According to TechFlow, on December 27, cryptocurrency analyst Miles Deutscher pointed out that there is a misunderstanding in the crypto market that every transaction must be profitable.
He said that if you invest in 10 currencies, even if 8 of them go to zero, as long as 2 of them achieve a 10-fold increase, the funds can still double; even if only 1 currency achieves a 10-fold increase, the principal can still be preserved.
Deutscher emphasized that investing does not require being right every time, but only requires making money on enough right opportunities.