shitcoins

[Webutxo]

Plenty of shit projects on the rise, to scam and defraud people. People are learning their lesson, not to blindly invest in anyhow projects whose ambition is to scam people. Thank goodness we have Bitcoin, which has taught many of us to learn to trust and invest in it for profits in the future because if it is altcoins that we only have, we will continue to be on long thing in this space, to be investing in shitcoins

I don't think we have shit projects, they are not worthy to be called project because what's their in launching a meme coin with just a X username only, no website, nothing behind the coin and millions of dollars are invested on them, I know there is manipulation behind those numbers but gullible people buy them as investment which continues to give relevance to this people that continue to launch this coins, they know people will always come back to them.

I know we can't stop shitcoins but we can reduce their power by not giving them relevance they want. If they launched this coins and people don't buy them, they are going to get the message but I guess we can't tell people what they want to do and it make sense for them to stop complaining about the way the market treat them.

[Rgram]

In previous years, we've heard stories which are true on the records, about how cryptocurrency got innovated and how it pumped so high. The market was really filled with volatility and how crypto traders was personally generating more Ps for themselves, forward to today, alot have changed. No more random altcoins skyrocketing to the moon overnight.

There is no way a volatile space such as we have in cryptocurrency would exist for a good number of years running more than a decade and it would stay the same. Of course a lot is going to change. How people perceive cryptocurrency, what myths that have been unraveled, the number of investors we have today against yesterday, the awareness it has generated globally and so forth.

People are more aware now and people are taking steps to separate that which is true from that which isn’t and how to handle certain conditions about the market. That’s what we see reflect everyday on the market, individual investor decisions.

[Agbamoni]

I think your entire line of reasoning is backwards!  You say that in those days, "the teams were working hard to make their project top notch."  Really?  That has to be a joke!  Back then, it was a field full of trash projects with obvious copy-paste scams, and worthless meme coins.  The thing that has changed since then is how incredibly naive retail investors have been, such that they will throw their money at anything with a whitepaper attached.  Thankfully, the market finally grew up.

Well said.
The level of awareness has helped reduce crypto scams, rug pulls, and any other issues we can think of. In the past, potential investors were ripped off huge amounts in crypto projects. Like the number of failled project that exist then has failled. Right now, it seems there is a control in the market because many are no longer foolish to fall for a fake project.

[Marvelockg]

In previous years, we've heard stories which are true on the records, about how cryptocurrency got innovated and how it pumped so high. The market was really filled with volatility and how crypto traders was personally generating more Ps for themselves, forward to today, alot have changed. No more random altcoins skyrocketing to the moon overnight.

If you come into crypto with the thought process of making it really fast, you should also know that the same way you can easily get quick profit is the same way loss can also come too suddenly. There had never been a time when something like bitcoin has been extremely volatile to the extent of making someone turn into a millionaire overnight, things that have been really volatile has either been an altcoin or a meme coin and till now, there degree of volatility is still close but with the volatility comes serious risk that's still associated with getting involved with them.

It's better to invest in an asset that's slow in it volatility rather than looking for one that's too volatile and can lead you to loosing too much.

[riscohen4]

Plenty of shit projects on the rise, to scam and defraud people. People are learning their lesson, not to blindly invest in anyhow projects whose ambition is to scam people. Thank goodness we have Bitcoin, which has taught many of us to learn to trust and invest in it for profits in the future because if it is altcoins that we only have, we will continue to be on long thing in this space, to be investing in shitcoins

This especially and people keep falling again and again to scams from shit coins. Never learning from their mistakes or other people mistakes. Always looking for quick wealth that does not exist. If not that needs money to show off to their neighbours that they already made it in life. Most People are quietly criminal without even knowing it. Always on the hunt for quick gains.
If people don't learn from this, crypto scams will still be on the rise. Funny enough, they won't still learn from it. Invest in knowledge before going into something, they won't listen. At the end of the day, we will definitely pay for our consequences one way or the other.

[Ambatman]

Some people would consider everything you complained about Bitcoin and the market
In relation to volatility is a goof news.
The truth is the market is more saturated and has more depth
It takes more dollar to change the direction than it was few years ago
And sorry to disappoint the trend would continue for sometime except on scam or shitcoins.

[CryptoHeadlineNews]

Basically I have my own opinions why the crypto market changed and how things not working smoothly for most of these traders. Furthermore spot on, crypto used to be a space where one can get rich overnight, even within a blink of an eye, boom you're a cillionaire already in the market. Back then, there was not much traffic between these crypto projects because the team behind each of these projects was working pretty hard to make their project top notch but today, no longer what we expects, rather the ratio of failed projects have increased and there have been quite heavy losses made and recorded from traders.

For me, I can boldly say that the large population of people who are already crypto enthusiast is also another factor why we hardly get a project skyrocket quickly unlike before when there were a few number of persons who were into crypto. Because if a project just get launched now, it doesn't take much time before it gets saturated. Unlike before when a project gets launched and even after a month, it's still yet to sell one quarter of its market supply. And the more people gets to know about the particular coin, the more it's value keeps increasing.

[osasshem]

What changed is the knowledge, the advancement in ideas, innovation got a better presentation, security became a more serious business and investors woke up, realizing that throwing their money randomly on different projects that appear are no more the way the market works. Investors also learnt the hard way, seeing their investment capital got missing without a trace. Now, investors has come to fully see Bitcoin for what it is and all others as total alternatives.

The crypto ecosystem has been flooded with large number of crypto enthusiast. The wide adoption of governmental bodies and large institutional bodies also affected the way the market reacts to current happenings. The cash inflow now cannot be compared to then. The circulating supply is another factor that has changed the way market reacts also.

[Miles2006]

Honestly, finding a project with good return is very hard compared to previous times, people are not ready to invest their money in random projects they know nothing about, investors intend to make research about a particular project first rather than investing when there’s no market improvement or a sign unlike previous years as mentioned when everything seems transparent and honest.
Project founders might be the cause probably a community built on lies, false hope will not grow rather they’re just there to steal funds meanwhile at the other hand it’s really difficult building a quality project not minding the intention.