To make money in the cryptocurrency world, focus on these three points! Three types of people who make money in cryptocurrency:
1. HODLers
Treat cryptocurrencies as long-term assets
Regularly invest a fixed amount in mainstream coins (like Bitcoin)
Do not pay attention to short-term market fluctuations
After experiencing 2-3 bull and bear cycles, their assets significantly appreciate
Typical strategy: dollar-cost averaging with idle funds and holding long-term
2. Lucky Traders
Operate based on market trends and news
May occasionally catch a skyrocketing project
The key is to exit with profits in a timely manner
Most people end up losing and exiting
Characteristics: Profits from bull markets, difficult to sustain
3. Professional Players
Project teams/whales/professional traders
Operate based on USDT
Proficient in market operation rules
Do not rely on a single asset, pursue stable profits
Characteristics: Can make money in both bull and bear markets, strictly enter and exit based on logic
Summary: Long-term investors make money from cycles, lucky traders make money from volatility, professionals make money from knowledge.