Farewell to the 4-year cycle, how to continue profiting in the new landscape of cryptocurrency in 2025?
Author: Miles Deutscher
Source: Miles Deutscher X account
Translation: Shenchao TechFlow
The 4-year cycle has come to an end. We are entering a new paradigm in cryptocurrency—survival of the fittest, elimination of the unfit.
Here are my strategies for navigating market changes in 2025 to continue accumulating wealth in uncharted territory.
Before sharing my strategies, let’s explore why the 4-year cycle has become a thing of the past.
I believe there are two reasons why the 4-year cycle is no longer applicable.
First, from the supply side, the halving effect of Bitcoin ($BTC) is gradually diminishing.
With each halving, the reduction in the issuance of new Bitcoins is becoming smaller.
For example, the halvings in 2012 and 2016 saw reductions of 50% and 25% in issuance, respectively, which had a significant impact on market prices.
However, by 2024, the reduction in issuance due to halving is only 6.25%. This means that the price-driving effect of halving is no longer as strong as before.
Second, from the demand side, the introduction of Bitcoin ETFs is a significant variable that has permanently changed the market rules.
Bitcoin ETFs are financial instruments that allow investors in traditional financial markets to invest in Bitcoin indirectly.
Since their launch, they have become the most successful ETF products in history, with demand far exceeding expectations.
This influx of demand has not only changed the overall landscape of the crypto market but has also broken many old market rules (such as the 4-year cycle).
The greatest impact of ETFs is reflected in the altcoin market. Let me elaborate.
In the past, you might have often seen a chart showing the price rotation relationship between Bitcoin and altcoins. This was indeed valid in 2021.
But now, this relationship has broken down.
(The original image is from Miles Deutscher , compiled by Shenchao TechFlow)
In 2017 and 2021, when Bitcoin prices rose, many wealthy Bitcoin whales would transfer profits into altcoins on centralized exchanges (CEX), thus driving the prosperity of the altcoin market.
However, now most new funds are entering the market through Bitcoin ETFs, and these funds are not flowing into the altcoin market.
In other words, the way funds flow has fundamentally changed, and altcoins no longer benefit from the wealth effect of Bitcoin.
Retail investors have directly flocked to high-risk speculative projects on-chain, known as "on-chain casino games" (Pump Fun).
Compared to 2021, the number of retail investors in this cycle has significantly decreased. This is mainly due to the pressures of the macroeconomic environment and the fact that many suffered heavy losses in the last cycle due to events like LUNA, FTX, BlockFi, and Voyager.
However, those retail players who remain in the market have directly skipped mainstream coins and chosen to seek opportunities on-chain.
You can read my detailed analysis of how this phenomenon affects the market here .
If my judgment is correct, meaning that cycle theory is no longer applicable, what changes can we expect in the future market?
I have one piece of bad news and one piece of good news to share.
The bad news is: It has become harder to "lie flat and make money." This is a natural signal of the industry's gradual maturation.
In fact, there are now more trading opportunities in the market, but if you continue to use strategies from 2021—such as holding a bunch of altcoins and quietly waiting for the "altcoin season" to arrive—you may be disappointed or even perform poorly.
The good news is: Since there is no longer a so-called four-year cycle, this also means that prolonged bear markets triggered by specific factors in cryptocurrency will no longer occur. Of course, from a macroeconomic perspective, long-term bear markets are still possible, as cryptocurrencies do not operate in isolation, and their correlation with the macroeconomy is now tighter than ever.
The market's "risk appetite periods" and "risk aversion periods" are more likely to be driven by changes in macroeconomic conditions. These changes often trigger short-term mini echo bubbles, rather than sustained months of one-sided upward trends. The so-called echo bubbles refer to short-term market rebounds brought about by changes in the macro environment, which, while smaller in scale, share similarities with past large bubbles.
In these bubbles, there are plenty of opportunities to make money.
For example, in 2024, we witnessed rotations of different hot spots: November was the meme craze, December was the AI concept, and January was for AI agents. Undoubtedly, new trends will emerge next.
If you are sharp enough, these are excellent opportunities to make money, but they require a strategy that is slightly different from past cycles.
A few days ago, I had dinner with @gametheorizing , who made a very insightful point.
Many people are pursuing an ultimate goal: whether it's to multiply their portfolio by 5, 10, or even 20 times.
But in fact, a better strategy is to focus on multiple small bets rather than going all-in. By continuously accumulating a series of small victories, the long-term returns from this approach may be greater.
Therefore, instead of betting everything and hoping for the altcoin season to quickly double your assets, try to accumulate wealth through the compounding effect of time.
Specifically, you can adopt the following strategy:
Small bets > Take profits, re-bet > Take profits again, repeat.
This is also why many top traders and thinkers in the crypto space (like Jordi) were once professional poker players. They learned to view each trade through the lens of probability, assessing possible outcomes rather than betting blindly.
My portfolio is currently allocated as follows:
50% invested in high-conviction assets with long-term potential, and 50% in stablecoins and active trading. I will use this portion of funds to seek short-term opportunities in the market, entering and exiting flexibly.
Additionally, I use stablecoins as a benchmark for measuring the success or failure of trades. Each time I exit a trade, I convert profits back into stablecoins, allowing me to clearly see my earnings.
If your cryptocurrency portfolio is too diversified and you don't know how to respond to current market changes, last week I shared a guide that explains how to optimize your portfolio based on market changes.
In this article, I emphasized a key point: the importance of setting "invalidation" standards for each trade. Just like when you decide to buy a certain cryptocurrency, you need a clear reason to validate your choice. "Invalidation" refers to the criteria for exiting a trade promptly when market conditions no longer meet your expectations.
