I know a good big brother in the cryptocurrency circle. At his peak, he was close to the level of A9, but he is not doing well now.
Back then, he was young and impulsive, lacking financial management skills. He really didn't treat money like money; it was normal to spend tens of thousands in a night just to sing, and he could throw a few million for a girl he liked.
At that time, it was a bull market, and the market was good; it's not an exaggeration to describe it as making money hand over fist, so spending was without limits.
Later, when the bear market hit, both contracts and spot trading lost money, and his net worth shrank significantly. Then, due to some other issues, he ended up completely defeated.
There were also some less familiar faces, mostly A8 players, who are now nowhere to be seen. I guess they also lost everything and withdrew from the circle.
In the cryptocurrency world, it is indeed easy to make money but even easier to lose it all. The people who entered at that time rarely had a sense of financial awareness and ability; they were basically like nouveau riche, retaliating against their poverty by consuming once they made money.
Making money in the cryptocurrency world is a skill, but holding onto it is the ultimate skill. Perhaps you haven't made money yet, but you will definitely have that day. I hope you can hold onto it, and the only way to do that is to withdraw in batches.
