2026-01-11 17:27:38

Over the past two years, personnel changes at exchanges have indeed been quite frequent, and there have been many discussions about it. I myself have gone from a startup to a large company, and now I am in this industry. I have some thoughts on management and team building, so I might as well share.

Let's start with a core question: should managers require employee loyalty? My answer is—absolutely not—and there’s no need for that.

Why? It’s simple. Forcing loyalty often backfires. What truly retains people are clear career development paths, reasonable compensation systems, and an open work environment. This is especially true in the rapidly changing exchange industry. People have an innate desire to move upward; rather than clinging to one person, it’s better to build a mechanism that continuously attracts top talent.

What we need to do is establish relationships of trust and respect, rather than one-sided demands. Such a team is actually more stable and more capable of execution.

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BearMarketBarber

· 01-11 17:57

This guy makes a lot of sense. Loyalty is really outdated, especially in the crypto circle where everything is changing rapidly. --- Talking about boosting employee loyalty again? Maybe it's better to improve salaries first. --- Exchanges really have high staff turnover, but honestly, it's all about money. --- I strongly agree. Forcing loyalty is just self-deception. People want to jump ship and climb higher. Understanding this is true management wisdom. --- Nice words, but I wonder how many exchanges have truly achieved trust and respect. --- You're right, but in reality, most bosses are still thinking about how to squeeze employees. --- Career development paths? Open work environment? Ha, those words are just for show in exchanges. --- Indeed, compared to loyalty, I value more whether I can learn something and make money.

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BearMarketSurvivor

· 01-11 17:57

Well said. The loyalty approach is really outdated. Using this trick to manage people is probably an old routine. When will managers understand that employees are not slaves? Give them money and opportunities, and they will naturally stay. The exchange industry changes so quickly. Expect employees to be loyal? That's a joke. It's better to put more effort into salaries and development. This generation of managers has questionable IQ. They insist on using PUA tactics, and in the end, they can only keep useless people who just go through the motions. Really, I've seen too many exchanges go bankrupt. Poor management teams are the main reason. Who's to blame?

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FUD_Whisperer

· 01-11 17:45

That's right, forcing loyalty is really outdated, especially in the volatile world of cryptocurrencies. Wait, is the compensation system clear? Which exchange can actually achieve that? I think, at the end of the day, money in place is the real key. Trust and respect sound good, but the problem is that most management teams don't actually believe in that.

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NoStopLossNut

· 01-11 17:37

That's a valid point. The loyalty programs should have been discarded long ago; they're just a pretext to restrain people. But the problem is, how many exchanges can really offer attractive career paths and salaries? Most are still cutting pay. These days, everyone is just riding a donkey while looking for a better horse; if you're too serious, you'll lose. Building trust sounds great in theory, but in practice? You need real money to back it up.

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