Can炒币 make money?

Can make money, but the probability is low: a few people profit through professional knowledge, strict discipline, and luck, while most people incur losses.

1. Why can some people make money?

Early participants profit

Investors who bought mainstream cryptocurrencies like Bitcoin and Ethereum at an extremely low price in the early days have gained tens to hundreds of times in profit as the bull market cycle and project development progressed.

For example: Bitcoin rose from less than $1 in 2010 to $69,000 in 2021 (currently about $28,000).

Short-term volatility arbitrage

The cryptocurrency market trades 24 hours, with severe price fluctuations. Short-term traders profit from the price difference through technical analysis and news operations (such as listing on exchanges and project good news).

Emerging track opportunities

Hot tracks like DeFi (Decentralized Finance), NFT, and MEME coins often have cases of getting rich in the short term, such as Dogecoin (DOGE) and Shiba Inu (SHIB) in 2021.

Leverage and contract trading

Some exchanges offer high leverage (such as 50-100 times), amplifying profits but also increasing risks.

2. Why do more people incur losses?

High market volatility

Cryptocurrency prices are greatly affected by policies, market sentiment, and manipulations, making it difficult for ordinary investors to predict short-term trends.

For example: In 2022, LUNA crashed, with its market value dropping from $40 billion to zero.

Information asymmetry and scams

A large number of imitation coins and air coins plummet after attracting retail investors through false advertising (commonly known as 'rug pull').

Frequent security issues such as exchange bankruptcies and hacker attacks (e.g., Mt. Gox, FTX incident).

Emotional trading

Chasing highs and panic selling exacerbate losses due to fear of missing out (FOMO).

High leverage liquidation

In leveraged contract trading, even slight reverse fluctuations can lead to liquidation, reducing the principal to zero.

Regulatory risks

Uncertainty in policies across countries (such as China banning trading and the U.S. SEC suing exchanges) may lead to market crashes.

3. How to increase the probability of making money?

Control risks

Invest only with spare money, avoiding borrowing or leverage. Diversify investments, avoiding heavy positions in a single cryptocurrency.

Be wary of speculation and bubbles

Avoid blindly chasing MEME coins or unverified small coins.

Stay alert to 'guaranteed profits' and 'insider information.'

Choose reliable platforms

Use leading exchanges like Binance to ensure asset safety.#BNBChainMeme热潮