The imitation first wave of the rise is not meant to make you money at all—it’s meant to stress-test the market.

Who can withstand the volatility, who holds the bottom-positioned shares, who doesn’t run just because it’s up a little—only they are the real diamond hands. In the first wave, the chips get washed through and confidence gets filtered; only then does the market know who is worth the next round of capital to lift.

The real main surge usually isn’t the first wave. It’s often the second wave—once funds start spreading out.

The most common mistake people make with imitations is treating them like Bitcoin, holding from start to finish. Bitcoin’s early stage is more deterministic; in the middle stage, risk appetite spreads. The phase when imitations are most likely to really ignite is often this part. By the late stage, the market starts frantically hunting for stories and chasing lagging gains—yet you’re actually getting closer and closer to the area where holders are looking to cash out.

So when you look at an imitation right now, don’t just ask, “When will it finally surge completely?”

The first wave is the market testing who has diamond hands; the second wave is the market rewarding them.