Will there be a bull market in the cryptocurrency space in 2025?
Someone from a trading platform revealed to me
That compared to six months ago, 70% to 80% of accounts have nearly gone to zero and entered a dead account status. The number of new users surged sharply after Trump issued his coin, reaching a peak and then plummeting again, now only at 2% of its peak. In just six months, nearly four-fifths of retail investors have perished; this bull market has been incredibly rewarding.
Continuously adding positions to your losing trades cannot redeem yourself, but only gives the opposing side opportunities to profit continuously, eventually swallowing you whole!
You are reluctant to cut your losses for survival, but in the end, small mistakes turn into huge errors, leading to total loss.
Even though it is falling every day now, what I mean by no rewards has never referred to a drop.
Let me emphasize again, when I say no rewards
It has never referred to something that will fall.
I have repeated this sentence many times
But there are always people who come to curse me when it goes up and flatter me when it goes down.
No rewards refers to
1. A large amount of old money has been generated in the industry, and opportunities for newcomers are decreasing.
2. Trends are becoming rarer, and fluctuations are increasing.
3. Volatility is decreasing.
If you can't understand this, then you belong to the slightly intellectually disabled group, and you are not suitable for trading cryptocurrencies; you are only suitable for screwing screws. A common misconception is that one needs to understand a lot of things to trade.
Let me use weight loss as an example.
Does losing weight require understanding nutrition, exercise science, or postpartum care for sows?
Is it necessary? Is it necessary? Is it necessary?
No, it is not.
Losing weight only requires six words: eat less, exercise more.
Everyone knows this.
So why are there still so many overweight people?
Because they lack execution.
Telling an overweight person to eat less is harder than killing them.
I just don't believe it; like me, I only eat once a day, and I can still gain weight???
The core of trading is execution.
You can't make money not because you understand less, but because you lack execution like those dead fat pigs.
On the 14th, the AI16Z that fans were advised to position in at 0.14 successfully reached the target of 0.28, doubling (this fan's position was too small, and they closed half of their position at 0.24).
Opening daily positions, continuing to profit. For friends who are confused about making positions and want to recoup losses, just hang on!!