How much money have you lost in the crypto world?
After careful calculation, I have lost nearly one million, deeply realizing that the crypto world is not suitable for most people. The vast majority are losing money, especially this year, as many mistakenly believed it was a bull market, only to see prices drop immediately after entering, with some losing half their investment within a week.
Bull market fantasies, actual losses
While everyone is looking forward to a bull market, most end up losing money. Unless you have an abundance of funds, the risks in the crypto world are significant, and losses in the future are still hard to avoid.
Bitcoin's growth is limited, other currencies could go to zero at any time
The growth potential for Bitcoin is already small, and other currencies face the risk of being delisted or going to zero at any moment. Just like this year, over 100 currencies were delisted on OKEx, and one-third of the currencies disappeared.
Stocks are safer
If you have some spare cash, stocks are much more stable than the crypto world. The stock market carries relatively lower risks, and investing in stable companies offers more security.
Conclusion: Invest cautiously
The crypto world carries high risks and could lead to total loss at any time. If you are not in desperate need of cash, considering stock investments is more rational.