In the crypto world, those who can make money can be roughly divided into three types of people:

The first category involves treating virtual currencies as assets to hold long-term. Their operation is quite simple: they select some major coins like Bitcoin, buy them, and just hold onto them, rarely paying attention even when a bull market arrives. For them, buying coins is like accumulating assets; they invest a little whenever they have spare cash – for example, earning 120,000 a year and saving 30,000 to invest, they maintain a very stable mindset. They never get caught up in the various news from the crypto world, knowing full well: overthinking may not lead to more profits, and there's no need to exert that effort. They persist like this, weathering two rounds of bull and bear markets, saving a bit of money to invest each year, and in the end, their assets might just grow to over ten million.
The second type relies purely on luck. These people are everywhere in the market, listening for news, mingling in circles, and jumping on trends, sometimes losing and sometimes gaining. But in a bull market, they might just get lucky with a certain coin and make tens of thousands in one shot. I have examples around me where some people managed to cash out in time, turning their coins into tangible assets like houses and cars, preserving most of their gains; while others ended up losing their money back to the crypto world. When the market is good, it's like raining, occasionally giving them a sprinkle of "lucky fortune"; but when the market turns bad, their little money can be swallowed up along with the principal and interest — this is the luck-based player who survives on market cycles. I have also earned money through luck, and knowing my own level, I withdrew in time and exchanged the profits for reliable assets, which is the correct approach.
The third category consists of those with real strength. The crypto world is like an ATM for them: they can both launch projects to issue coins and harvest retail investors, as well as control the market and profit significantly by following trends. They mainly play with U-based (operating with stablecoins), and they feel satisfied as they see the amount of stablecoins in their hands increase. They don't really believe in any assets that can be held long-term; they think that the only real profit is the increase in the amount of stablecoins. This type of person can make a profit regardless of whether it's a bull or bear market, and when it's time to withdraw from the projects they are trading, they can do so immediately. This is precisely what makes them better than beginners: they find a project that can make money and won't run away after making a small profit; as long as the logic of the increase remains, they will continue to hold. They don't care about the price being high or low, and they never think "this coin is too expensive, I should sell it" or "it's too high, it might drop"; they only believe in logic. Once the logic is gone, they decisively withdraw. #币圈#