People who can make money in the cryptocurrency circle can be roughly divided into three categories:

The first category is those who treat virtual currency as an asset for long-term holding. Their operation is very simple, that is, they choose some large-cap currencies such as Bitcoin and buy them and leave them alone, and they rarely pay attention to them even when the bull market comes. For them, buying coins is like saving assets. If they have spare money, they will invest a little - for example, if they earn 120,000 yuan a year, they can save 30,000 yuan and invest it. They are very stable. They never get entangled in various news in the cryptocurrency circle, and they know in their hearts that they may not make more money by thinking about it blindly, so there is no need to spend that effort. Just stick to it, survive two rounds of bull and bear markets, save some money every year and invest it, and finally the assets may increase to tens of millions.

The second category is purely based on luck. This kind of people listen to news everywhere in the market, mix in circles, and toss back and forth with hot spots, sometimes losing and sometimes making money. But in a bull market, they may guess a certain currency and make tens of thousands of yuan at once. I have such examples around me. Some people were able to stop in time and exchange their coins for houses, cars and other real things, thus preserving most of their gains; others eventually lost their money back to the cryptocurrency circle. When the market is good, it is like rain, occasionally giving them some "good luck"; but when the market is bad, their money will be swallowed up with both the principal and the interest - this is the lucky player who relies on the market cycle to make a living. I have also made money by luck, and I know my level well. It is the right way to withdraw in time and exchange the money I earned for reliable assets.

The third category is truly capable. The cryptocurrency circle is a cash machine for them: they can issue coins for their own projects to harvest retail investors, they can also control the market, and they can also make a lot of money by following the trend. They mainly play U-standard (operating in stablecoins), and they are satisfied with seeing the number of stablecoins in their hands increase. They don't believe that there are any assets that can be held for a long time, and they think that only when the number of stablecoins increases can they really make money. This type of people can make a profit regardless of the bull market or the bear market, and they can immediately withdraw from the projects they hype when it is time to withdraw. This is exactly where they are better than novices: they are optimistic about a project that can make money, and they will not run away after making a little money. As long as the logic of rising is still there, they will continue to hold on. They don’t care about the price, and never think "this coin is too expensive, I should sell it" or "it’s too high, it may fall". They only recognize the logic in their hearts, and if the logic is no longer there, they will withdraw decisively.#币圈