Is it really easy to make money in the cryptocurrency world? To conclude, it's difficult. The cryptocurrency space has a typical 80/20 rule, where about 20% of people make money and 80% lose money. Those who make money are more likely to be publicized, while those who lose money often remain silent, leading outsiders to mistakenly believe that many people are making money. #BTC

Everyone enters the cryptocurrency world to make money—institutions, project parties, investors, exchanges, KOLs, retail investors, and even the President of the United States wants to make money in cryptocurrencies. This is very realistic; if some people are making money, there are certainly others losing money. As a retail investor who has always lost money, I should seriously reflect on how to survive in this space.

For me personally, my initial purpose for entering the space was simple: I would be satisfied if I could outperform the five-year fixed deposit interest rate at a bank. However, I lost sight of that goal and, during the craziness of 2021, I went all in on altcoins, made profits but didn’t take profits, and ended up losing comprehensively, eventually cutting losses and liquidating my position when I had lost half of my principal. At that time, I still had a confidence I couldn't explain, thinking it would be easy to break even. Indeed, later on, at the end of 2022, I bought the dip when Bitcoin was at 16,000, but due to the influence of the previous cycle, I didn’t dare to take risks in this round. I sold when Bitcoin doubled back to break even and continued to chase the dream of getting rich from altcoins. By November 2024, I realized this cycle was no longer the same as the previous altcoin market, and I decisively liquidated all my positions, informing everyone in the group. Looking back, it wasn’t too bad; during a bear market, just buy Bitcoin and never play with altcoins again.

At that time, I always felt that my luck wasn’t good enough, seeing others’ coins multiplying tenfold or a hundredfold, while my coins just wouldn’t move. Now, looking back, I realize how ridiculous I was. Everyone is here to make money, not to do charity. As retail investors, we should be aware of our position and just follow along with the big players. So my friends, have you come to this realization?