My takeaway from being in crypto for 8+ years.

I've been in crypto for a while now, and here's my key takeaways (might be wrong, might be right… so take it with a grain of salt).

• It looks like the 4 year cycle is doing it's thing again, like usual.

• The tops come a bit sooner every time. Why? Because people like me think "I don't want to hold the bag again, the top will be in November, so let me make sure to get out a bit earlier than everyone else this time".

• The market overall is less explosive due to the obvious reasons that the crypto market cap has become much bigger than 5-10 years ago, so doing 100x is basically impossible (other than niche meme coin pump and dumps) and even 10x is way less likely. Going forward it will be even less X. The world market just isn't big enough for that kind of growth, and with institutional investors in BTC it will generally become more stable.

• Alts performing worse with every cycle (again, there's exceptions, I'm speaking overall). Why? Because the market and the people are maturing, almost everyone has had contact with crypto at this point, and for most of them it was negative (i.e. loss, scams, rug pulls, pump and dumps, NFTs, etc). There's not enough "greater fools" to keep the explosion going like 5-10 years ago when this was fresh.

Basically: the market is maturing, it's not the same as it was 5-10 years ago. Back then, we were all "younger/more naive", we thought crypto is some kind of technological revolution that will change the world, all trying to strike the next golden alt coin. Reality? It's not been that. It's a giant casino ridden with scams. It's pure gambling. I will probably never invest in an alt coin again, and I'm glad that the only "alt" coin I've invested in this cycle was ETH. But other than that, I will be sticking to only BTC going forward, as I can personally even see ETH dying off (albeit very slowly), as it has performed worse this cycle. Or maybe it'll be the "silver" to the "BTC gold", but that's about it.

With this realization, I've actually made money this cycle, as I sold everything recently with a good profit. I won't be holding the bags anymore like I did in previous cycles, sucking on the hopium/copium. 🙂 Going forward, it will be BTC only, probably DCAing into it during bear market and then trying to "sell early" before the next top crashes again. And the more and more people have this realization for themselves, the worse Alts will perform in comparison to BTC going forward.