Don't fantasize that altcoins can multiply by a hundred times anymore; in this bull market, being satisfied with a 2-3 times return on altcoins is already a good achievement.

When I first entered the crypto space, I was naive like most people, thinking that 'just holding onto spot assets would make me rich,' believing that any altcoin chosen during a bull market could easily multiply by ten or a hundred.

However, after several rounds of bull and bear markets, the market taught me a lesson with harsh reality.

Look at Bitcoin; each round of increase has been shrinking. The peak in 2017 was 19,000, which dropped to 3,000 before rebounding; in 2021, it peaked at 69,000, but compared to the previous peak, that’s just over three times.

This round's bear market low was 15,000, and although the market is optimistic that it could reach between 130,000 and 150,000, from the low point that would be ten times, but compared to the last peak, it’s just over two times.

The situation for altcoins is even less optimistic. In 2017, hundred-times coins were as common as dirt, while in 2021, ten-times coins became mainstream.

This round, excellent projects might multiply by ten, but for most altcoins, 2-3 times is already the limit. Unfortunately, most people hold poor-quality coins that can barely reach three times.

So I repeatedly remind:

Firstly, don’t just hold onto spot assets. Otherwise, while others leave with their pockets full, you will still be on a roller coaster.

Secondly, don’t fantasize about getting rich from altcoins. Being able to steadily achieve 2-3 times return is already a rare good result in this round of the bull market.

The most fatal aspect of the crypto space is not the market downturn, but the greed of people. In the latter half of the bull market, there are always those shouting that Bitcoin will surge to 200,000 or 300,000, and that altcoins will multiply by a hundred times. As a result, they get trapped round after round, and when the bull market ends, nothing remains but emptiness.

The truly wise will remain calm amidst the chaos and take timely profits during the festivities. The bull market will eventually pass; securing profits is the true way.

If you want to exit this bull market unscathed, remember: don’t hold onto spot assets too stubbornly, don’t fantasize about altcoins, and 2-3 times is enough.