Type one: Those who see Bitcoin/Ethereum as gold
They don't think they are speculating on cryptocurrencies at all; rather, they see $BTC and $ETH as digital gold. They save diligently to squeeze out extra money, and as soon as their salary arrives, they invest a little bit, buy it, and then throw it into a cold wallet without even logging into the app. They are oblivious when the bull market soars to the sky, and they remain unfazed when the bear market crashes it to worthlessness. In their social circles, there is never a single word related to cryptocurrencies. Over four years, they experience two cycles of bull and bear markets. Initially, they might invest thirty to fifty thousand a year, and after ten years, their assets easily exceed ten million.
The most ruthless aspect of these people is that they deeply understand they cannot accurately predict short-term fluctuations, so they simply give up on predictions and treat 'not knowing' as their core competitive advantage.
This is the only path that ordinary people can replicate, and it's the most legitimate, but unfortunately, 99% of people cannot do it because they cannot do 'nothing at all.'
Second type: people who rely on luck to reap dividends.
They mix in various groups every day, scroll Twitter, listen to big influencers calling shots, chasing MEME today, working on AI coins tomorrow, and rushing to new Layer 2 chains the day after.
Usually, they lose on eight out of ten trades and barely make up for their losses with the two profitable trades. But as long as they catch a bull market, there will always be a few lucky breaks, buying a hundredfold coin, going from a few thousand to several million.
I believe everyone in the crypto circle has truly seen such people around them; the difference lies in a moment's thought: those who can timely exchange coins for houses, cars, and savings are considered winners; those who stubbornly hold onto their coins until the end ultimately give everything back to the market.
These people essentially come to the market to share the cake; whether the market gives it or not depends entirely on whether God provides food. In a bull market, everyone benefits; in a bear market, there’s nothing to harvest!
Third type: people who treat the crypto circle like an ATM
This is the true top of the food chain; they might be project parties, market makers, top traders, or perhaps a combination of all three. For them, coins are not assets but tools; price fluctuations are not beliefs but business.
In a bear market, they rely on shorting and harvesting through worthless coins; in a bull market, they rely on taking control, setting the pace, and offloading. While others look at K-lines and prices, they only focus on logic and capital flow; they won't move until the logic is complete, and they will run immediately when the logic ends, never getting attached to the battle.
You will never hear them say, 'This price is too high' or 'It should drop' because prices are meaningless to them; the growth of U is their faith.
These people thrive in both bull and bear markets; they are all billionaires, some quietly withdrawing from the circle, with names that are never heard.
In summary: There is no fourth type of person in the crypto circle.
Either treat the coins like gold, holding on tightly without moving, like the first type of person! Or admit, like the second type of person, that they are just here to gamble, running away with a profit! Or be like the third type of person, treating the market like an ATM, becoming extremely professional.
All the people who want to watch the market every day but are unwilling to hold long-term and lack professional skills are most likely the leeks from the first two categories, or the meal for the third type of people.
The reality is so cruel.$BTC
