2026-01-07 05:26:11

After many years of investing and trading, I’ve observed a phenomenon — people chasing hot trends, I’ve never seen anyone make money. Not a single one around me.

Remember the ICO craze of 2017? How many people went all-in on various project tokens, claiming they would get rich overnight. And now? Most of those people have already exited, or even lost everything. But those who honestly bought Bitcoin and held Ethereum during the same period are still doing well, and their returns are quite substantial.

In recent years, I’ve seen the same script repeat itself with Meme coins, GameFi, and L2 concept tokens. Some chase the surge wildly, getting trapped at high prices; others hold onto core assets steadfastly, waiting for the next cycle. The outcomes for both types of people are essentially the same.

Here’s a blunt truth — chasing hot trends in the crypto market and chasing the ChiNext in the stock market are fundamentally the same. Both are manipulated by short-term emotions and FOMO.

In five years, by 2030, looking back, how many of the traders currently chasing some quarterly hot coin will still be around? And those who bought mainstream coins and made long-term allocations should have already been laughing all the way to the bank.

BTC-0,23%

ETH-0,91%

MEME-1,31%

GAFI0,52%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

20 Likes

Reward
20
8
Repost
Share

Comment

0/400

TokenDustCollector

· 2h ago

Yeah, that's right. The guy I know who was chasing Meme coins is still trying to recover now, haha. Chasing hot trends is really a mindset game; once FOMO kicks in, there's no saving it. I remember the 2017 wave clearly; indeed, only a few who held onto BTC and ETH are still around. That said, now someone is hyping up the next hot coin, and I just lol. Honestly, those who lack patience and want quick double-ups always end up losing.

View OriginalReply0

BlockchainGriller

· 01-07 05:55

That's very true. Riding the trend is essentially betting on probabilities, and most people lose the bet.

View OriginalReply0

CryptoTarotReader

· 01-07 05:52

Really, once you start chasing gains, it feels like diving into the deep sea. I've seen too many people like this; where are they now? FOMO is truly a poison, more toxic than anything else. Bro, your words hit home. During the 2017 wave, none of the people around me survived. Honestly, those still chasing Meme coins now seem to have a gambler's mentality. Holding onto BTC and Ethereum is the real way; everything else is虚的. Over these 5 years, I've witnessed too many people go from full positions to clearing out, yet the most boring investments earn the most. This is not just motivational talk; it's brutally real.

View OriginalReply0

MondayYoloFridayCry

· 01-07 05:52

Chasing the trend now is basically just giving money to the big players.

View OriginalReply0

0xDreamChaser

· 01-07 05:45

Really, most of my friends who chased Meme coins got scammed, luckily I didn't follow the trend.

View OriginalReply0

SillyWhale

· 01-07 05:41

Really, all the buddies I know who chase hot topics have gone silent now. Honestly, it's still a mindset issue; greed for quick gains can be deadly. But I can understand it—everyone wants to make quick money. These words are harsh, but they are true. Holding coins until old age, the guaranteed winners are definitely this group of people.

View OriginalReply0

NFTBlackHole

· 01-07 05:40

That really hits home. I am the survivor of the 2017 blood bath, and I owe my survival to holding onto BTC tightly until today.

View OriginalReply0

FOMOSapien

· 01-07 05:30

Really, the buddies around me who were chasing Meme coins have now gone silent. As long as you don't FOMO, making money isn't that hard. Where did the people from 2017 go now, understand? To put it bluntly, chasing the hot trend is a suicidal trade. As someone who has held BTC long-term, I feel very comfortable now.

View OriginalReply0