Why aren’t people making money? Because the inexperienced still have a conscience.
Why aren’t people making money? Because the inexperienced are still naive.
Crypto is like a prostitute, saying it loves you and will always love you, and the inexperienced still believe it.
Bitcoin recently hit a new high of 112,000 on May 22.
But the market sentiment is generally low, like a dead calm.
Ultimately, this round of bull market is very unfriendly to ordinary people, with a very poor wealth creation effect.
How did it come to this?
1. In this round, the industry has completely become a juicer for inexperienced liquidity, and the manipulators have completely lost the patience to fish for big catches.
As soon as the token is issued, they can't wait to cash out, and the fabricated good news is nothing but a malicious curse to trap the inexperienced.
The naivety of the inexperienced and their beautiful aspirations for the industry have become the best bait for the manipulators.
All crypto projects are just schemes, all pockets, all aimed at making a quick buck and running away.
Cryptocurrency has enough freedom, which also leads to enough shamelessness and filth.
In recent years, my deepest insight into humanity is that without violence backing the rules, humans cannot achieve mutually beneficial cooperation, only deceit and trickery remain.
Success comes from freedom, and failure also comes from freedom; the crypto industry belongs to whoever can deceive others, and rules and transparency are just for fooling the naive.
To make money, one can only follow the logic of the manipulators and drink their soup, retreating in time before they close the net.
2. Ordinary crypto players operate completely on emotion, with very few skills, and most can only hold onto altcoins.
Unless you hold Bitcoin or platform tokens from $15,000, 99% of altcoins will still be stuck in the bear market's pit when Bitcoin reaches new highs, with some coins even dropping below bear market lows.
For professional players, both long and short can make money, but most inexperienced players will only go long.
For now and for a long time to come, the only profitable strategies will almost exclusively be chasing low-quality coins and trading contracts, both of which are extremely high-risk and require extensive expertise, with few inexperienced players able to endure the horrific pain along the way.
The awareness of the inexperienced is always one step behind.
3. Unambitious, they don’t care about losing hundreds of thousands, but make them spend 1,000 to join a community and learn some skills, and they feel the pain.
Typical of those eager to lose big money while making small profits.
Just a kind reminder, at least go through a round of bull and bear markets before entering positions, don’t just jump in and gamble without understanding anything.
People don’t even want to learn with small amounts of money; they’re trading worthless coins? They should just pick up bottles; every one of them is pure profit.
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