Yi Lihua, founder of Liquid Capital, sheds light on challenges faced by the cryptocurrency industry during a recent X session, sharing his decade-long experience in the field. According to him, those who have reaped the most benefits are early coin holders, miners, project teams, exchanges, and arbitrage institutions. Conversely, individual traders, particularly those engaging in contract trading, often encounter significant losses. Lihua highlights the need for skilled trades, emphasizing that even minor wins can be wiped out by a single loss, impacting one’s mental resilience and influencing future decision-making. He advises against speculative activities focused on short-term gains, advocating instead for individuals to pursue more reliable business ventures. Lihua also acknowledges the current low market sentiment and encourages exploration of opportunities grounded in certainty rather than speculation.