Will this round of the bull market be the last wave in the cryptocurrency world?

I want to say that this wave is most likely the last big bull market for ordinary people to turn their fortunes around.

As the market gradually matures and more institutions enter, opportunities for ordinary retail investors to profit will become increasingly scarce.

This wave may be the last chance for the cryptocurrency world to allow the underdogs to rise.

The cryptocurrency world is indeed one of the most promising paths for ordinary people to turn their fortunes around, but that does not mean the process will be smooth. The essence of life is ups and downs, with gains and losses; what remains unchanged is continuous learning, filling in knowledge gaps, letting go of prejudices, and making money is just a matter of time.

The cryptocurrency world will continue to exist in the future, but such a large bull market is unlikely to happen again.

Overall, within the next ten years, this market will still be quite good, because finance is important for everyone, and digital currency will be a necessity for countless people.

However, the second half of 2025 is likely to enter a bear market.

A four-year cycle, the winter will freeze most investors,

and then a new wave will open up, but the volatility and growth will become smaller and smaller. The space for profit will also become smaller.

Starting from September 2023, I officially created this Zhihu account, maintaining a bullish outlook for more than a year, not because I just thought of it, I can't just be bullish like that.

However, after several rounds of bull markets in 2017 and 2021,

each halving cycle leads to a significant rise in Bitcoin, each time with dozens of times the increase, halving cycle + interest rate cut expectations + ETF approval.

Under such favorable conditions, why not be bullish?

I'm not looking at my own emotions, but merely the patterns that have lasted for more than a decade. If you get hit once and don't feel pain, would you not feel pain after being hit several times?

Money comes from the wind, not from guessing based on one's feelings.

I am just summarizing historical patterns. There are no personal emotional factors involved.

I want to say to friends in the market: cherish the present, cherish now, good days are few, but standing on the shoulders of giants of the era, this wave of wealth will leave you with unforgettable memories for a lifetime.