There are only three types of people in the cryptocurrency world, and only they make money.
The first type is those who treat cryptocurrencies as assets. They honestly hold on to a little, usually not paying attention, and even during a bull market, they don't look. They treat their coins as a form of asset, buying a lot; perhaps they earn 120,000 a year and save 30,000 to invest, maintaining a good mindset. They typically invest in well-known projects and don’t care about various positive or negative news in the crypto world; they don’t want to. They deeply understand that caring more doesn't mean getting more, and this belief is ineffective. After two rounds of bull markets, by saving a little each year, their assets can grow into millions.
The second type is those who rely on luck. They listen to news in the market, make friends, and engage with various hot sectors and events. They sometimes lose and occasionally win, but when a bull market comes, they may hit a target and suddenly earn tens of thousands. I’ve seen this happen; some can exit in time, converting their coins into real assets and preserving most of their gains, while others eventually give back to the market. When the market is abundant, surplus can bring them some lucky money, which is fine, but if the market dries up, their assets may be completely taken by the market, along with their principal and profits. This is luck in the market cycle. I’ve also earned through luck and know how important it is to recognize what I know, exit in time, and convert earned money into stable assets.
The third type is those who rely on their skills. The crypto world is their cash machine. They can launch projects, issue tokens, and make large profits by following trends. They mainly operate in USDT, satisfied with seeing their USDT grow. They don’t trust that one asset can be held long-term; only an increase in USDT feels fair. These people can make money in both bull and bear markets. Of course, they support rising projects and can exit immediately. This is where they differ from other novices; they see profitable projects and don’t just make a little profit and leave, understanding that the logic of rising prices is not over. They don’t look at prices, nor do they say something is too high to leave; they don’t think like that. In their minds, it’s all about logic, so they just exit. Share