Episode3 -Is There Still a Chance to Make Big Money from Crypto?

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Many people entered the crypto world with dreams of getting rich or generating a side income. The market is filled with temptations—massive price pumps and sharp corrections. It offers traders various opportunities: buying, selling, and leveraging positions through long and short trades. Seeing money move rapidly and witnessing historic price surges has made people incredibly greedy.

What’s the Problem with Being Greedy?

Greed isn't just about buying after a pump—it’s also about buying at the bottom, expecting a 5,000% return to the previous all-time high. This mindset leads people to ignore rational decision-making. They forget about proper money management and often go "all in." The reality is, not all coins will return to their previous highs because the crypto market evolves over time. Factors like rug pulls, scam teams, and increasing regulations add layers of risk.

Moreover, futures trading complicates price movements further, as leverage traders' gains often come at the expense of market makers. While making 10x gains is still possible, especially with some coins that have already surged in 2024, it’s not guaranteed. Let's look to the following examples :
FETUSDT (+5,000%)
PEPEUSDT (+1,600%)
STXUSDT (+1,500%)
NEARUSDT (+700%)

Even those who bought at the bottom of some coins may sell after a 1x out of fear, or they may hold on too long and watch their profits diminish during severe corrections.

"For those with modest investments, the only real path to wealth is buying low and selling high. However, very few people will be able to time the market perfectly."

So, What’s the Solution?

I’ll answer that in the next episode—if this post gets enough encouragement!