Why are more and more people choosing to leave Web3? How should one stabilize their mindset during a market downturn?

"When the tide goes out, you know who is swimming naked", using Buffett's words to describe the current Crypto market is probably the best description, in the past period of time can always hear or see some information about who is "out of the circle", this kind of information is not more from complaining or complaining, but has become the current state of the industry. (Synopsis: TEAMZ Summit 2025 Official Agenda Announced: Blockbuster Discussion of the Future of Web3 AI Coming Soon) (Background added: I experienced the 7.7 magnitude earthquake, what I saw and heard about the digital nomad in Chiang Mai, Thailand) When the tide receded, I knew who was swimming naked. Why many people have chosen to leave the Web3 industry recently, the author has roughly traced the following main reasons. First of all, the most because of the dismal market in the past period of time or because of the changes brought about by the market, some people have to temporarily leave the industry to find "new life"; Second, Web3 has been in some kind of "pathological" growth over the past year or two, with some value creators choosing to leave the space because they don't see real value growth; In addition, some people see the rise of AI and believe that Web3 is a thing of the past, and they will pursue a new blue ocean market. Of course, the above reasons are obviously different from the individual point of view, but all these reasons cannot be changed from regional to whole, after all, most people in the market still choose to stay on the sidelines or continue to build, because this industry that has developed for more than ten years is not the first time to face such a dilemma. It's just that some people who leave the industry may be some of the more influential KOLs, so it seems to affect the mentality of many people. But the author believes that this stage is the real time to test the Builder, aside from these superficial impetuosity, we need to see more things that the industry is changing or has not yet changed, and here will be briefly described from the following 3 aspects. Has the Web3 industry moved from the blue ocean to the red ocean? According to a research report released by BTC financial services company River in March, only 4% of the world's population currently owns BTC, of which the highest proportion of BTC is in the United States, with about 14% of people holding BTC. In terms of development stage, the current BTC adoption rate is equivalent to the Internet in 1990 or mobile social in 2005. Through this simple data analysis, we can see that the current adoption rate of digital assets, led by BTC, is still in its early stages, far less than the so-called red sea market. Even from the perspective of industry influence, traditional financial giants like BlackRock and Fidelity have just entered, just imagine, will they stupidly come in as takeover men? From logic and data analysis, we must admit that if digital assets are the future direction of development or Web3 is the intersection of the Internet and AI, then the biggest possibility of this game is that it has just run from the starting point to the midpoint, and there is still a long way to go. Is there only a pompous MEME narrative left in the Web3 market? Of course, for the value creation of many of this industry, the most criticized in the past year is naturally the explosion of MEME, because MEME has attracted too much attention, and because MEME has caused many people who have entered the industry to suffer a purge, and even lose confidence in the industry, but as the author said in the previous Weekly, MEME is in evolution, and needs new recovery growth after experiencing a bubble, and this growth may bring value to the industry. Second, we should not only see some superficial hot changes, builders are still building, value projects are still looking for their own breakthroughs. The change in the number of active developers over the past year shows that despite the decline, it is still at a high level. Although it seems that the market has become deserted and lacks a big narrative with industry breakthroughs like DeFi in the last cycle, standing in the present to look back at the past is always calmly full of opportunities, and standing in the present to look at the future is less divided, but isn't this the law of the development and change of anything? Even if we look back at the Web3 industry in 2018, it is still extremely bad, even dozens of times worse than now, but these did not hinder the subsequent outbreak, we need time and patience to wait for the process from quantitative change to qualitative change. Will the Web3 market keep falling? Finally, it is naturally about the price, more than 90% of people will feel that this cycle is very different from the previous rounds, and there is not much similarity, so many "carving boats for swords" predictions have become cannon fodder, but if the concept of the cycle is still valid, then we are most likely still in this cycle, but without the crazy general rise of the past. Recently, because of the GS problem, U.S. stocks plummeted, evaporating nearly $6.5 trillion in market value in two days, and the three major indexes of U.S. stocks recorded the largest two-day decline and the largest weekly decline since March 2020, which also led to a more extreme market in the global financial market, and whether this volatility can usher in a change in the short term needs to be viewed with caution. So, when BTC has retraced by nearly 30%, when the financial market suffers a major change in several years, can the entire Crypto market be left alone, perhaps this is a difficult question to answer. But our earliest economist, Fan Li, also known as the "God of Wealth", has a classic saying worth savoring, "The noble pole is anti-cheap, and the lowly pole is anti-expensive; Expensive as dung, cheap as pearls", perhaps now we are in the delicate moment of "treating everything like dung". Will BTC end up at $500,000 a coin? 7 years ago it sounded like a joke that BTC would reach 1 million yuan a piece, and now it seems that it is not far away, living in the present always has to face reality, but in the face of the future to remain cautiously optimistic, always on the road, always Build. Related stories Not just MEME? $FO tokens seamlessly link Web2 and Web3, airdrops, tens of millions of prize pools, 10,000 concerts, what are the highlights of the FO-X ecosystem? Binance Web3 wallet "4 times a month", how much does the user invest in BNB yield? Must earn? Can MCP and Web3, which connects everything, become the next wave of AI hundredfold narrative? Why are more and more people choosing to leave Web3? How to stabilize the mentality in the market downturn" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".