The market is booming, but if you find yourself in a state of loss and feel reluctant, unable to find the reason, and very confused, then instead of self-consuming, why not look for the reason first? Think clearly about a few questions and find the rules of the cryptocurrency world. Before the article begins, let me ask you a few questions to ponder:
1. Am I one of the 20% or one of the 80%?
2. What qualifications do I have to make money in this industry?
3. Who is making money in this industry?
4. Have I studied seriously, and can my knowledge exceed that of most investors?
5. Do I have the ability to think independently?
6. Is my investment strategy merely following the recommendations of friends, bloggers, or KOLs?
7. Can I remain calm in the face of market manipulation by big players amidst turmoil?
Of course, there is no need to underestimate oneself; this is a law of the world, not our fault, and we cannot change it. If one day the capital market becomes a place where most people make money while a minority loses, it would be strange. The market is just a trading channel; the market itself does not generate profits. For example, in the process of buying and selling Bitcoin, there is no profit generated by Bitcoin itself. The so-called profit from trading cryptocurrencies comes from the price difference during the transaction. Simply put, if you can make money, it means someone else bought your position at a high price, and if you earn, someone else must lose.
Assuming there are ten participants in the cryptocurrency market, each with 10 dollars. If only a few people make money, one person earns 2 dollars from the other nine, making that person have 28 dollars, while the other nine have 8 dollars. The game can continue. If most people make money, nine people earn 2 dollars from one person, resulting in nine people having 11 dollars, while that one person not only loses everything but also owes 8 dollars, making the game unsustainable.
When a few people make money, the market can be sustained; when many people make money, the market will collapse. It's like the lottery; if most people win, the lottery company cannot continue to operate. Only when most people lose can a few people win, allowing the lottery company to sustain its business.
Therefore, the cryptocurrency market will use all means to ensure that the majority of people lose money. How to become one of the few who make money?
$ETH has risen to 2400 again; those who fear heights are always on the road to recovering their losses.
