#2024 Gate.io 年度账单 Can you really make money if the coin circle enters the altcoin season?

The year 2024 is almost coming to an end, and for most people, it may be more losses than gains, especially from March to October, which was quite agonizing. Of course, it's still agonizing now because the market has experienced a significant pullback, especially for altcoins, and every time the losses are quite tragic for retail investors.
2025 will definitely usher in a season of imitations. Many people think that this bull market is different from previous ones, but overall it's the same, without much change. The cycle may just be advanced or delayed for a while, which doesn't have much impact on the overall rhythm of the bull market.
If you understand some trend indicators and look at historical market trends, you can roughly understand the trend. For oscillation indicators, you need to look at the larger cycle, such as weekly or monthly charts.
So if the altcoin season comes, can you make money in the currency circle?
Of course. As long as you don't mess with contracts or trade against the trend, most people can make some profits, and the profits are good. Because when the market is good, it's easy to make money by chasing the rise and fall, and you can make several years' salary in a short time. This is also why the coin circle is attractive, because seizing opportunities can turn things around.
But there is a cruel reality
Most retail investors actually cannot hold on to the money they earn!
On the one hand, at the peak of the bull market, all kinds of good news are flying around, bloggers are shouting high prices, and retail investors are easily lost, some even selling houses, borrowing and leveraging. Once the market crashes, it may be difficult to recover. If you want to make money in the currency circle, you need to improve your own cognition.
On the other hand, after a bull market comes a bear market, which usually lasts for more than a year. Many people can't help but take action at this time, and as a result, the money earned in the bull market is lost in the bear market, and some even put their capital into it. The washout in the bear market is really miserable, and many novices and bloggers will suffer heavy losses, and many people will exit at this time.
In general, to make money and hold on in the coin circle, you need a strong understanding. Making money in a bull market often relies on luck, not strength. Some time ago, someone told me that their blogger ran away after making money for them. There are many people like this, so you not only need to guard against manipulators, but also against unreliable bloggers. It's really not easy for retail investors.
Finally, I hope everyone can make money during the altcoin season. Opportunities are always reserved for those who are prepared and patient. #2024 Gate.io 年度账单 #圣诞冒险岛：喜迎新年，$50,000福利派送中 #荣誉积分新年抽奖，赢Macbook、周边好礼