Why can’t you ever make money in the crypto world?

Every bull and bear market creates wealth for a group of people. This circle is like that, with strong cycles and high volatility.

I know three people born in the 2000s who made over ten million in the last bull market. Did they work their fingers to the bone? Not really, they just happened to be at the right time.

In reality, a person born in the 2000s, just graduated, with no connections or resources, earning ten million in a few years through working or entrepreneurship is almost impossible. But in the crypto world, even if they don’t end up making money, at least it gives ordinary people a chance to turn their fortunes around.

The logic of making money in the financial market is actually very simple: buy low and sell high.

Speaking of the last market, the bear market bottom was '312', Bitcoin dropped to a low of 3800, Ethereum dropped to a low of 88 dollars, and during the bull market peak, #BTC surged to 69000, #ETH reached 4800, ETH increased by 60 times.

So, for ordinary people, there is no absolute bottom, only 'relatively reasonable areas'.

If BTC and ETH drop more than 70%, you can consider dollar-cost averaging. You don’t have to buy at the lowest point, nor should you expect to sell at the highest point. Those who can do that usually have extraordinary luck.

What really determines whether retail investors make money or not are actually two points: the timing of entry and the cost of holding.

Slowly dollar-cost average in a bear market, and slowly cash out in a bull market. Don’t be too anxious; making money relies on patience, not skills.

Without information advantages and without financial backing, you must maintain a steady mindset and hold your positions. Those who can endure are the winners.

It’s not that you’re not fast enough; it’s that you’re stumbling around alone in the dark. I have always been here, the light is right in front of you. If you don’t keep up, you’ll forever be stuck in the night.

#贵金属巨震 $SOL