由于财务顾问不愿处理与加密货币相关的请求，零售交易员坐视比特币（BTC）周期的结束

过去几个月，机构和大资金参与者将比特币 (BTC) 价格推向新高，这并不奇怪。既然有如此多的资金涌入，而且图表也屡创新高，为什么散户交易者却袖手旁观呢？

Institutions and big money players have pushed Bitcoin (BTC) to new all-time highs over the last couple of months. But despite so much money flowing in and charts breaking new highs, retail traders are sitting this one out.

过去几个月，机构和大资金参与者将比特币（BTC）推至历史新高。但尽管大量资金流入且图表屡创新高，散户交易员仍对这一事件袖手旁观。

There are several reasons for this. Financial advisors, who typically view traditional assets like stocks and commodities as more stable, are still reluctant to handle crypto-related requests from clients, even as demand is rising.

这有几个原因。财务顾问通常认为股票和大宗商品等传统资产更加稳定，但即使需求不断上升，他们仍然不愿意处理客户与加密货币相关的请求。

“I’ve had clients ask me about Bitcoin, but I tell them I don’t handle crypto,” said Jim Crider, a certified financial planner based in Texas.

“有客户问我有关比特币的问题，但我告诉他们我不处理加密货币，”德克萨斯州的注册财务规划师吉姆·克里德 (Jim Crider) 说。

Crider, who contrasts with his peers that believe Bitcoin is a worthless fad that will eventually go away, said he often recommends that his clients put a certain percentage of their portfolio in Bitcoin, especially considering how the major financial firm BlackRock, VanEck, and others helped the crypto asset reach new heights in 2024.

Crider 与认为比特币是一种毫无价值、最终会消失的时尚的同行形成鲜明对比，他表示，他经常建议客户将一定比例的投资组合投资于比特币，特别是考虑到主要金融公司贝莱德 (BlackRock)、VanEck 等公司的投资方式。帮助加密资产在 2024 年达到新的高度。

“I’ve had clients ask me about Bitcoin, but I tell them I don’t handle crypto,” said Crider, a certified financial planner based in Texas.

“有客户问我有关比特币的问题，但我告诉他们我不处理加密货币，”德克萨斯州的注册财务规划师克里德说。

Crider, who contrasts with his peers that believe Bitcoin is a worthless fad that will eventually go away, said he often recommends that his clients put a certain percentage of their portfolio in Bitcoin, especially considering how the major financial firm BlackRock, VanEck, and others helped the crypto asset reach new heights in 2024.

Crider 与认为比特币是一种毫无价值、最终会消失的时尚的同行形成鲜明对比，他表示，他经常建议客户将一定比例的投资组合投资于比特币，特别是考虑到主要金融公司贝莱德 (BlackRock)、VanEck 等公司的投资方式。帮助加密资产在 2024 年达到新的高度。

But Crider’s approach is far from the norm among financial planners, as evident by the fact that they’re getting more crypto-related requests than ever, according to Jonathan Barrett of New Jersey-based Barrett Financial Advisors, in an interview with Decrypt.

但新泽西州 Barrett Financial Advisors 的 Jonathan Barrett 在接受 Decrypt 采访时表示，Crider 的方法远非财务规划师的常态，事实证明，他们收到的加密货币相关请求比以往任何时候都多。

“We’re seeing more demand from clients who want to trade digital assets,” Barrett said, adding that it’s largely due to the mainstream adoption of decentralized digital assets.”

巴雷特表示：“我们看到想要交易数字资产的客户的需求越来越多。”他补充说，这很大程度上是由于去中心化数字资产的主流采用。

Retail investors typically enter crypto cycles late, which suggests that the current cycle is still in its early stages, according to Noelle Acheson in her "Crypto Is Macro Now" newsletter.

诺埃尔·艾奇逊 (Noelle Acheson) 在她的《加密货币现在是宏观》时事通讯中表示，散户投资者通常较晚进入加密货币周期，这表明当前周期仍处于早期阶段。

People love memecoins

人们喜欢模因币

While retail traders may not be putting their money into major cryptocurrencies, they do have a penchant for memecoins, which now have a market capitalization of over $61 billion.

虽然散户交易者可能不会将资金投入主要加密货币，但他们确实对模因币情有独钟，目前模因币的市值已超过 610 亿美元。

Memecoin trading volume grew five-fold in 2024, driven by the ease with which anyone can create tokens using tools like pump.fun, which automates the process.

Memecoin 交易量在 2024 年增长了五倍，这是因为任何人都可以使用 Pump.fun 等工具轻松创建代币，该工具可以实现流程自动化。

This accessibility sparked a speculative trading boom, giving rise to a niche sector: AI cults. We’re talking about AI memecoins like GOAT, ZEREBRO, and FARTCOIN.

这种可及性引发了投机交易热潮，催生了一个利基行业：人工智能崇拜。我们谈论的是 GOAT、ZEREBRO 和 FARTCOIN 等 AI memecoin。

Yes, you read that correctly: AI memecoins, with a slight air of cultism, are becoming wildly popular. These projects are highly experimental, combining philosophical inquiries with the most absurd internet humor and culture—it’s a wild ride.

是的，你没看错：人工智能模因币带着一丝邪教气息，正在变得非常流行。这些项目具有高度实验性，将哲学探究与最荒谬的互联网幽默和文化结合起来——这是一次疯狂的旅程。

It started with Truth Terminal, an AI agent created by Andy Ay goatse is a very funny meme but more importantly it's a very powerful symbol of the long history of institutional and systemic collapse that we've seen in the West. Consider that in the '90s it was impossible to find on the internet; in the early 2000s it was a cult classic; by…

它始于真相终端，安迪·艾山羊创建的人工智能代理是一个非常有趣的模因，但更重要的是，它是我们在西方看到的制度和系统崩溃的悠久历史的一个非常有力的象征。想想看，在 20 世纪 90 年代，在互联网上找不到信息是不可能的。在 2000 年代初期，它是一部邪典经典；经过…

Truth Terminal inspired a new memecoin called GOAT, which now has a market capitalization of $1 billion. Talk about insanity.

Truth Terminal 启发了一种名为 GOAT 的新模因币，目前该币的市值已达 10 亿美元。谈论疯狂。