2026-01-12 07:00:38

#密码资产动态追踪 2021's bull market, did every person who bought coins really make money?

Open the chart from that time, and it's full of stories of hundredfold and thousandfold returns. It seems like everyone woke up laughing in the dream of financial freedom.

But only those who truly experienced that crypto market cycle understand—bull markets are not as exciting as novels, but rather a prolonged psychological battle. $BTC rose from the bottom to the peak, and mainstream coins like $ETH and $BNB also surged wildly. But how many retail investors actually made money? Most people entered at high prices out of FOMO, then watched the K-line fall from heaven to hell. Crushed mentality, frequent stop-losses, chasing gains and selling at losses—that's the real story of most people's bull market.

So, those who say "missed it, there won't be another chance"—just listen. The biggest test of a bull market is not vision, but psychological resilience.

BTC0,39%

ETH-1,58%

BNB-2,07%

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DecentralizeMe

· 3h ago

It hurts my heart. I was one of those FOMO victims at a high point in 2021. Honestly, it was all survivor bias back then. Those who made money couldn't stop posting every day, while those who lost had already deleted the app. The importance of mental resilience is spot on. I'm now financially ruined because of my mindset. Listening to "missed the next opportunity," even if it comes again, you'll still get cut again.

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ForkItAll

· 15h ago

Really, I was completely wiped out back in 2021, caught holding the bag at a high point. I can't figure out how those who say they made money did it; all I see are accounts hitting the daily limit down. Mindset is easy to talk about, but when the K-line crashes down, who can really hold on? Wait, is it only institutional accounts with big funds that can lie back and win? Retail investors are destined to be harvested. Don't talk about the next opportunity; it's good enough if we don't lose money.

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OnchainSniper

· 21h ago

You are absolutely right. Mental resilience is truly the biggest test. I have a bunch of people around me who bought at high positions and are still holding losses. Really? Back then, everyone in the group was shouting to buy in every day, but most people ended up catching the last wave. Not many people have a stable mindset; most are afraid to buy again after being cut once. Those who managed to survive that market cycle without their mental state collapsing are probably all making a lot of money now. But I'm just worried that they made a profit and then lost it all again, haha. Setting stop-losses too tight isn't good, and setting them too loose isn't either. Basically, it's about gambling on human nature. I've seen a guy who made five figures in 2021, but he chased the rally and sold in panic, losing five figures. Now he doesn't even read crypto news anymore. The stories of a bull market are the most harmful. The hundredfold or thousandfold gains are all survivor bias; the dead can't speak.

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ImaginaryWhale

· 23h ago

Really, in 2021, I was a living example of the opposite. What happened to those who bought at the high? Don't even mention it. The coins I hold still haven't broken even, my mentality has long since collapsed. A bull market is not a money-making machine; it's a mindset killer. I totally agree with that. Most retail investors are just providing liquidity for institutions. Honestly, that's a bit painful. Psychological resilience is a hundred times more important than vision, but unfortunately, most people lack this resolve. But speaking of which, will the next wave come? I no longer dare to expect much. Watching others achieve hundredfold returns while I was FOMO selling is truly the biggest regret. So now I just lie flat, holding onto my coins, and stop trying to catch the bottom or sell at the top. It seems that those making money are either lucky or have already cashed out. This thing called mentality really can't be changed. When the bull market comes, greed still kicks in; when the bear market hits, fear still takes over.

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MoonBoi42

· 01-12 07:30

In 2021, I didn't buy at the high, and I'm still bottom-fishing now. The mentality is really the biggest test. --- Honestly, retail investors are just destined to get cut. Those who bought at high levels have all cried. --- Psychological resilience? My mental state was already bankrupt when my position was halved haha. --- Those who talk about a bull market are all latercomers; those who are truly inside haven't spoken. --- Missing opportunities? Nonsense. There are still many such opportunities; it all depends on whether you can survive until the next one. --- The most heartbreaking thing is knowing these truths but still chasing gains and selling at dips. Who hasn't gone through this? --- You're right, but next time the bull market comes, I still need to learn this lesson.

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OnchainFortuneTeller

· 01-12 07:30

Haha, really, I’m still reflecting on being the one to buy in at a high price. --- To put it simply, it’s a mindset issue. Seeing others make hundreds of times profit makes your mindset explode. --- The ones who were shouting FOMO in the group every day back then are now silent. --- Mental resilience is indeed the most expensive lesson. --- The stories of hundreds of times gains are all survivor bias; no one admits to losing money. --- The bull market isn’t really bullish; it actually exposes people’s true selves the most.

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SeasonedInvestor

· 01-12 07:27

It really hits home. In 2021, I was among those who got cut at the high... Looking at the chart now, it still hurts. Chasing gains and selling losses are my blood and tears story. The more I talk about it, the more tears I have. Psychological resilience is much more important than choosing coins, but unfortunately, I only realized it after paying a lot of tuition fees. If there's another chance this time, I must hold on, but... I've said this countless times already, haha. Actually, there are really few people who make money; most end up losing. That's the real truth.

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AlwaysAnon

· 01-12 07:17

Mindset really is a fatal flaw. I still remember the tragic scene of many people buying at high prices back then. Those who make money are always a minority; most are just sent to the slaughterhouse by the whales. I didn't chase after the 2021 rally. I saw others making money and felt itchy, but I held back. In the end, I really made it to now haha. No matter how exaggerated the stories are, they are all survivor bias. No one wants to talk about the losses they suffered. Honestly, being able to hold on is much rarer than being able to read the market correctly. Who still wants to relive that psychological battle when this bull market arrives?

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