The
$BTC market is no longer what it was 5–6 years ago.
Anyone who continues to compare the current situation with that of the past is making a mistake. Back then, all you had to do was spot the right trend and be patient: the market was smaller, less efficient and had far more inefficiencies to exploit.
Today, the situation is completely different. The market is populated by funds, ETFs, market makers, listed companies and large investors with capital far exceeding that of most retail investors. Competition has increased, and every significant move is analysed and exploited by thousands of professional traders.
For this reason, to be honest, making a profit today is probably a thousand times harder than it was a few years ago. Easy returns are a thing of the past, and the market demands far greater patience, risk management and the ability to adapt.
Trading is a different matter altogether: it is a job, a profession based on experience, discipline and strategy. But for the average investor who thinks they can jump in today and replicate the extraordinary gains made by those who bought Bitcoin years ago, the reality is very different.
Markets mature, become more efficient and attract ever-increasing amounts of institutional capital. This does not mean there are no opportunities, but it does mean that to achieve the same results as in the past, you need far greater expertise, far more capital and far more patience.