$BTC $BNB Many people have not experienced a bull market, and their perspective is not broad enough. Today, I am here to broaden your perspective. We come into this space to earn tens or hundreds of times the returns, not to run away with just a few points of profit.
Here are a few examples to make you realize how fast and concentrated the rise can be:
CHZ: Increased 30 times in one month from February to March 2021
BNB: Increased 8 times in 20 days in February 2021
DOT: Increased 8 times in two months from January to February 2021
SUSHI: Increased 6 times in one month in January 2021
AAVE: Increased 6 times in one month in January 2021
HOT: Increased 35 times in two months from February to March 2021
JOE: Increased 60 times in two weeks in August 2021
In January 2021, DOGE rose nearly 10 times in one day, when it was already a billion-dollar token
THETA's market cap rose from $1 billion to $12 billion in 3 months
RUNE's market cap increased from $200 million to nearly $5 billion in 5 months
FIL once reached a near $400 billion FDV
ICP had a $250 billion FDV at launch
AXS's market cap rose from $200 million to $10 billion in 5 months, with an FDV peaking at $43 billion
GALA's market cap reached $5.4 billion at its peak in 2021, while at the beginning of the year the project's market cap was only $5 million
TEL's market cap rose from $10 million to $3 billion (300 times) in 5 months
If this is your first market cycle, you are likely to enter the market too late, allowing your investments to soar at irrational valuations without timely profits, and then oscillate back and forth on many gains. However, if you are reading this article, it is likely that you have experienced the last cycle and survived the particularly brutal bear market of 2022. In a bear market, you must remain vigilant with every rise and be ready to short whenever a certain altcoin rises due to some catalyst. This behavior will be rewarded. However, everything changes completely in a bull market: coins rise higher than you can imagine. You must be prepared to profit from it.