Why is the probability of losing money in the crypto world much higher than in other financial derivatives? Bitcoin: 24 hours × 365 days ≈ 8766 hours/year (non-stop, global exchanges trading around the clock). Gold (e.g., XAU Forex Gold): 5 days a week, 23 hours/day (1 hour maintenance) ≈ 5980 hours/year. A-shares: 250 trading days × 4 hours/day (9:30-11:30 + 13:00-15:00) ≈ 1000 hours/year. U.S. stocks: 252 trading days × 6.5 hours/day (9:30-16:00) ≈ 1638 hours/year. Futures (e.g., common domestic commodity futures, day + night sessions): 250 trading days × an average of 8-9 hours/day (day session 4 hours + night session 4-5.5 hours) ≈ 2000-2250 hours/year. Bitcoin trading hours: About 1.5x that of gold About 8.8x that of A-shares About 5.3x that of U.S. stocks About 4x that of futures As the saying goes: "If you walk by the river often, your shoes are bound to get wet." This phrase couldn’t be more fitting for the crypto world. The longer the trading hours, the higher the probability of losing money. The trading market is like a river—the longer you stay in it, the more likely you are to get wet. Especially with Bitcoin, this 24/7 "perpetual motion machine" takes "walking by the river" and upgrades it to "soaking in the river 24/7." Naturally, the risk of getting your shoes wet rises with the tide.