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In a complete bull market, the price of cryptocurrencies typically goes through the following stages:
Initial Rise: The price may initially surge 3 to 5 times, followed by a possible correction of 50% to 80%, bringing the price back to near the starting point of the first wave.
Main Uptrend: After the initial adjustment, the price will begin the main uptrend, possibly surging 5 to 20 times, reaching the peak of the bull market, after which the bull market ends and the price may face declines of up to 95%.
Many investors often underestimate their ability to select coins while overestimating their ability to hold onto them. To achieve a hundredfold return, one must be prepared to endure significant drawdowns and profit withdrawals, as well as the accompanying fluctuations and psychological pressure.
In summary, the volatility and adjustments during a bull market are unavoidable, and successful investors need to possess patience and mental resilience to persist through the market's ups and downs and ultimately achieve profits.$BTC $SOL $NEIRO