Brothers, today I want to have an open-hearted chat about the current state of the cryptocurrency market. It’s all real talk, and listening to this can help you avoid pitfalls:

The group isn't as lively as before, and things have cooled down on-chain as well. The core issue is that both liquidity and confidence are ebbing. Since November, I haven't really made any moves, and I advise everyone not to mess around indiscriminately — whether it's trading cryptocurrencies on the secondary market or investing in projects on the primary market, the more you act now, the greater the chance of losses.

Let me mention a few key points: the "dumb money" that followed trends has long been harvested, and what's left are all seasoned players. When the market was good, you couldn’t make money, and now it’s even harder to think about it; Korean players have all gone to trade US stocks and AI, where chip and storage stocks have doubled in value, which is much more appealing than the crypto market.

Let me emphasize this: it's truly not shameful to hold cash. Right now, during this garbage time, not operating is winning; preserving your principal is more important than anything else. All sectors have become crazy competitive, and project teams, VCs, and market makers have already filled the pits; as retail investors, we’re just picking up the pieces. And definitely don’t borrow money from friends in the circle; those are all superficial relationships, borrowing money is basically a scam, and many people in the group have fallen for it.

Finally, a reminder: don’t touch contracts; nine out of ten people lose. BTC is becoming more and more stable, like a solid investment; if you can hold it, do so. Get your Hong Kong card as soon as possible, as it can be used for overseas stock market dealings or crypto transactions in the future. Let’s not be anxious about short-term market fluctuations; adhere to a long-term perspective, wait for the trend to come before exerting efforts, then making money will be easier!