Many people have not experienced a bull market, and their perspective is not broad enough. Today, I am here to broaden your perspective. We come to this circle to earn dozens or even hundreds of times the profit, not to run away with just a few points of profit.
Here are a few examples to make you realize how rapid and concentrated the rises can be:
CHZ: Increased 30 times within a month from February to March 2021
BNB: Increased 8 times within 20 days in February 2021
DOT: Increased 8 times within two months from January to February 2021
SUSHI: Increased 6 times within a month in January 2021
AAVE: Increased 6 times within a month in January 2021
HOT: Increased 35 times within two months from February to March 2021
JOE: Increased 60 times within two weeks in August 2021
In January 2021, DOGE rose nearly 10 times in one day, at that time it was already a billion-dollar token
THETA's market cap rose from 1 billion dollars to 12 billion dollars in 3 months
RUNE's market cap increased from 200 million dollars to nearly 5 billion dollars in 5 months
FIL once reached a nearly 400 billion dollar FDV
ICP launched with a 250 billion dollar FDV
AXS's market cap rose from 200 million dollars to 10 billion dollars in 5 months, with an FDV of 43 billion dollars at its peak
GALA's market cap reached 5.4 billion dollars at its peak in 2021, while at the beginning of the year, the project's market cap was only 5 million dollars
TEL's market cap rose from 10 million dollars to 3 billion dollars (300 times), taking 5 months
If this is your first market cycle, you are likely to enter the market too late, allowing your investment to skyrocket at irrational valuations without timely profits, and then oscillating in many returns. However, if you are reading this article, you have likely experienced the previous cycle and survived the particularly brutal bear market of 2022. In a bear market, you must stay alert to every rise and be ready to short whenever a certain altcoin rises due to some catalyst. This behavior will be rewarded. However, in a bull market, everything changes completely: cryptocurrencies rise higher than you can imagine. You must be ready to profit from it.