Why is it getting harder to make money in the crypto space?

Firstly, the rules have changed. Many people only learned about the crypto space after 2015, with most starting to participate in the bull market from 2017, trying to find patterns to make money from the previous two cycles. However, the rules have now been broken, exceeding the comfort zone of previous thinking, and the results are either losses or missed opportunities.

Secondly, the players have changed. This bull market has attracted a lot of legitimate funds, with large capital entering the market early. Retail investors are confused, thinking a bull market is on the way, but the only things moving are mainstream coins and meme coins, while other valuable coins remain stagnant. The big players know how to manipulate the market, leaving retail investors feeling frustrated.

Thirdly, retail investors haven't changed. The mentality of chasing profits and fixed thinking still persists. Previously, they researched valuable coins, but now in the bull market, they are focused on memes and worthless coins. Retail investors cannot keep up with the pace, chasing rises and selling off during drops, while worthless coins plummet without a bottom in sight, causing most losses to those chasing the highs.

The market manipulators are getting increasingly ruthless, leaving no stone unturned. It's now incredibly difficult to get rich in the crypto space, with small market fluctuations; even when there is volatility, retail investors can't seize the opportunity, often buying at the top. For instance, selling at the peak of Bitcoin was very slow, clearly allowing retail investors time to buy in, and the pace has become even slower afterwards.