1.5 million people blown out: Bitcoin's 'wealth creation dream' has long been a 'money burning machine' for most.

Recently, the news of Bitcoin's sharp decline and 1.5 million people being liquidated has gone viral. Looking at those stories of 'losing everything overnight' reminds me of my experience six months ago when I was looking at apartments in Chengdu—there were two properties with excellent locations and layouts, listed at prices directly half of the market value, even lower than the original purchase price. The agent said the owners were leveraged investors in cryptocurrencies, eager to sell their homes to fill the gaps caused by their losses.

This scene is actually a reflection of many Bitcoin investors today. A few years ago, people in Shenzhen who got involved in the crypto space indeed made a fortune from the early dividends, but that was an opportunity during the 'wild period,' which is completely different from now. I always can't help but advise those around me not to rush into this market anymore. It's not that they absolutely can't make money; it's just that the likelihood of becoming 'the one being harvested' is high.

Every industry has its life cycle, and Bitcoin has long passed the 'early entry leads to easy profits' growth phase. It's like thinking of starting a Taobao business in 2020; unless you have extraordinary luck and resources, you're basically just a participant. The current Bitcoin market is increasingly risky, with higher leverage and risks that have already exceeded the tolerance of ordinary people—winning might only mean earning a bit more, but losing could mean selling your house and losing years of savings. Is such a gamble really worth it?

In life, there are no shortcuts to 'getting rich overnight.' Those seemingly enticing opportunities are 98% setups designed to 'send people to their doom.' Instead of enjoying a stable life, one insists on betting on a minuscule probability outcome, ultimately becoming 'a meal on the table' for early tycoons, which is truly not worth it. $BTC $ETH $BNB