#数字货币市场洞察 Are You Still Losing Money in a Bull Market? Decoding the New Game of Crypto Investing

It’s a fact that people have been making money in crypto these past two years, but the days of making easy money while you sleep are long gone. The era when you could get rich just by buying Bitcoin with spare cash is over—the rules of the game have changed. To make real money in this market now, you need real skills and knowledge.

Why is that? Simply put, institutional investors have arrived.

Once the big Wall Street money entered the market through Bitcoin ETFs, the entire rhythm changed. They play the game with long-term strategic positioning, not short-term speculation. If you’re still thinking you can buy today and sell tomorrow for some pocket change, you’ll likely be disappointed. That approach hardly survives in today’s market.

**Where are the real opportunities to make money?**

Projects with tangible, practical value are starting to shine—

DePIN (Decentralized Physical Infrastructure Networks) is on fire. You buy a network device and contribute your unused home bandwidth or storage; the system automatically rewards you with tokens as an incentive. This “contribute and mine” logic has opened up new revenue channels for many.

The fusion of AI and blockchain is also attracting capital. Projects providing computing power or data services for artificial intelligence are in high demand, because the needs are real, not just hype.

RWA (Real World Asset tokenization) is another direction—putting traditional assets like real estate and bonds on-chain, with relatively stable returns, attracting more conservative investors.

**But the old paths still work—**

Getting involved early in new projects or acting as a market maker on decentralized exchanges can still be profitable, but the bar for entry and required expertise is constantly rising. And holding Bitcoin and Ethereum to earn interest through staking is almost like depositing money in a high-yield “bank account”—arguably the most worry-free way to earn.

**So why are you still losing money?**

The problem might be one of these—

You might still be chasing obscure altcoins, or falling into well-crafted scam projects. The market has evolved, but your investment logic is stuck five years in the past. It’s like using an old map to navigate a new city—something’s bound to go wrong.

Or, you lack discipline. You panic and sell when prices drop, then rush to buy when prices rise—always one step behind. The cost of this emotional trading is higher than you think.

Or maybe your risk management is poor. You throw in your living expenses or rent money, then crumble when the market drops 10%—you simply can’t hold on. In this situation, no correct investment decision can save you.

**Here’s a harsh truth:**

Crypto has always followed one rule—professionals make money from amateurs. Now, the application of this rule is broader and the demands are higher.

Want to survive in this field? You need to change your approach—

Invest only with spare funds—never go all in. Protecting your principal is the top priority.

Invest time to understand new things—don’t just stare at price charts. The market evolves daily, and so must your knowledge.

Build up your psychological strength—be ready to hold for two or three years, and let go of any get-rich-quick fantasies.

Frankly, the ones eliminated from this industry have never been those with empty pockets, but those unwilling to learn or always looking for shortcuts. How hardworking and rational you are will determine whether you can profit in the long run.