This year, there is a phenomenon that is quite heart-wrenching. Take a look at the performance of traditional assets: silver has soared 130%, gold has steadily gained 65%, copper has risen 35%, US stocks have increased by 20% for the year, Japanese stocks have jumped 30%, and A-shares have even surpassed the 4000-point mark.

Looking at the situation on the crypto side again. Bitcoin once refreshed its historical high, sounding glorious, but by the end of the year, all the gains were given back, with a drop of 6%. ETH plummeted from its peak, with a decline of 30%, leading to many big holders facing liquidation. The situation for mainstream coins is even tougher—most have been halved, and some popular tokens have practically free-fallen: FIL, which was once 200 per coin, has now dropped to 1 and has never recovered; DOT fell from 55 to 1, basically rendered useless; SHIB still has five zeros; TRUMP coin fell from 80 to 5, completely losing its voice; even DOGE, which Musk has long supported, dropped from 0.4 to 0.1, with faith shattered.

If you still consider cryptocurrency as a quick way to get rich, it's time to think again. These data actually convey a cold hard truth — this is not a gold mine; it could very well be a pit that devours your principal and traps you for a lifetime.