When are people realizing they’re trading each other instead of a system, some switch to places where outcomes are quicker and rules are clearer .At what point does “trading” stop feeling like price discovery and start feeling like playing other people?
https://www.sandmark.com/news/features/why-cryptos-retail-traders-are-leaving-trenches-house-0?utm_medium=referral&utm_source=redbot&utm_campaign=redbot-ww-en-brand
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tldr; Retail traders in the crypto space are shifting from trading speculative memecoins, or ‘shitcoins,’ to online gambling and prediction markets. The peak of shitcoin trading was in 2021, but interest and volume have since declined. Many traders have moved to gambling platforms and prediction markets, which offer fast, high-risk outcomes with clearer rules and immediate results. Centralized gambling platforms, backed by significant marketing budgets and celebrity endorsements, are outpacing decentralized crypto trading in attracting participants.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Well, unlike crypto, Casinos and gambling are well marketed not only by social media but also mainstream media. I mean, everywhere! every sport, there’s betting, makes crypto trading boring, technical, say less about the probability to earn is small and slow. So, no wonder why the easier path is being chosen.
Anyway, if you’re just looking to earn more, I suggest, check on r/Tessera_PE, this project allows anyone to buy pre-IPO shares giving you the 100% cash upside of the equity.
tbh when you realize most volume is just bots and degens trading each other’s bags.. at least casino games settle instantly and don’t pretend to be “investing”