This is the most tragic chart I've seen recently, and it's from the master.

Honestly, I rarely keep an eye on those altcoins because, in my view, most altcoins are essentially "accelerated versions of sickles."

There will definitely be people who argue that someone went from a few hundred dollars or a few thousand dollars to hundreds of thousands or millions.

But the question is, is that person you? Over the years, there have indeed been many coins that multiplied by hundreds, thousands, or even ten thousand times. But have you really caught a few of those? Have you truly held on?

I myself am an old leek who has been repeatedly educated by the market. To be honest, most people can't really make money from this; most are just providing liquidity.

Don't always focus on hot spots or emotional pump-and-dump schemes. Spend more time understanding the development of the entire industry and researching projects that truly have technology, narratives, and long-term value.

In the short term, luck matters; in the long term, understanding matters. What really makes a difference is never how many hot topics you've chased, but how well you've understood the trends.