Making money in the cryptocurrency world is not difficult, but many people struggle to make money or even lose money; this is a strange phenomenon.

Since entering the cryptocurrency world, I have seen many people getting rich quickly through virtual currencies, and I have several friends with substantial assets, mostly engaged in long-term and trend trading, including myself, who also benefited from the bull market in 2021 and the significant market movements in recent years.

The logic of making a profit from trading cryptocurrencies is simple: buy low and sell high. Everyone understands this principle, but many people cannot control their impulses and make rash trades when there is no clear market direction.

In a bull market, making money is easy; money comes in like a strong wind, and you can make profits just by buying randomly. However, this is merely due to trends and luck; if you take this as a reflection of your own skills, it can be very dangerous. All major losses stem from excessive confidence.

Newcomers to the market often find it hard to retain their earnings in the early stages, usually losing both principal and profits. Only after experiencing losses and going through enough trial and error and reflection will they gain insights and gradually get back on track.

Do not leave the cryptocurrency world easily, as this is currently the best way for ordinary people to change their fortunes, or perhaps the only way.