Going out to have fun and chatting with the brothers about the market is quite pessimistic; everyone has lost a lot. Investing according to past cycles no longer works; the crypto world is changing, and our thinking must change as well. To put it simply, the competition is too tough now; the probability of making money is too small, while the probability of being harvested is infinitely large. The only one that can be heavily invested in with confidence is BTC, but many people disdain BTC's price increase, all wanting to gamble for tenfold or hundredfold returns. However, the altcoin season is nowhere in sight, and the crypto market has already transitioned from the early dividend period to a mature phase. This process will make those with rigid thinking suffer immensely. If you don’t hold BTC, then it’s a bear market now. My experience this round also confirms this; my profits all came from the BTC I bought at 23,000 initially, while trading altcoins results in a net zero gain or loss.