If the currency circle's cottage season comes, can you make money?

The year 2024 is almost coming to an end, and for most people, it may be more losses than gains, especially from March to October, which is very painful. Of course, it's also very painful now, because the market has experienced a significant pullback, especially for altcoins. Every time the losses are quite tragic, it's the retail investors who suffer the most.

By 2025, there will definitely be a season of shanzhai. Many people believe that this bull market is different from the previous ones, but overall it is the same, with not much change. The cycle may be advanced or delayed for a period of time, but it has little impact on the overall rhythm of the bull market. If you understand the technology and replicate the market, it is easy to understand the trend. Of course, when I say technology, I mean trend indicators. Many people like to use oscillation indicators, which require looking at the long-term cycles, such as weekly or monthly levels.

So, if the cottage season comes, can you make money in the currency circle?

The answer is yes, as long as most people do not engage in contract contrarian trading, they can basically make money, and the profits are relatively considerable. Because during the rising market, most people can chase the rise and kill the fall, it's actually very easy to make money. You can earn the equivalent of several years or even more than a decade of salary in a very short time. This is also why the cryptocurrency industry is so attractive, because if you seize the opportunity, it's very easy to achieve class leapfrogging.

But there is a cruel reality.

Most retail investors actually cannot hold on to the money they earn.

On the one hand, there is panic buying. At the top of a bull market, altcoins fly all over the place, with frequent positive news. This can lead retail investors to get lost in FOMO emotions. Many bloggers keep shouting bull and constantly raise the price, causing many retail investors to not take profits and continue to hold until the market crashes. In fact, many retail investors even sell their houses or borrow money and leverage during the top of a bull market. Once there is a sharp drop, it is basically impossible to recover for the next few decades. Don't expect to make up for the losses in the crypto market unless your understanding improves and you can make money in the market based on your knowledge; otherwise, you will keep losing money.

On the other hand, after the bull market ends, a bear market will come. Generally, the bear market will last more than one year, and many people actually do not control themselves during this year, and like to operate repeatedly. In fact, more than 90% of the people who make money in the bull market will lose their profits during the bear market of this year, and many even lose their principal. To be honest, the washout in the bear market is really very tragic. Some bloggers and retail investors who have not experienced it will lose miserably. Most of the people who quit are in this stage, and they cannot persist until the next bull market.

In general, to make money in the cryptocurrency circle and take it away, you really need a very strong understanding. Most people make money in a bull market by luck, not by strength. A few days ago, someone contacted me and said that their blogger ran away. At the beginning of the year, they made money for everyone by luck. After more newbies found him, he revealed his true colors and ran away. There are actually many people like this. During the chaotic time, we need to prevent not only dog dealers but also novice bloggers. It's really tough for retail investors.

Finally, I hope everyone can make money during the altcoin season. Opportunities are always reserved for those who are prepared, so be patient and wait.