[Traders: The Altcoin Market Has Become Pure PVP, Long-Term Holding Is Worthless] Odaily Planet Daily News - Trader Hanba Longwang stated in a post that the crypto market is an 'absolute negative-sum' PVP game, where most altcoins generate no real value, and wealth is driven solely by external capital. He pointed out that while BTC continues to hit new highs, the ceiling for altcoins is getting lower and lower, from 2021's People and ORDI to the current Binance Life, with hype and market cap decreasing round by round. 'The fools who believe in altcoins have already been wiped out,' he said. He believes that wealth in the crypto space is constantly transferred between players at different stages, and in the end, only the smarter speculators remain. He emphasized that long-term holding of altcoins is meaningless, as 'the upside is limited, and the downside is bottomless.' True profits come from speculative hotspots and 'picking up the pieces' during black swan events. In his view, the essence of the crypto space is still a casino, and beyond mainstream coins and platform tokens, there is almost no long-term value.