I remember when we just came out of the bear market in 2023, many teachers in the market predicted that this round of the bull market would bring a hundredfold coin. One possible hundredfold coin was released each day. Looking back now, almost all of them have failed. I carefully analyzed the coins they recommended and found their arguments quite reasonable; the chances of a hundredfold increase really seemed high. However, in the end, there was only one true hundredfold coin, OM, and I have never seen anyone analyze it.
Reflecting on this now, I feel that the crypto market is quite challenging. Everyone who has experienced a round of bull and bear markets thinks they have discovered the rules of the market, trying to replicate these rules and use their experience to harvest new investments. But each round of the market will teach them a lesson.
In 2023, there was a sentiment in the market that buying BTC was safe, but the odds were far lower than Ethereum and altcoins. It was suggested that small investors should give up Bitcoin. A portion in Ethereum and a portion in altcoins. Just lay low and wait to make money; how could you lose? When buying altcoins, don't buy old mainstream ones like Ripple, ADA, or BCH; those are just for new investors, the old mainstream has already been abandoned. What happened? Bitcoin rose alone for an entire year. Ethereum stagnated. Regular altcoins fell lower than during the bear market, heading towards zero. Conversely, the old mainstream held up relatively well, still much higher than the lowest point of the bear market. Experienced investors were harvested once again. I feel this reminds me of two things: first, if most people know that something will happen in the market, then that thing is highly likely to change as a result. One must maintain the ability to think independently and not just follow the crowd. Second, while the market is difficult, the hard part is getting rich quickly; accumulating wealth slowly is still achievable. If most people say a coin can double, and I only earn 10%, then I can earn every time, and over time, I can surpass more than 90% of people.