You've got it exactly backwards, just look at the market cap change over time: https://coinmarketcap.com/charts/
In a bull market, anyone can make money with just about any bet.
In a bull market, anyone can make money with just about any bet.
What is real is actual money going into and out of markets. And there, on average, people will lose money because no more money is going out than is coming in, and the markets and miners will take their cut as well.