When playing with altcoins, you think you’re playing with your heartbeat, but in fact, you’re playing with an electrocardiogram.

When you first start, minor fluctuations and small increases can easily triple or quintuple your account, and everyone feels like a genius. But this is just an appetizer.

Soon, the first major hit comes — prices can drop 50% to 80% in one go, almost back to the starting point. At this moment, you look at your account; one second you were in heaven, the next second you’re questioning your life: should you continue to believe, or admit you were blind?

There aren’t many who can withstand this wave. But if you do, the main upward trend may come. Increases of 5 times, 10 times, or even 20 times can push your account numbers to a point that frightens you, while everyone around you shouts, "The bull is still here."

But the most brutal cut often comes last. The bull market doesn’t end gently; it’s an avalanche. A drop of 95% is no joke; it’s the fate of many coins. What you earned before may only be paper wealth; what you didn’t sell may truly become a "commemorative coin."

Many overestimate their determination to hold but underestimate the difficulty of choosing the right coin and holding it throughout. A hundredfold coin isn’t stumbled upon by luck; it’s forged through repeated profit withdrawals, psychological breakdowns, and gritting your teeth to persist.

If you’ve experienced all this and can still stay at the table, you’re already stronger than most. The bull market not only gives you money, but also teaches you a lesson — a lesson about patience, choices, and discipline.

Those who can finish this lesson may have the chance to truly change something in the next round. Now ask yourself: which lesson are you on? #加密市场观察