If BTC rises to $140,000 in this cycle, it could drop to $40,000 in the future (for example, by the end of 2026). Therefore, if someone buys at a price of $90,000 and holds on firmly, once the cycle turns into a bear market, they will continuously lose money and may take 3 to 4 years to break even.
Only those who have experienced bull and bear markets will understand this.
But those who have not gone through cycles will suffer greatly, watching Bitcoin continue to rise without considering the risk-to-reward ratio.
They keep buying on the rise, ultimately increasing their costs.
Along the way, they believe in those useless predictions that lack value (such as buy when it drops to $80,000, buy when it drops to $90,000). These predictions offer no significant help, ignoring the highs and lows of the larger cycle.