Why do people who make a lot of money in cryptocurrency trading generally have a low social status?

Why are successful cryptocurrency traders generally low-key, either actively or passively?

One reason: People who become rich through cryptocurrency trading tend to be more thoughtful, and the more thoughtful a person is, the more cautious they often are. Cautious people are generally more low-key.

Another reason: People who become wealthy through cryptocurrency trading typically only care about the market and have little interest in other aspects of life. Those who excel at trading often spend a lot of time on technical research, resulting in a narrow social circle and a lack of friends with diverse interests.

Even if they have a few friends, most of them are also inexperienced traders. However, among inexperienced traders, once there are differences in skill levels, trading habits, or trading models, it becomes almost impossible to engage in deep exchanges. Therefore, inexperienced traders also find it hard to make broad connections. This leads to cryptocurrency traders generally feeling quite lonely, with a narrow circle of friends. As is well known, in unfamiliar groups, there is no need for ostentatious boasting. Hence, those who become wealthy through cryptocurrency trading tend to be more low-key.

Another reason: Generally speaking, people engaged in real industries or businesses, who amass a fortune of tens of millions, certainly know a few "big brothers" in both the underworld and legitimate circles. The reason is simple: in today’s business environment, if you don’t establish connections with a few "big brothers" from both the underworld and legitimate circles, you will likely be swallowed by others before you can grow that big.

However, cryptocurrency traders, even if they make hundreds of millions, probably won’t have many people from the underworld or legitimate circles in their social circle. In fact, the more wealth they accumulate from trading, the more they tend to distance themselves from those people to reduce the possibility of being targeted for their wealth.

1. This society is one centered around power, and finance is merely a subordinate of power.

2. In the minds of most citizens, successful individuals in the cryptocurrency space are not regarded as investors, but rather viewed as lucky gamblers. This also indicates that in the minds of most people, the cryptocurrency market is closer to a casino than an investment arena.