Today, let's review this round of polarized fake bull market and how it led us old players, who have been in the circle for many years, into a deep pit!
First, let's clarify that this current trend, apart from Bitcoin, is undoubtedly a super bear market!
Taking us old investors, represented by myself, as an example, I believe the vast majority of my brothers have experienced at least the previous super bull market in 2021, missing out on a chance to become wealthy. Some missed the second round, and even some ancient big brothers missed the third round, all being latecomers, wanting to seize the upcoming super bull market in 2025. Because we all know that each round has smaller gains; the increase in 2017 was ten thousand times, those who held onto thousands were called thousand-house lords, in 2021 it was a hundred times, and in 2025, our expectations as old investors are estimated to be around ten times, with a bit of luck, we might grab a coin that could multiply by tens. By 2029, our expectations at most are only 3 to 4 times. Therefore, many friends who think like me must have frantically saved money after 2022, just waiting to lay out their plans two years in advance and seize the last opportunity to turn things around!
Why did we get it so wrong this time? A serious misjudgment led us into a dead end!?
First point, the four-year cycle law
The three super bull markets in 2013, 2017, and 2021 were unchanged, so it's certain that the super bull market in 2025 will start flying six months after the halving. According to the timeline, November 2024 just happens to be when the halving bull market starts, leading us into an illusion and frantically increasing our positions.
Second point, the crypto president understands the king
In order to get the crypto-supporting king elected, blockchain enthusiasts crazily voted for the king to boost popularity, and the king promised that when he takes office in 2025, he will fully support cryptocurrencies!
Coincidentally, the election day is in November, which is also the starting month, allowing us old investors with so many years of experience to dare to go all in!
Third point, the Federal Reserve's interest rate cut
The Federal Reserve cut interest rates by 50 basis points in September 2024, laying the groundwork for a super bull market, and subsequently cut rates in November and December, giving the old investors in the crypto space the strongest courage to go all in!
Fourth point, everyone is optimistic about betting on 2025
Industry leaders, institutions, KOLs, and retail investors all absolutely believe that 2025 is going to be a super year!
Because of these four points, we dared to go all in with leverage. Looking at the current results, it has all been a scam; altcoins have been smashed down 90% from their November highs and 95% from last year's highs. Even if a crazy bull market comes, we can't recover our costs, not to mention the current situation.
