Many are lured by the bull market in the #crypto sphere and indeed make quite a bit of money in a short time. But here's the thing, they often can't hold onto this wealth. Why?

Some folks see the bull market approaching, they become bolder, making some profit but wanting more. They're not satisfied, feeling they haven't made enough money, so they increase their investment, even borrowing money for leverage. And what happens? When the market changes, they lose all the money they previously made, and even more.

Then there are those who don't really understand the crypto world, they just hear others are making money, so they follow suit. They start cautiously but seeing the price continuously rising, they can't help but increase their investment. Eventually, they often buy in at the market's peak, and then get trapped.

And there are even some who come into the crypto sphere already burdened with debt, hoping for a quick turnaround. They make some money initially, then start feeling invincible, losing their respect for the market. As a result, they get deeper and deeper into debt.

Overall, making money in the crypto world is easy, but holding onto it is tough. Many rely on luck to make money, only to lose it based on skill.

So, before entering the crypto world, it's essential to think twice, not blindly follow the crowd, and definitely not borrow money to invest. 🤔