Bitcoin has experienced 4 halvings so far and completed 3 complete bull-bear cycles

Before this bull market started, I often heard such voices: It is easy to make money in the bull market, just buy at a low price, everything will rise when the bull market comes, don’t learn, it’s not necessary

But now such voices are becoming less and less

I believe that the facts have told us that it is getting more and more difficult to make money in the bull market of the currency circle

Even friends who have experienced the bull market before, who habitually want to buy "follow the gourd" and wait to make money, also found that this round of bull market does not seem to work, and the market trend is simply incomprehensible

Since last year, I often mentioned in my sharing that it will be more difficult for retail investors in the currency circle to make money in the future, and the invisible threshold for investment professionalism is getting higher. The era of wanting to buy and try your luck is over, and we should improve our abilities as soon as possible

Why are everyone complaining about the difficulty of making money?

There are three reasons for the collection

First: The industry has a higher threshold for investors

The previous simple ICO model, issuing white papers, does not require too much technology, does not understand the fundamentals, and dares to rush to meet one, and you can also taste the sweetness of a fly leg

Now the industry's technology, fundamentals, and infrastructure are constantly breaking through. For retail investors, they have to spend a lot of effort to understand the terms, and they can't understand more professional things. If they don't take the initiative to seek breakthroughs, their previous experience alone is not enough to support the rapidly growing market

Second: Industry diversification, investors' choice is more difficult

In the early days of the industry, there were few sectors and projects of currencies, and the narrative was relatively single

For example, there were only 3-5 sectors before, and there were only a few currency options in each sector. The market's heat, funds, and people were easily piled up to form a money-making effect. Now there are many sectors, and there are thousands of projects in each sector

But the coins that really have investment potential may only be 1000/1, and retail investors have limited funds and resources, and choosing coins is like finding a needle in a haystack

Third: The era of institutions is coming

The entry of Grayscale in the bull market in 2020 was a sign, and then in 2023, BlackRock applied for BTC spot ETF, leading a group of big players in the traditional financial market to enter the market

The market has become more complicated. Simply put, it is easier to divide the cake when there are fewer people, but things become complicated when there are more people

The above three points are the summary of objective external factors

But because of these reasons, no one in the market makes money?

No, there are still people making money

It’s just that I don’t know if that person is you

The core reason lies in yourself

Do you have a sense of crisis and make adjustments according to external changes

I don’t know what to do in this bull market, click on the avatar to be simple, pay attention, face fans, and share the bull market layout for free #BTC走势分析 $BTC