There’s a very catchy old saying in the crypto space -
'The K-line of Bitcoin is the longest inspirational story in the world and the shortest horror novel.'

What does it mean? It means it can give you financial freedom in a few years, but it can also keep you awake for three days.

You might think that rising from $30,000 to $100,000 is a myth of getting rich, but when it drops back to $60,000 in three months, you understand what it means to 'live in the market and die in the volatility'.

You once held DeFi tokens that surged 10 times in a bull market and also witnessed a bear market that returned to zero overnight.

In this crazy yet real market, the hardest practice has never been chasing highs and cutting losses, but the two words - 'waiting'.

⏳ 1. Waiting is a counterintuitive form of reverse training.

‍♂️ The 'time magic' of the crypto world: In the short term, it's a voting machine; in the long term, it's a weighing machine.

Looking at the data, you'll find that from 2011 to 2025, Bitcoin experienced 127 drops of over 30%.
But after every major drop, the average increase over one year reaches as high as 217%!

In other words, those who really make money are not relying on 'accurate predictions', but rather - staying calm, not cutting losses, and being able to endure!

The pitfalls of human nature are harsher than K-lines:

  • Loss aversion: Losing 20% hurts a lot, and you need a 50% increase to feel psychologically balanced (this is not a joke, it's a psychological conclusion).

  • Disposition effect: Sell a little when it rises, hold on tightly when it falls. In such operations, selling early after a 10x increase and still watching when it drops to zero.

Compare this: 80% of Bitcoin addresses that have held for more than a year are in profit.

2. True experts often can hold on.

Do you think only retail investors are hoarding coins? Wrong! The ones who really 'wait' are the institutions.

BlackRock teaches us what 'strategic composure' is:

  • Since the approval of the ETF in 2024, BlackRock has been continuously increasing its Bitcoin holdings.

  • After experiencing three 50% level deep corrections, they managed to increase their holdings from 120,000 to 572,000!

  • Their CIO clearly stated: 'We are not trading BTC, we are allocating reserves of gold for the digital age.'

And the on-chain data honestly tells us:

  • Addresses holding more than 10,000 BTC have increased by 27% in three years;

  • While retail addresses have decreased by 18%.

In summary: The competition in the crypto space is not about who earns quickly, but who can hold on.

✅ Written at the end:

Many people come to the crypto space to make quick money;
But in the end, those who remain are the ones who understand the concept of 'taking it slow'.

Don't chase highs in a bull market, and don't cut losses in a bear market; the real opportunities are all earned through waiting.
Mastering the lesson of 'waiting' is more important than learning more K-lines.