#BTC☀ #币安用户数突破2亿 #BTC突破7万大关

In the past six months, Binance has delisted many old coins with familiar names that were once in the limelight. Unexpectedly, they are now forced to be delisted due to insufficient trading volume.

Inspired by this, I reviewed the TOP20 in the past three years (2015, 2018, 2021, and 2024). Looking at the rotation of the list, I can't help but feel a lot of emotion.

Each round is telling a brand new story and blowing the bubble of this round. It is the eternal consensus of the financial market that new leeks will not take over the old story, including the hype of traditional finance.

At present, the total number of coins included in coingecko is 14,612, and there are even more unlisted various local dogs on the chain. It is not excessive to have more than 100,000 coins in total. From a long-term perspective, only one in ten thousand coins are reliable and really valuable. So it is ridiculous to be brainwashed into believing in so-called value investment for a small coin. Even if you succeed, it is an event with survivor bias.

Look at the names that the market once believed in, EOS, DOT, NEM, DASH, BSV, BCH, ICP, FTM, which were once the most popular names in the market, and may not be seen in the next round of the market. A 90% drop and another 90% drop seem to have become commonplace. So who can guarantee that SOL and PEPE, which are now in the limelight, will still be on the TOP20 list in the next bull market?

Of course, if you think you can catch the hot spot like MEME, you can make a profit by entering and exiting quickly. This is indeed one of the few channels to quickly accumulate original capital when crypto is becoming more and more popular. However, this requires you to have an extraordinary market sense and a perfect trading system, which is not something that ordinary people can handle.

But never be moved by the stories of any coin other than BTC, and hold it for a long time with faith. This is the most doomed way to make people fall into ruin and never get their money back. Entering a bear market and hoarding only BTC is often the way with the highest success rate and the highest return rate.

There is so much to say, but it can be summed up in one sentence: Don't have any faith in 99.99% of the coins. If you believe in it early, you will get meat, if you believe in it later, you will get soup, and if you really believe in it, you will get liquidated.