Holding coins is like being a widow; 2024 is an extraordinary year. Personally, I feel this is the most challenging year in the sixteen-year history of cryptocurrencies! This cycle is vastly different from previous ones. Since October 2023, when Bitcoin broke the bull-bear divide, up until now, even now, most coins have failed to outperform Bitcoin (15888 - 106666).

Some quality coins have many participants; however, most people get off midway, buying at the bottom and selling, or selling and then buying again. Looking back from the end of 2023 to the first half of 2024, coins like XRP and Dogecoin have basically shown no significant increase. Even the most popular coin of the year, Pepe, has gone through a washout for over ten months, but in the end, the increase came, and most people still lost money. Why is that? Just three words — can't hold. Too many people focus too much on the news and are overly concerned with various analyses. Investment inherently has cycles; in real life, everyone understands this principle, but once they enter the crypto space, it’s as if they become a different person, thinking that once they invest, they must see returns, doubling in a month or just a few days, and it can't drop. If it drops, they claim a certain coin is trash or just a pump-and-dump scheme. Such talk plays out every day in the crypto space. The essence of investment is cyclical, measured in months and concluded in years. Looking at Bitcoin, its rise from the bottom of 15888, was that just a matter of a few months? After experiencing several major drops in May, July, and August over more than a year, you can only enjoy the current returns if you can hold on. The negativity among most people in the crypto space is too heavy; it’s either insults or more insults, never understanding the need to calm down and reflect on their investments and mindset. The financial market is not suitable for most ordinary people to invest in; most do not know how to improve themselves, always dreaming of getting rich every day. When contracts get liquidated, they blame the heavens and the earth, never considering their own issues. Therefore, the market will always follow the 80/20 rule, with only a few making money while most lose, with those who have awareness making money off those who do not. Without personal growth, filled with nothing but anger and insults, their wallets remain empty... The year 2025 is about to begin, and there is still opportunity in the market, but it has already gone halfway. I hope everyone can stay safe.