Indeed, it is becoming increasingly difficult to make money in the cryptocurrency world, mainly due to the following factors:
1. Changes in rules:
The rules of the cryptocurrency world are constantly evolving. Many investors look for profit models based on past experience (especially the bull markets of 2017 and 2021), but once these models or rules are broken, investors may feel confused and uneasy.
The changes in rules not only involve market volatility and price trends, but also the effectiveness of investment strategies. Therefore, investors need to constantly adjust their thinking and methods to adapt to market changes.
2. Changes of the banker:
The behavior of bankers has a profound impact on the cryptocurrency market. As more and more formal funds enter the market, the bankers' operating methods and strategies are constantly changing.
These changes may include more complex trading strategies, stricter fund management, and more accurate market judgment. For retail investors, these changes make it more difficult to follow the market makers and also increase the risk of investment.
3. The mentality and strategy of retail investors:
Retail investors often play an important role in the cryptocurrency world, but their mentality and strategies are often affected by market fluctuations.
During a bull market, retail investors tend to chase rising prices and sell falling prices, while during a bear market, they tend to panic sell. However, as the market changes and the operating methods of the market makers change, the traditional strategies of retail investors may no longer be applicable. They need to look at the market more rationally and avoid blindly following the trend and impulsive trading.
4. Stability of market environment:
As the market matures and regulation strengthens, the volatility of the cryptocurrency market may gradually decrease. This means that investors need to pay more attention to long-term value and fundamental analysis rather than just pursuing short-term price fluctuations.
In such a market environment, the possibility of getting rich in the cryptocurrency world will indeed decrease. Investors need to pay more attention to risk management and rationally allocate assets to achieve a stable return on investment.
The difficulty of making money in the cryptocurrency industry is mainly due to the combined effect of many factors, including changes in market rules, changes in the operating methods of bankers, the mentality and strategies of retail investors, and the stability of the market environment. Retail investors need to constantly learn and adapt to market changes to cope with these challenges.
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