For all the noobs: When (not if) this bull market crashes, almost every coin will drop by 80-90% in value. Don’t fall for the “this time is different” argument. It’s not.

Here are examples from previous market cycles:

• Doge has dropped by 90% twice in the past, once after the 2015 bull run, and again after the 2017 bull run
• Ethereum dropped 90% after the 2017 bull market.
• After the 2013 bull run, Bitcoin dropped over 80%. After the 2017 bull run, it dropped over 80% again.
• Ripple dropped 95% from the 2017 bull market.
• Cardano dropped 80% after the 2017 bull market.
• VeChain dropped 90% after the 2017 bull market.
• Nano dropped 98% after the 2017 bull market.
• After the 2013 bull run, Litecoin dropped 97%. It then dropped 90% after the 2017 bull run.
• Monero dropped over 90% after the 2017 bull run.
• Iota dropped 97% after the 2017 bull run.

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The list goes on and on. While there may be some exceptions to this pattern, everyone who "invests" in crypto needs to be prepared to take some massive losses once the bull market reverses. In many cases, top 100 coins that spiked in 2017 never rebounded and are never going to bounce back. They're dead and gone forever.

Please, please, please be aware that this time is no different. The bear market will return, and it will destroy all of your gains, and at first you'll tell yourself that it's just a small correction, and then everyone on Reddit will say it's just the Chinese new year or something like that, and then you'll kick yourself for not selling sooner and you promise you'll sell as soon as there's another price increase, but it never comes, and you finally give up and accept that you lost a ton of money because you thought this time was different and you thought you could time the market. But it's not and you can't.

My advice is to take some profits over time, have a graduated exit plan and DCA entry plan, and don't fool yourself into hodling thru the bear market unless you never plan to sell. But if you never plan to sell, you'd better make sure you hodl something worth hodling.

Good luck, and don't say I didn't warn you.