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In a complete Bull Market, the coin price usually goes through several stages:
Early Rise: The initial coin price rises 3 to 5 times, then may experience a drop of 50% to 80%, and the price drops back near the initial point of the first wave.
Main Wave: After experiencing initial adjustment, the coin price will begin to undergo the main wave, possibly rising up to 5 to 20 times, reaching the peak of the bull market, after which the bull market ends, the coin price may face a decline of up to 95%.
Many investors often underestimate their ability to choose coins, but overestimate their ability to hold coins. To get coins with high returns, you must be prepared to face the test of significant withdrawals and returns, as well as the psychological shocks and pressures that come with them.
Overall, fluctuations and adjustments in the Bull Market are inevitable, successful investors need to have patience and mental resilience in order to survive and eventually profit amidst market fluctuations.
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