During the last Bitcoin bull market, some investors made huge gains because of their deep understanding of the market and timely decisions. These people may be likened to "big golden dogs." They may have invested in Bitcoin early on, held on to it when the price was below $1,000, and made significant returns when the price surged to nearly $70,000. In addition to individual investors, some cryptocurrency projects and startups have also achieved great success in the bull market, launching innovative products and services, such as smart contract platforms, decentralized finance (DeFi) applications and non-fungible tokens ( NFT) market, these may be regarded as "big golden dogs" during that period.
These winners often share common traits: a keen eye for market trends, a deep understanding of cryptocurrency technology, and the patience to stay invested for the long term during market downturns. However, such success often comes with high risks, as the volatility of the crypto market is extremely high, and many investors may also suffer significant losses during market corrections.
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