This round of the bull market seems to be a microcosm of the history of cryptocurrency, which may be difficult for newcomers who have just entered the market in the past two years to understand: why have the old holders who entered the market in 2017 not yet achieved financial freedom, and why have those who bought BTC in 2014 and 2015 not reached financial independence?
Everything you have experienced recently, especially the fluctuations in the last few days, is exactly what the old holders have gone through over the years.
From the results, BTC worth several thousand dollars, BNB from 2017, and various other coins, theoretically should have achieved freedom if held until now. But the problem is that many people did not hold on; it wasn’t just the old holders who couldn’t hold on in the past, but even with the recent ETH, how long can you persist? This is the same principle, the same psychological state.
In the early days, let alone ETH and altcoins, even BTC, we couldn't guarantee that it wouldn’t go to zero. Now at least we have BTC ETF and ETH ETF as support, along with Trump's policy backing; what more can we be dissatisfied with?
In such a context, if you can't even hold onto ETH, let alone the major events like 312 and 519 that we have experienced.
Looking at the entire history of cryptocurrency, it cannot be said that holding on will lead to wealth; some people are still holding EOS, while others have gone to zero. But what can be certain is that those who trade frequently and lack patience will definitely not gain huge returns in the cryptocurrency market. The ones who can truly hold on are those with determination and perseverance.