The cryptocurrency market, or crypto, has long been a playground full of opportunities, but also fraught with risks. However, there is one thing that always bothers me: why is it that when prices rise 200%, 400%, everyone cheers as if they just won the lottery, but as soon as it drops 30%, they turn around and call it a 'scam'? This is not a fair and accurate perspective.
1. Look at the Whole Picture, Not Just a Part
The crypto market doesn't always go up, but have you ever looked back? Despite the pullbacks, the overall profits the market brings to long-term participants often far outweigh the losses. A 30% drop after a strong rally is not a 'scam', but a normal part of the market cycle.
Do you see any market that doesn't have cycles? Real estate, stocks, even gold prices – all have their ups and downs. So why, when crypto prices drop, do you shout that the market is 'manipulated'? Instead of blaming, ask yourself: 'Have I prepared enough knowledge and strategy? Or am I just chasing the hope of getting rich quickly?'
2. Greed and Lack of Knowledge Are the Biggest Enemies
Many enter the market with unrealistic expectations: 'I will multiply my account by 10, 50 in a few days.' But have you forgotten that those who truly succeed in crypto are not the greedy ones. They are those who understand that:
Investing requires a long-term strategy: Those who win big often buy at the bottom and patiently wait for years.
No one gets rich just by luck: You cannot rely entirely on luck without knowledge or skills.
When the market declines, those who lose often are those who use excessive leverage or dive into futures contracts without fully understanding the mechanics. Significant losses are not because the market 'tricked' you, but because you don't know how to play safely.
3. 'Whales' Are Not the Bad Guys
Many criticize the 'whales' – large investors with the ability to manipulate the market – when they shake prices. But think about it: what would the market be like without them?
They help eliminate irresponsible investors, those who chase the peaks without knowledge.
They keep the market more stable in the long run, even if their actions sometimes seem 'ruthless'.
The crypto market is not a playground for the lazy or dreamers. If you participate with the mindset of getting rich quickly, you are making yourself an easy target for the 'whales'.
4. Opportunities Are Only for Those Who Are Patient and Knowledgeable
Crypto presents a great opportunity – but it's not for everyone. It's only for those:
Understand that the market has cycles of rise and fall.
Know how to manage risk, avoid greed, and not chase fleeting trends.
Be willing to learn, research, and invest time to fully understand how the market operates.
These people do not panic when the market adjusts, as they know it is an opportunity to buy more at lower prices. Meanwhile, those lacking knowledge often only complain and blame others.
5. Who Is the Real Scammer?
After all, you should ask yourself: is the market really a 'scam', or are you the one deceiving yourself?
The market always follows the laws of supply and demand, it's not something to 'scam' anyone.
It is you, with your greed and lack of understanding, who harm yourself.
Remember: investing is not gambling. If you want to make quick money without putting in the effort, buy a lottery ticket. Crypto is not for the impatient who only focus on instant profits.
Conclusion: If you want to succeed in crypto, learn to master your emotions, be patient, and accumulate knowledge. If not, this market will soon 'eliminate' you. And when that happens, accept that it's not the market's fault, but your own.
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