Can we still enter the crypto world in 2025? How should we play it?

As an old player who has been navigating this market since 2017, today I will talk about the current situation and provide some practical references for friends who want to enter the market.

1. You can play, but it's no longer an era where you can earn just by closing your eyes.

Let me give a clear statement: The crypto world still has opportunities, but it is no longer an era where everyone can easily make money; it is now the "era of differentiation."

In simple terms, the gap between those who can make money and those who can't is becoming increasingly apparent. In the past, you could just buy a few popular coins with your eyes closed and see several times the returns; that is basically over. Now, to make a profit, you need to rely on information asymmetry, strategies, and execution.

Why is this happening?
Because the market has long changed - from being dominated by retail investors in the past to a pattern of deep institutional participation and capital games. The opponents you face may be full-time on-chain analysts, professional arbitrage teams, or even AI trading systems.

Therefore, trying to use the "strategies from the last bull market" to cope with the current market is likely to be unworkable.

Second, whether you can make money mainly depends on your mindset and rhythm.

You may think that success in the crypto world depends on vision, but the more crucial factors are: mindset + ability to control rhythm.

There are a few consensus among veteran players that are worth remembering:

- Don't be greedy in the last part, don't rush in the first part, the key is to steadily enjoy the gains in the middle;
- Fluctuation is the norm, rapid rises are occasional, and true opportunities are 'guarded' rather than 'rushed'.
- Don't be swayed by herd mentality; the "wealthy others" you see may have years of preparation and accumulation behind them.

3. The opportunity is still there, but the market is already different.

It's not that you can't participate anymore, but the crypto world has transformed from a "wild prairie where anyone could get rich easily" into a "competitive arena where strength speaks for itself."

If you still approach the current market with the mindset of 2019 or 2021, it's easy to stumble. However, if you're willing to focus on research, build your own strategy, and optimize your understanding, this market still has potential.

Finally, here are a few specific suggestions:
Do not heavily bet on a single variety, do not blindly trust the recommendations of so-called 'experts', and do not chase after rising prices or panic sell.
Learn more about on-chain operations and learn to analyze data by yourself.
Most importantly: do not blindly chase trends, control your positions well - staying alive is more important than anything else.

I hope everyone in this market can not just come to take a look, but can stay steady, earn, and become stronger.