#加密生态动态追踪 What exactly is the cryptocurrency market

To friends who are new to the scene, let me share some honest thoughts. What’s the biggest difference between crypto and stocks? 24/7 trading, active even on weekends. It’s open all year round, with no circuit breaker mechanism to protect you.

Contracts are very tempting, with leverage options from 1x to 125x. But I advise beginners not to touch them. Why? Because cryptocurrencies have no daily price fluctuation limits. You might think 5x leverage is safe, but a 20% move can trigger a liquidation. Your account gets wiped out, and you wake up.

Having traded in this circle for nearly two years, my advice is: beginners should only trade spot and only buy mainstream coins. $BTC, Ethereum, and other top-tier coins have solid fundamentals. Don’t listen to anyone claiming a certain altcoin has multiplied several times and follow the trend—most small coins are just heading toward zero. Don’t expect to be the lucky one.

Another point is that cryptocurrencies inherently have flaws. Holding $BTC for a year won’t generate any income, unlike stocks, where listed companies pay dividends annually. What did Warren Buffett say? Cryptocurrencies are poison; he would never touch them in his life. Makes sense, right?

For young people, this place is indeed full of temptation. Opportunities and risks coexist—but the reality is, risks are much higher. Most people don’t even make it to the point of profit before they’re out. So, I advise friends who want to mess around here: just use some spare money. Don’t feel bad if you lose it.

In the past two months, the market has been flat, and most retail investors are losing money. Very few are actually making profits. The current market trend is a bear market, and it’s not the right time to buy coins. Entering now just means handing over your funds to big players.

In the end, the crypto world is a zero-sum game. The money you make is the money others lose. The direction of coin prices depends solely on one thing—how much the next person is willing to pay to buy in.

That’s all for today. $BTC