Why Can’t You Ever Make Money in the Crypto World?
Every round of bull and bear markets creates wealth for a group of people. That's how this circle works: strong cycles, high volatility. As long as you don't touch contracts or play with altcoins, even if you just hold mainstream coins, you can start making money.
Contracts? They may seem profitable in the short term, but I've never seen anyone successfully exit long-term. I know three people born in the 2000s who made over ten million in the last bull market just by holding spot. Do you think they worked themselves to the bone? Not really; they just appeared at the right time.
In reality, a person born in the 2000s, just graduated, with no connections or resources, would find it nearly impossible to earn ten million through working or starting a business in a few years. But in the crypto world, even if they don't end up making money, at least it gives ordinary people a chance to turn their fortunes around.
The logic of making money in financial markets is actually quite simple: buy low, sell high.
Let's talk about the last market cycle; the bear market bottom was “312,” Bitcoin dropped to a low of 3800, and Ethereum hit a low of 88 dollars. The bull market peak saw BTC soar to 69000, and ETH to 4800, with ETH increasing by a full 60 times.
At this moment, if you say that a bull market is still far away, that may not necessarily be true. If the U.S. stock market remains stable, BTC at 17800 and ETH at 880 might just be the bottom of this round. As for where it will rise in the future? No one can predict that; we retail investors can only take it step by step.
So, for ordinary people, there is no absolute bottom, only a “relatively reasonable area.” If BTC and ETH drop more than 70%, then it might be worth considering dollar-cost averaging. You don't have to catch the lowest point, nor should you expect to sell at the highest point. Those who can do that are basically lucky.
What really determines whether retail investors make money are actually two points:
🟢 The timing of entry
🟢 The cost of holding
DCA slowly during a bear market and gradually cash out during a bull market. Don’t be too hasty; making money relies on patience, not skill. Without an information advantage or financial backing, you need to maintain your mindset and hold your positions. Those who can endure will be the winners.
Double-tap the screen and get rich every year.