Let me get straight to the conclusion—during the 2024-2025 cycle, and in every cycle thereafter, the market will no longer reward 'diamond hands', meaning that simply holding onto a coin will definitely not make you money (except for BTC)

A key factor is that the scale of the cryptocurrency market is far beyond what it used to be

On June 7, 2025, the total capital in the cryptocurrency market will be 3.28 trillion

If we compare this value to the GDP rankings of various countries in 2024, the cryptocurrency market would rank 7th, surpassing all of France, and nearly overtaking the UK (I understand that comparing one economy's 'total volume' to another's 'increment' is not entirely accurate, but you need to have some perspective)

Figure 1

The value of the cryptocurrency market was 1 trillion in 2022, 200 billion in 2019, and 5 billion in 2015

To increase from 1 to 1000, you only need 999; to increase to 1,000,000, you only need 999,000 (990,000); but to increase to 1,000,000,000, you need 999,000,000 (999 million), the difficulty of growth is not on the same level

In 2017, even someone worth tens of millions could operate; in 2021, the Federal Reserve's easing made it possible; in 2025, are you telling me I need to throw an entire country's annual GDP into the cryptocurrency market to support it?

Figure 2

It's not that the cryptocurrency market has no future; on the contrary, certain characteristics of blockchain will disrupt existing cumbersome human systems in many fields, the era of blockchain has just begun, and we can discuss this further later

However, the days when all altcoins could rise together, when any coin could go up, are definitely over. First, innovation has entered a bottleneck period; second, even if the next cycle sees a resurgence of past innovations, due to the expansion of the cryptocurrency market, only those with 'real value' and unique skills will see increases, and broad rises will not happen again

This is a very important change in characteristics, please remember it. Do not hold onto worthless assets with a 'holding spot is fine' mentality; if you are holding a bad asset, its long-term fate will be zero. Please begin to treat and study the blockchain market seriously like a proper investor (if you plan to invest)

The wild days of the cryptocurrency market are over

And the world of blockchain has just begun