Why is it so hard to make money in this round of bull market in the cryptocurrency circle?
Dear newbies in the cryptocurrency circle, have you ever heard the saying that "it's easy to make money in the bull market, buy at a low price and wait for a surge"? But recently, such voices seem to be getting less and less.
Why? Because it is really more and more difficult to make money in this round of bull market in the cryptocurrency circle.
First of all, we have to understand that the threshold for investors in the cryptocurrency industry is getting higher and higher. In the past, as long as you were bold and didn't understand technology or fundamentals, you could try your luck in ICO (initial coin offering) and make a little money. But now, with the rapid development of industry technology, in-depth research on fundamentals and continuous improvement of infrastructure, we need to spend a lot of effort to understand those professional terms and complex concepts. If you still stay on the past experience and don't take the initiative to learn and break through, then facing this rapidly growing market, you will feel powerless.
Secondly, the cryptocurrency industry is becoming more and more diversified, and investment choices are becoming more difficult. In the past, there may be only a few sectors and projects to choose from, and funds and market heat can be easily concentrated to form a money-making effect. But what about now? There are countless sectors and projects, but only one in a thousand coins have real investment potential. For retail investors like us, choosing coins is as difficult as finding a needle in a haystack.
Furthermore, the advent of the institutional era has made the market more complicated. Starting with the participation of institutions such as Grayscale, and then the entry of traditional financial market giants such as BlackRock, the number of market participants and funds has greatly increased. As a result, the market trend has become more unpredictable. When there were fewer people, it was relatively easy to divide the cake; but now that there are more people, the situation has become much more complicated.
Although these factors make it more difficult to make money, it does not mean that no one in the market is making money. It’s just that whether we can make money depends on ourselves. Do we have a sense of crisis? Can we make timely adjustments according to the market situation? These are all issues we need to think about seriously.
So, dear newcomers in the currency circle, don’t be afraid of difficulties and challenges. As long as we maintain our enthusiasm for learning, improve our abilities, and actively respond to market changes, we will definitely be able to find our own opportunities in this bull market!
Ares has also been ambushing a currency that is about to explode recently, with a short-term return of 30% and a long-term return of about 5-8 times. As I said before, if you take the initiative to find me, I will take you ashore, and you just lie down.
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Ares will not let my fans miss out in this bull market! This is the truth
