Current Situation in the Cryptocurrency World

1. Long-term investment requires too long a time span. Holding Bitcoin, achieving ten times returns is a bit difficult now. Holding altcoins has too much long-term risk; it's like a roller coaster every day, people are numb.

2. Short trading, buying high and selling low repeatedly, chasing rises and cutting losses.

3. On-chain memes. Bought a few, all returned to zero, with no profits. Those making money are others, only I am crying.

4. Snatching airdrops. Snatched 100, but currently received only a few, and the money is not enough for gas fees; the future is uncertain.

5. Getting into NFTs. My goodness, is this something poor people should play?

6. Whitelists, many traps, and quite a few runaways.

7. USDT deposit and withdrawal price differences, frozen card risks.

8. Arbitrage. Not paying attention to depth and transfer rates, along with deposit and withdrawal times often leads to losses.

9. Gambling on openings, often losing money even before betting.

10. Private placements, there are more scammers than investors.

11. Exchange IEOs, like Binance, require large funds, but there’s no money.

12. Rebates, if you’re not well-known, you can’t attract many participants.

13. Building a community, the domestic market is down, and there are fewer project parties.

14. Opening paid groups, the vigilance of retail investors is too strong; if you don’t have some skills, it’s really tough.

15. Agency investment, without any connections, investing in anything can lead to being scammed and run away.

16. Grid trading, running in a volatile market also requires time cost support; in a one-sided market, it can be disastrous.

17. Hot trends, market enthusiasm can’t keep up, always eating dust behind others.

18. Snatching purchases, can’t grab anything, gas fees wasted a lot.

19. Mining. Many run away, dual pools have high risks, single coins have no capital, and DeFi also has theft risks, with loopholes always existing.

20. PVP. It’s either becoming rich or going into debt, generally more into debt.

21. Issuing coins to exploit retail investors, easy to land in jail, and one must have at least a basic conscience.