Every so often, someone asks me:
"Can you still make a lot of money in the crypto circle now?"
This question is actually not complicated, but it is not simple either.
Today, I will share the current state of the crypto circle from the perspective of an 8-year veteran, honestly explaining whether newbies and ordinary people can carve out a bloody path here.
1. From 'a land of gold' to 'cognitive dividend'.
What was the crypto circle like in its early days?
In summary: buy with closed eyes and hold with closed eyes, and you can make money.
Back then, there was an unspoken rule: as long as you don't mess around in a bull market, you will almost always make money. Any dog coin, some chain, or shady air coin, as long as you can hold it, there’s a high probability it will multiply several times.
But in recent years, it has been different.
The market has become difficult, regulation has tightened, and players have become smarter.
From a land of gold to deep waters, what is now being competed for? It is cognition, information asymmetry, sense of rhythm, and resource integration capabilities.
2. Can you still make a lot of money in the crypto circle? Yes, but it’s harder.
Let's break down what mainstream paths to earning money are still available:
Several types of people who can still earn:
Those who got in early during the bull market cycle.
For example, starting to position BTC, ETH, and SOL around the end of 2022 allowed one to capture this round of doubling market.
Someone who has deeply cultivated a vertical track.
Those who engage in recovery, do security audits, create blockchain games, do DeFi research, or act as media KOLs do not rely on investing coins to make quick money, but rather on long-term accumulation within the industry.
Act as a matchmaker/intermediary.
It's a bit like the logic of 'pimping in the crypto circle', matching people and resources, bringing buyers and sellers together to earn the spread; such people can also earn a stable living, or even become rich.
Several types of people who find it hard to earn:
Retail investors who only look at short-term trends and chase highs while cutting losses.
People who blindly follow trends to grab new coins and rely on luck.
People who are frequently impulsive, trust tips blindly, and lack a sense of rhythm.
These people often end up as bag holders, unable to earn or hold on.
3. What should ordinary people and newbies do?
If you are an ordinary person, a newbie, and you plan to come in and show your skills! Then I suggest: better not to come in, making money in the crypto circle is not that easy! It may seem like picking up money, but losing money is the norm... not losing is a big deal!!!
A truth in the crypto circle: the less you care about price fluctuations, the easier it is to make money. The more you care, the easier it is to lose everything. This is called 'great use from no intention'; do not focus all your attention on the result but rather on the process.
Anyone who has driven knows that you start with slow driving, then fast driving, and eventually end up driving slowly again.
Trading is the same; when you first enter the crypto circle, be careful and earn some money, then you feel capable and drive faster.
The more you play with larger positions and leverage, the more you risk losing it all in the end!
Some people have never even driven a car and just step on the gas pedal all the way; if they don't end up in an accident, that would be a miracle.
Have a sense of reverence for trading and the market; in the crypto circle, often slow is fast!
If you can't even earn from BTC (slow car), then altcoins should be even tougher (fast car).
If you can't even handle the leverage of BTC (fast car), then the leverage of altcoins is pure giving away (flooring the gas pedal).
For newbies entering the crypto circle now, playing on their own is no different from a sheep entering a tiger's den! Regularly investing in Bitcoin might allow you to survive long-term, but aside from that, you're doomed with no hope!
Many misunderstandings about the crypto circle stem from social media hype, project parties' promotions, contract experts' performances, short-term cowboys leading trades, and screenshots shared in friend circles. In reality, anyone with a little common sense would steer clear; if it were that easy, what would the manipulators earn?
In the crypto circle, staying up late, suffering, pain, the misunderstanding of those around you, the panic of a bear market—only those who have experienced it understand. The glamorous appearance is actually the result of countless rounds of hardship behind the scenes.
Taking the example of 'shearing wool', many people only see that others made a billion, but how much effort did they put into research? How much cost did they invest? Have you thought about it? In this circle, every penny earned is not that simple!
The chaos can easily dazzle the eyes; only shallow grass can hide the horse's hooves. Look at the essence of everything, and you won't be easily deceived by appearances. Naturally, you won't lose so badly. Calm down, study what mining is, what blockchain is, what DeFi is, and what alpha is! Observing more, thinking more, and reflecting more is always beneficial!
If you think the trend is coming.
The only thing you need to do is: hold your positions tightly. Seeing correctly and holding on will allow you to earn substantial profits!!!
At this stage of the crypto circle, it is already a foregone conclusion that Bitcoin will break new highs in the future! If you are a complete newbie and want to enter the crypto circle, I advise you to watch more and do less!
In the first half of the year, Bitcoin first surged to over $100,000 due to Trump being inaugurated as President of the United States, but then it fell below $75,000 due to U.S. tariff policies. After the tariff impact slightly weakened, the conflict between Israel and Iran intensified again, leading to turmoil in the crypto market, which can be described as a series of ups and downs.
Bitwise's investment director Matt Hougan maintained a target price of '$200,000 for Bitcoin in 2025' in the latest client report. He and research director Ryan Rasmussen wrote in the report:
Strong inflows into ETFs, growing demand from fund management companies, and the U.S. establishing a strategic Bitcoin reserve have all contributed to Bitcoin reaching an all-time high in May this year.
Due to the progress of crypto legislation, the growing institutional demand, and the adoption of stablecoins, a strong environment for price increases continues to be created.
In summary: I maintain my prediction of $200,000 for Bitcoin because the demand from institutional investors for Bitcoin is simply too high.
4. Conclusion: The ones who truly make money are never short-distance runners.
Those around us who have truly made a lot of money are either those who entered the market a few years ago and deeply cultivated it or those who can see the cycles and dare to heavily invest at key points and hold on.
Their common point is—long-termism.
Endure loneliness, resist temptation, and withstand volatility.
So finally, I want to say:
The big money in the crypto circle still exists, but it is only left for those who layout in advance, deeply cultivate, and have the ability to think independently.
The market has never lacked opportunities; the question is whether you can seize them. By following experienced people and the right people, we can earn more! The team still has spots, so come quickly.
SUI TURMP BONK PEPE OM SOL PNUT NEIRO
