2025-12-01 05:23:12

This morning I habitually glanced at the market and discovered a rather heartbreaking fact.

The prices of some altcoins have surprisingly dropped below the lows of the bear market in 2022. Coins like DOT, ETC, SAND, and ATOM, which were relatively popular back then, are now performing in a way that is truly lamentable—lower than the lowest point three years ago.

Looking at BTC, OKB, and BNB, their prices have long surpassed the peak of the last bull market. This is probably what is referred to as the "value selection mechanism" at work.

Time is a cruel touchstone. If you had bottomed out on SAND today in 2022 and held it for a full three years until now, your account would still show over 70% loss. However, if you had chosen OKB, BNB, or BTC at that time, you would now have at least 3 to 5 times the returns in your hands.

The market can be so paradoxical sometimes – you think you're making a head start, but in fact, you're stepping into a pit; you think you're moving slowly, yet you've reached the finish line. Choosing is really more important than working hard.

DOT-1.54%

ETC-1.06%

SAND-2.57%

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MevShadowranger

· 12-04 05:16

OMG, SAND just exploded. I told you, everyone who bought it back then were just gamblers. Seriously, picking the wrong coin is like picking the wrong life, bro. BTC and BNB keep heading north, the gap is just insanely ridiculous... Losing 70% in three years makes me want to puke. This is why I only copy BTC. But honestly, how many people have really held on until now? Most likely, they already sold at a loss and bailed.

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ApeWithNoFear

· 12-01 05:46

Fren who bought the dip on SAND probably deleted the app by now... Choosing the wrong track is truly a lifelong matter. That's why I only dare to play with top coins; the others are all suckers harvesting machines. DOT falling to this extent is quite remarkable; how many people used to hype it up. BTC will never be empty; this saying has no mistakes. It's too late to regret now; I'm just afraid of another big dump and being trapped. Some coins really won't come back...

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WalletWhisperer

· 12-01 05:36

the divergence is honestly just statistical inevitability at this point. altseason never actually happened, it was just... survivor bias masquerading as cycle theory. sand holders are basically studying what happens when you bet against network effects. brutal but predictable if you look at the transaction velocity data from back then.

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PaperHandsCriminal

· 12-01 05:28

My speed is incredible; I really dodged a bullet by not buying the dip when SAND was at that point, haha. Come on, I’m talking about myself. Back then, I was so determined to hold my coins for three years, but I’ve already cut losses and run. I’ve heard the saying that choosing is more important than hard work too many times, but it really hits hard. Betting on altcoins is like a gambler's mentality; you always think the next one will turn around, and this is the result. I didn’t enter a position during that wave of BTC and OKB; looking back, it's such a huge loss, I’m really speechless. A 70% loss over three years is still my daily operation; why didn’t I learn my lesson this time? Value screening mechanism? I see it as a retail investor harvesting mechanism.

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BlockchainArchaeologist

· 12-01 05:25

Looking at SAND, which has been down 70% since buying the dip in 2022, I really can't laugh anymore. Where is the "value coin" that was promised back then? --- That's how the crypto world is; the ones making money are always those few, while everyone else is just running along. --- OKB and BNB have long turned things around, while DOT is still on the brink of bankruptcy... Time is truly merciless. --- So you still have to choose the right track; effort alone doesn’t help if you choose wrong, it’s three years wasted. --- This wave truly illustrates what "choice is greater than effort" means; it hurts a lot. --- SAND is dead, and ATOM has no hope either. It seems not all altcoins can wait for their turnaround.

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