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Only after experiencing a bear market will you truly realize how difficult it is to make money. In crypto, you can only seize that brief window during a bull market to build up your initial capital, then rely on it to endure the long downtrend. Put bluntly, the vast majority of projects in the crypto market are essentially Ponzi schemes. Every Ponzi scheme eventually extracts money from investors; the only differences are the pace, the size of the scheme, and how long it lasts.

99% of projects are schemes, and the truly reliable ones with solid fundamentals may account for only 1%. But even if you are lucky enough to encounter that 1%, most people still cannot hold on. When prolonged shakeouts wear people down, few can withstand the psychological pressure.
Therefore, the optimal strategy is not to bet on how wildly the market can rise, but to know when to exit during the rally. Lock in your profits, stop trading, and take a break.

The logic behind running a scheme is to hype up market sentiment and capital. Only when attention rises and tokens are changing hands frequently do the operators have a chance to complete their distribution and cash out. For this very reason, these projects will eventually reveal their flaws and be disproven by the market.