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In a complete Bull Market, the price of the coin usually goes through the following stages:
Initial Increase: The price of the currency may first rise by 3 to 5 times, followed by a possible correction of 50% to 80%, and the price falls back to near the starting point of the first wave.
Primary uptrend: After experiencing the initial adjustment, the coin price will start the primary uptrend, possibly increasing by 5 to 20 times, reaching the top of the bull run, after which the bull run ends, and the coin price may face a decline of up to 95%.
Many investors often underestimate their ability to choose coins, but overestimate their ability to hold coins. To obtain coins with a hundredfold increase, one must be prepared to withstand the test of significant drawdowns and profit taking, as well as the subsequent oscillations and psychological pressure.
In summary, fluctuations and adjustments in a Bull Market are inevitable. Successful investors need to have patience and psychological resilience in order to persevere and ultimately achieve profitability in the market's ups and downs.