In the crypto world, money can be made, mainly, people can be divided into three categories:

The first type is those who view virtual coins as assets for long-term storage. Their strategy is very simple: they buy a few large coins, such as Bitcoin, and simply leave them stored, even when a bull market occurs, they rarely pay attention to it. For them, buying coins is like accumulating assets; if they have spare money, they invest a little - for example, earning 120,000 a year, they set aside 30,000 and invest it, maintaining a very calm mindset. They never think about various news in the crypto world, understanding well that futile reasoning does not necessarily bring more profit, and there is no point in spending effort on it. They just stick to this approach, experiencing two cycles of bull and bear, setting aside a little money each year and investing it; eventually, the assets can grow to several millions.
The second type consists of those who rely solely on luck. These people listen to news everywhere in the market, mingle in circles, follow hot trends, sometimes lose, sometimes earn. But during a bull market, they might manage to guess some coin and suddenly earn several tens of thousands. I have such examples among acquaintances: some manage to stop in time, exchange coins for houses, cars, and other real things, keeping most of the profit; while others ultimately lose money again in the crypto world. When the market is good, it’s like rain; sometimes they can get a bit of "lucky money"; but when the market is bad, that money along with the interest will be absorbed again — this is the type of players who earn on luck in market cycles. I also earned on luck, knowing my capabilities well, exited in time, and exchanged the earned money for reliable assets — that’s the right approach.
The third category consists of real players. For them, the crypto world is a cash withdrawal machine: they can not only launch a project, issue a coin, and profit from retail investors, but also control the market and profit from trends. They mainly operate in U-base ( transactions with stablecoins ), and they are satisfied when the number of stablecoins they hold increases; they do not believe that there are any assets that can be held long-term, considering that only the increase in the number of stablecoins is real profit. This category of people can make profits regardless of market conditions, and when it comes to the projects they work with, they can exit quickly when the time comes. This is what makes them better than newcomers: they believe in a project that can generate profits and do not flee after a small gain as long as the growth logic remains. They do not look at the price, do not think: "this coin is too expensive, time to sell" or "too high, it might drop," they only have logic in their heads; if there is no logic, they decisively exit. #币圈