Is the cryptocurrency market suitable for ordinary people?

Although cryptocurrency is a positive-sum game market in the long run, because it will absorb funds from the traditional financial market in the long run, it will be a zero-sum game or even a negative-sum game for a period of time. For example, from the end of March 2022 when the Fed began its interest rate hike cycle to January this year when the SEC passed the Bitcoin spot ETF, with high interest rates and no direct benefits to the industry, during this period of time, the funds in the cryptocurrency market flowed to fixed-income assets such as US bonds. At the same time, due to the "7*24" hour global trading system and the lack of price limits in the cryptocurrency market, its tragic degree is imaginable. The other side of my money-making is that many people lose money. Although the two are not completely equivalent (because in the long run, cryptocurrency is a positive game market; in a certain period of time, cryptocurrency is a negative game market; plus, the CEX exchange has been pumping water), the two can be mirror images of each other. So, when I make a lot of money, its mirror image is that some people lose a lot of money. Therefore, my attitude is consistent-I do not recommend ordinary people to speculate in cryptocurrencies, nor do I recommend ordinary people to invest.

Although most people are losing money in cryptocurrency, its wide volatility and efficient liquidation efficiency still make it easy for top investment experts to obtain excess returns. In particular, it is relatively easy for people like me who like rotation to obtain excess returns, especially when the investment cycle is extended.