The current situation in the cryptocurrency world

1. Long-term investment requires a very long time span. Holding Bitcoin, a tenfold increase is somewhat difficult now. Holding altcoins carries too much risk in the long term, it's like a roller coaster every day, and people are getting numb.

2. Short-term trading, waves come and go. Many times buying high and selling low, chasing rises and selling dips.

3 On-chain memes. Bought a few and all went to zero, with no profits from the golden dog; the ones making money are others, and only I am crying.

4 Airdrop hunting. I brushed 100, and currently received only a few; the money received isn't even enough for gas fees, and the future is uncertain.

5 NFT trading. My goodness, is this something that poor people should be playing with?

6 Whitelists, there are many traps, and quite a few have run away.

7 USDT deposit and withdrawal price differences, risk of card freezing.

8 Arbitrage. Not paying attention to depth, and sudden withdrawals, along with account entry times and withdrawal times often fail.

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

10 Private placements, there are more scammers than investors.

11 Exchange IEOs, like Binance, require large funds, but I have no money.

12 Rebates, if not famous, it's hard to attract people.

13 Building communities, the domestic market is sluggish, and there are fewer project parties.

14 Starting paid groups, the vigilance of retail investors is too strong; without some skills, it's really difficult.

15 Proxy investments, with no network or connections, what to invest in, only to be scammed and run away.

16 Grid trading, running in fluctuations also requires time costs to support it; on top of that, a one-sided market can be very miserable.

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

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

19 Mining. Many run away, risks in dual pools are high, single coins have no principal, and there are theft risks in DeFi, always existing loophole risks.

20 PVP. It’s either instant wealth or instant loss, generally it’s more about instant loss.

21 Token issuance to cut retail investors, it's easy to go to jail, and one must have at least a basic conscience.