Bitcoin has risen to a new high again! Are you happy? Do you still have Bitcoin in your hands?

Unfortunately, most ordinary people who bought those altcoins are still far from breaking even, and many are still losing money.

Why is this happening? Because the cryptocurrency space today is no longer the innovative and technology-driven environment it used to be; it has become a purely speculative place, filled with all sorts of 'meme coins'.

Everyone no longer trusts projects and is afraid to hold for the long term; they just want to jump in to make quick money when they see an opportunity. Only Bitcoin is still regarded as something truly valuable by everyone, which is why it continues to rise, while other coins are merely short-term speculation, heating up for a while and then cooling off.