After many people entered the cryptocurrency circle, they began to wonder as they continued to lose money: How long do they need to trade in this market, 1 year? 2 years? Or one or two bull markets before they can start to make a profit? Many people believe that as long as they experience enough time, or after a bull or bear market, they will accumulate experience and make money.

However, the facts are often not as expected. Even after 1 year, 2 years, or even one or two bull markets, many people are still confused about this industry. Many investors who entered the cryptocurrency circle in 2016-2017 are still wandering around in the leeks group. Although they talk a lot, the numbers in their accounts cannot hide the fact of losses.

I think that whether you make a profit or not has no direct relationship with how long you stay in the cryptocurrency circle. No matter how long it is, if you keep walking on the wrong path and cannot master the correct method, you will only fall deeper. At first, you may lose your spare money, then your assets, and finally you may even go bankrupt and despair due to borrowing and investment.

Therefore, what really allows people to make profits early is not time, but whether they can master a set of correct methods. Some people enter the cryptocurrency circle and speculate on cryptocurrency based on news. After losing money, they think that the news is inaccurate, so they switch to another circle and continue to listen to news. However, several years later, they still do not understand the core logic of transactions, nor do they truly understand the value of blockchain. They just regard it as a speculative industry.