New year, new atmosphere. As we approach 2025, I first want to wish happy new year to my friends who follow my articles: Happy New Year! In the new year, I hope everyone can achieve their wishes, stay healthy, and reap abundant rewards in the bull market.
In the second half of 2024, Ripple emerged as a surprise, increasing fivefold in just one month.
From the news perspective, it is because Trump came to power and has a friendly stance on cryptocurrency policies. Ripple's four-year persistent battle with the SEC has led to a victory.
The news will greatly impact the short-term market trends, but the deeper reason is that Ripple continues to refine its operations. It has not been discouraged by the lawsuits in 2020 or the market's pessimism; instead, it keeps working, developing its ecosystem, and researching technology.
It is precisely because of this perseverance that when the victory dawns for the industry, they can be the ones standing in the sunlight, enjoying the admiration of retail investors.
But how many retail investors have benefited from this complete market movement with Ripple?
This is very, very rare. In a coin that has shown no movement for two and a half years, referred to as a 'stablecoin' or 'outdated,' at this time, almost no retail investor will hold it.
Perhaps there will still be a small number at the beginning of 2024; those old investors who entered during the last bull market will have faith. Having tasted success once and feeling unwilling to give up, they will hold on.
However, after experiencing the inscriptions, meme coins, and AI sectors in the first half of 2024, they sold their chips and chased new coins. In the end, they found themselves stuck buying high on new coins while old coins increased in value.
This is the real face of the market.
Many people are starting to pay attention to Ripple now. They are optimistic; everyone is talking about it. News has also been released that institutions are applying for an XRP ETF. Some people are starting to imagine that if it goes through, won't it rise a lot?
Let me give you an example: it's like in a school where everyone knows who the first place is, some people know who the second place is, but when it comes to the third and fourth places, who can clearly remember?
So for Ripple, it is essential to pay attention to risks at this moment. Even if the ETF is approved, one should not fantasize that it will infinitely rise to $5 or $10.
The extended topic is: one should look at the market facts to determine when the peak will be reached.
Different types of coins have different peak timing. If you cannot identify when the coin in your hand will peak during a bull market...
To put it nicely, one might always be tormented, missing many opportunities that could have been seized through reallocation, or selling early and missing out on significant profits. However, due to the inability to identify the peak, lacking this skill, one can only wait idly.
To put it more clearly and realistically, many people will ride the roller coaster from the bottom to the top and back to the bottom due to their inner obsession. The losses incurred are not just numbers in their accounts but also years of time, energy, and opportunities.
Therefore, mastering the technique of selling at the peak is a challenge every trader must face. Those who know how to buy are disciples; those who know how to sell are the masters!
What's worse is that some friends cannot identify when to buy at the bottom or sell at the top. They lack the right mindset to hold, feeling anxious and scared with every rise and fall, yet are unwilling to learn and improve.
Then you need to ask yourself a question: why would the ones making money be you?