Entering the cryptocurrency world, most people are actually gambling rather than investing in the true sense. This is why there are high-risk plays like altcoins and contract trading. When the market is good, everyone bets wildly, as if becoming rich overnight is right in front of them.

But in reality, gambling also emphasizes home-field advantage. You need to bet in areas where you excel to increase your chances of winning. I used to always advise my followers not to engage in contract trading, but looking back, that advice seems a bit naive. Only by personally participating in gambling can you truly understand what you are good at and what you are not.

On-chain trading, in essence, is also a form of gambling, just in a different format. I used to think that leading everyone to make money was an impressive thing. Now, reflecting on it, that mindset feels too childish. Each person's investment journey must be taken on their own; that's the right path. Even if you lead someone to make money temporarily, if their understanding doesn’t improve, they will eventually lose it back. Investment itself is a game of chance; you may follow your own instincts, but when others lose, they will blame you for being foolish.

Ultimately, this is gambling itself, with no distinctions of high or low. Many so-called VC coins in the cryptocurrency world are also scams. Whether they are graduates from prestigious schools or come from large institutions, their purpose here is the same — to compete with you in the market and take your money.