In the cryptocurrency world, most people are not investing; they are essentially 'gambling'. High-risk plays like altcoins, contracts, and on-chain trading are constantly emerging, and at their core, they all involve betting on a chance to get rich quickly. When the market is good, everyone goes wild like gamblers, as if they could achieve financial freedom by tomorrow.

But gambling also requires strategy; at the very least, you should choose a 'track' you are familiar with to have a chance of winning. I used to advise people to stay away from contract trading, but now I realize that this kind of thinking was too idealistic. Only through personal experience can one understand in which areas they have advantages and where they are likely to step on landmines.

On-chain trading and primary market investments are actually just variations of a gambling game. I once thought that helping others make money was an achievement, but now I understand—this path can only be walked alone. Even if you help someone make money temporarily, if their understanding does not improve, they will eventually lose it all back.

There is no absolute righteous camp in the cryptocurrency world. VC firms, institutions, and even so-called 'elites' all have the same ultimate goal—to win your chips in this game. This is the reality.