Stop fantasizing about a hundredfold myth; in this bull market, 2-3 times is enough.

In the first few years after entering the crypto world, I, like most people, thought that 'holding onto spot would make me rich,' fantasizing about 'picking any altcoin during a bull market and easily getting ten or a hundred times returns.'

So what happened? After experiencing several rounds of bull and bear markets, I realized that the market is best at educating people with bloody results.

Looking back at Bitcoin, every round of increase has actually been decreasing.

The peak in 2017 was 19,000, which dropped to 3,000 before taking off again; in 2021, it peaked at 69,000, which seemed glorious, but if you calculate from the last peak, it was only a little over three times.

What about this round? The bear market low was 15,000, and the market generally looks at 130,000-150,000. Calculating ten times from the low is not a problem, but from the last peak? It's just a little over two times.

The situation with altcoins is even more obvious.

In 2017, there were hundredfold coins everywhere; in 2021, the most were tenfold coins; in this round, excellent projects might still double, but for most altcoins, 2-3 times is the limit.

The key is that most people are holding onto those worthless coins that can barely reach three times.

So I always remind:

First, do not hold onto spot indefinitely. If you hold until the end, while others cash out, you will become a roller coaster driver.

Second, stop fantasizing about getting rich with altcoins. Being able to steadily get 2-3 times is already a rare good result in this bull market.

The greatest destructive power in the crypto world is not the market decline, but the greed in people's hearts.

Every time we reach the second half of a bull market, there will be people shouting that Bitcoin will reach 200,000 or 300,000, and calling for altcoins to rise by 100 times. As a result, one round of entrapment after another, after the bull market ends, the noise returns to silence, and only then do they realize they have nothing to cash in.

The truly smart people know how to stay calm amidst the excitement and take profits during the festivities.

A bull market is not forever; leaving some profit on the table is the wisest choice.

So if you really want to exit this bull market unscathed, remember one thing:

Don't hold onto spot indefinitely, don't dream about altcoins; 2-3 times is a very good result.