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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
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➜ Click the Link to Enter: https://gate.onelink.me/Hls0/group?chatroom=groupGate Square New & Returning Creator Rewards are ongoing!
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Details: https://www.gate.com/announcements/article/47889Your First Words Matter!
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Ends on Jan 15, 2026, 16:00 UTC
2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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Earn Votes by watching live streams and posting.
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Details: https://www.gate.com/announcements/article/48693
This bull market is a bit awkward—it's called a bull market, but it might be the hardest one to make money since the birth of Bitcoin.
From 2012 to 2013, Bitcoin skyrocketed by 256 times, and almost everyone who entered the market profited. Between 2016 and 2017, ICO projects flooded the scene, with hundreds of times coins appearing frequently, and participants earning substantial returns. From 2020 to 2021, DeFi and GameFi exploded, with 10x coins emerging constantly, and mainstream projects seeing significant gains.
But now? In the 2024 to 2025 cycle, although leading coins like Bitcoin have performed, almost all altcoins have failed. Even more painfully, about 80% of market participants are losing money. The opportunities to make money have clearly decreased, while the difficulty of earning has increased. This inevitably makes people wonder— is the definition of a bull market changing, or is the structure of participants changing?