In crypto, the word “wait” looks simple, but the outcomes can be worlds apart. Some people wait for years, their positions pinned to the floor, and never even break even before the flowers fade. Others hold for just as long and see their assets multiply several times over. They can exit gracefully at any point along the way—and if they sell too early, they kick themselves. The difference isn’t patience; it’s what you chose to invest in. Many people object: “I waited too. Why haven’t I even broken even?” Because the way you thought about choosing coins from the start was completely misguided. Many traders love picking up coins that were heavily pumped in the previous cycle, anchoring on their all-time highs. When the price first starts falling, they cautiously buy 10% or 20% of a position. The lower it goes, the more they add—and the more confident they become. They start buying when it drops from 10U to 5U, add more at 4U, then again at 3U and 2U, thinking it’s so cheap—how much lower could it go? If it just bounces back to 4U or 5U, they’ll make a killing. That’s human nature: we love a bargain, and we love bargain-priced coins too. But you’re treating the previous cycle’s high as an anchor for value. Plenty of people think just like you. Everyone keeps adding as the price falls, so their cost bases are all about the same. There are layers of trapped holders above. When the price starts to rebound, you don’t want to sell, while others may have lower cost bases and sell first. Will the big players step in to pump a coin like this? Will the project team, market makers, or whales come to bail out retail traders and lift the price for them, only to bury themselves in the process? Not realistic.