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Opinion: The Web3 market is still in its early stages and is viewed as a “lottery” by investors

2024-10-20 07:35
Odaily News Artur Guliński, co-founder of Orbitt, said the Web3 market is still in its early stages and many participants view it as a "lottery." This trend is particularly evident in blockchain ecosystems where meme coins have a significant impact. These characteristics are currently what distinguishes Web3 traders from their counterparts in traditional financial markets, which are less volatile. However, Guliński pointed out that more and more Web3 traders are moving from short-term strategies to long-term strategies, which shows that the market is maturing. Guliński also warned against over-reliance on software such as scam checkers. While valuable for newcomers, Guliński emphasized that these tools "should complement, not replace, healthy skepticism and research." (Bitcoin.com)