There are only three types of people in the crypto world, and only they make money.
The first type is those who treat cryptocurrencies as assets. They buy a bit and hold on without paying attention, even during a bull market, they don't check. They treat their coins as an asset. They might buy a lot and earn 120,000 a year, saving up 30,000 to invest. They have a good mindset, buying cryptocurrencies like Bitcoin, and they don't concern themselves with various market news. They know well that being overly concerned does not equate to gaining more; this belief is ineffective. After two rounds of bull markets, they accumulate a bit each year, and eventually, their assets grow into tens of millions.
The second type relies on luck. They listen to news in the market, make friends, and follow various hot topics. Sometimes they lose, occasionally they win, but when a bull market arrives, they might invest in a project and suddenly earn tens of thousands. I've seen this around me; some can exit in time and convert their coins into physical assets, preserving most of their gains. Others end up giving it back to the crypto world. When the market is flourishing, they might gain a bit of good fortune, but if the market dries up, their assets might be completely taken away, both principal and interest. This is luck in the market cycle. I have also benefited from luck and understand how important it is to know what you know, to exit in time and convert gains into tangible assets.
The third type earns through skill. The crypto world is their ATM. They can launch projects and harvest profits, also play the market, and earn big by following trends. They primarily operate in USDT. They are satisfied when their USDT increases. They don't trust that one asset can be held long-term; only more USDT means fair earnings. This type can make money in both bull and bear markets. Of course, they support rising projects and can exit immediately. Unlike novices, they see profitable projects and don't just take a small profit and leave. They understand the logic behind rising prices and don’t think about high prices as a reason to exit. They focus solely on logic and will exit when necessary.
