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Introduction to Deep Tide | "Where Have Those Who Left the Cryptocurrency Circle Gone?" It's hard to completely leave after making some quick money.

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Introduction to Deep Tide | "Where Have Those Who Left the Cryptocurrency Circle Gone?" It

Recommended: "Where Did People Who Left the Cryptocurrency Industry Go?" is an article published by TechFlow, exploring where people who left the cryptocurrency industry during the years of market fluctuations ended up. The article was written by 0xmin&Freya.

Leaving the Crypto Industry: Transitioning to Various Fields or Opting for a More Relaxed Lifestyle

Where Are the Veterans of the Crypto Industry Heading?

  • Founded in 2011, the social media platform "8btc" had a significant impact on the history of Chinese cryptocurrency. Financial writer "Lao Duan" was one of the founders, who chose to liquidate his Bitcoin fund in 2013 and gradually transitioned from a Bitcoin evangelist to a critic. Lao Duan later shifted his focus to the stock market and published several books.
  • Other founders of 8btc, such as Song Huanping, later ventured into restaurant investments.

Where Are the Miners Heading?

  • Due to China's ban, Bitcoin mining separated from China. Some major miners chose to continue mining overseas, while others opted to transition to AI.
  • Some miners chose to "lie flat," enjoying life and no longer participating in risky investments.

Where Are the Entrepreneurs Heading?

Saul, initially involved in internet investments, ventured into the crypto industry. However, due to market changes, his startup did not survive. Saul later decided to leave the cryptocurrency industry and shifted to entrepreneurship in the AI field.

Where Are the Professionals Heading?

  • The movement of personnel in the crypto industry is related to market cycles. Xiao Jun, who previously worked at a well-known VC firm, was laid off and chose to leave the crypto industry for the medical sector.
  • Xiao V, who used to work in the crypto industry, later chose to leave and transition to a major internet company. She also decided to work as an insurance broker on the side.

Conclusion: Most People Are Willing to Return to the Crypto Industry

The article showcases various cases of individuals leaving the crypto industry for different paths, including career shifts, entrepreneurship, or opting for a more relaxed lifestyle. In interviews conducted by Deep Tide, those interviewed expressed their willingness to return to the crypto industry because remote work brought them a sense of freedom.

Respondents stated:

"Once you've made some quick money, it's hard to completely walk away."