Three reasons why you can't make money in the cryptocurrency world:

1. You don't invest enough time. Many people asked me, now I don't play games or go out to play after get off work every day, but I still lose money.

I can only tell you that even if you study for 4 hours a day, it is not enough. Professional cryptocurrency investors work all 12 hours a day, except for eating and sleeping. And we are multi-person, full-time, all-in, not to mention big VCs and funds.

2. You lack experience. Many newbies who just entered the industry this year told me that they want to play a contract and a loan. I said don't do it, you can't learn those, just read the white paper honestly, study the fundamentals, and write it down in writing to make a research report. Don't always think about taking shortcuts. I entered the industry in 2010, and several of my friends also entered the industry in 2013 and 2015, and the latest one entered the industry in 2017. You have experienced almost four rounds of bull and bear markets. You have no experience in making money, losing money, or being cheated. You are seriously inexperienced. How can you make a lot of money with your inexperience and time investment? 3. Your trading has no system. Many people who have just come in have no rules at all. When they see a piece of news, they place an order to buy within 2 minutes. If it doesn’t rise after 10 minutes, they feel uncomfortable and immediately think about selling it. Without a mature trading system, you don’t know where the macro position is going? Are you reluctant to stop loss when you make a mistake? Where is the short-term capital movement, how does the sector rotate, and where is the next narrative point. These are all systematic and strategic. If you mess around without a specific trading plan and strategy, of course you can’t make money.