Seeing the images shared by netizens, I have compiled some popular cryptocurrencies in the B circle, analyzing their decline from the peak to recent times.

Is there a feeling that many of the coins we once thought would yield a hundredfold return now seem to be heading towards zero!

Some say: the greatest destruction in this bull market is the destruction of the last batch of believers in the coin circle. They have now realized they are clowns, but at the same time, it has strengthened people's faith in BTC.

Indeed!

Only BTC has never let down anyone who does not let it down.

Other coins, strong as ETH, the king of public chains, with countless advantages and highlights, but even with the end of the bull market, it has not broken the previous bull market's high. Strong as DOGE, endorsed by the world's richest man Musk, DOGE is not lacking in popularity. The price in the last cycle was 0.7, now around 0.25, and the vast majority of other altcoins are in a similar or even worse situation. Undoubtedly, holding these altcoins in the long term is a failure.

Whether it’s ETH, DOGE, or other altcoins, there is still no breakout point in sight, no breakthrough opportunity to be found. Only some KOLs are shouting slogans, trying to retain user faith. It feels like most people are just going in circles, repeating the same thing over and over again, without much meaning.

This cycle has taught me a lesson: the premise of long-termism is to choose the right targets.

If you choose the wrong target, you must recognize the facts and adjust in time; otherwise, you will become a clown, wasting time, missing opportunities, and even deciding two completely different life paths.

The above is a discussion of the current state of the coin circle from a long-termism perspective. There are short-term price fluctuation opportunities for every coin, but that is not the theme today.

I believe that starting from this cycle, in the coming years or even decades, it is very likely that Bitcoin will be Bitcoin, and the coin circle will be the coin circle. It is also very likely that the era of altcoins rising together will become history. The strong will remain strong is the truth.

So today's content is dedicated to friends who believe in long-termism and slowly getting rich, hoping to illuminate a bright path for you in the darkness.