I have noticed that many people enter trades without basic risk management awareness and without setting clear exit criteria. This often leads to unnecessary losses.
If you are looking for a suggestion that can significantly enhance your future profitability, it is this: Establish clear technical or fundamental "invalidation" standards for each trade. This will not only help you manage risk better but also improve the overall efficiency of your trades.
Of course, your confidence level in a trade and the expected holding period may influence how you set "invalidation" standards or trigger conditions. But regardless, this does not change the fact that you need to plan ahead. Having a clear exit plan is one of the keys to successful trading.
Although the current market may not fully adhere to past cyclical patterns, I remain optimistic about the future. As long as you maintain the right mindset and strategy, 2025 still holds great potential for growth.
Currently, we are in a bear market phase, but market trends will eventually change, bringing many new opportunities. Before that, your primary goal is to survive.
The returns in the cryptocurrency market often belong to those who can endure through extreme volatility. No matter how the market fluctuates, patience and resilience are the keys to ultimate success.
Meme Coins or Utility: Why Are SHIB & DOGE Whales Exchanging Their Tokens for RTX As It Bestows 4...
Big investors who own lots of SHIB and DOGE are now switching to Remittix (RTX). Why? Because RTX is not just a fun meme coin it actually helps people send money fast and cheap. Unlike SHIB and DOGE, which rely on hype, RTX has real-world use. With prices rising and experts predicting big gains, many believe RTX is the smarter choice for the future.
Is Shiba Inu Ready for a Comeback? Smart Investors Are Watching Remittix Too!
Shiba Inu (SHIB) is displaying some positive movement! Now at $0.00001623, the price rose eleven percent. Should SHIB exceed $0.00001790, it may find itself headed towards $0.00002000 or perhaps $0.00002200. Still, problems can develop if it comes under $0.000014.
While SHIB is trying to recover, many investors are shifting their focus to Remittix (RTX). Unlike meme coins, Remittix has real-world use, making international payments faster and cheaper. It’s already gained 30,000 holders, and with a price of $0.0567, experts believe it could soar 4x soon.
SHIB holders are now asking: Do I wait for SHIB to break out, or should I switch to something with real growth potential like Remittix? With big investors eyeing RTX, it might be the better bet for long-term success.
Elon Musk’s Plan for DOGE and Why Investors Are Eyeing Remittix Too
Elon Musk is working on making the government smaller and more efficient. His team, called DOGE (Department of Government Efficiency), is trying to fix wasteful spending. Musk says some government workers want to do the right thing but were stopped by bad management. He believes if they are given more power, they can save a lot of money and cut down on fraud.
One of their main targets is the Treasury Department, where Musk thinks smarter decisions could make a big difference. He and his colleagues have been prohibited from viewing some crucial records for now, though, by a federal judge. DogeCoin (DOGE) is trading at $0.2543 while other investors are eagerly observing to see whether Musk’s involvement could raise its price.
But while DOGE is gaining attention, many investors are also looking at Remittix (RTX). Unlike DOGE, Remittix has real-world use; it makes international payments faster and cheaper. It already has 30,000 holders and a price of $0.0567 with experts predicting huge growth.
With Musk making moves in government and crypto, investors wonder: Will DOGE surge again or is Remittix the smarter choice for long-term success?
Why Investors Are Watching Remittix
Remittix is attracting a lot of attention because it solves a real problem sending money across borders quickly and cheaply. Currently, banks take days to process payments and charge high fees. Remittix changes that by offering a faster, more affordable way to send money. It simplifies the process by directly converting crypto to FIAT, helping businesses and individuals complete transactions in minutes instead of days.
What makes Remittix stand out is its real-world use. It’s not merely another crypto motivated by hype or conjecture. Early on, the initiative has attracted over $11.6 million and is building investor trust. Many analysts believe RTX, with a current price of $0.0567, might rise up to 50 times its value as more people use its payment mechanism.
Remittix is also committed to security. The team has tested the system rigorously and has locked funds for three years to prove their commitment. As the need for faster and cheaper global payments grows, Remittix is positioned to become a leader in the digital finance space. It’s a crypto with a real-world purpose, and investors are taking notice.
Remittix Presale: A Game-Changer in Global Payments
Remittix is revolutionizing cross-border payments with fast, low-cost transactions. With over $11.6 million raised and RTX at $0.0567, early investors see massive potential. Don’t miss out, join the presale today and secure your spot in this financial revolution!
Join the Remittix (RTX) presale and community:
Join Remittix (RTX) Presale
Join the Remittix (RTX) Community
Global Bond Market Could Drive 1,300x Growth in DeFi, Says Omni Founder
Co-founder of Omni Foundation Austin King believes tokenization will reshape global finance—but not in the way many expect. After meeting with over 40 traditional finance leaders, King came away thinking that while tokenization is inevitable, its adoption will not happen overnight.
Instead, it will progress gradually, beginning with assets that are easier to digitize. He expects tokenization will likely follow a structured, institution-led path rather than a fully decentralized model.
“This is going to reshape the entire industry—but it won’t happen the way people are expecting,” King said , sharing the BlackRock CEO’s interview on X.
King argues that one of the biggest misconceptions is that tokenization is still brand new. According to him, over $200 billion in assets have already been tokenized on-chain, primarily through stablecoins, which function as tokenized fiat currencies.
Related: Ethereum Dominates RWA Tokenization with $5.8 Billion in Assets, Leaving Competitors Behind
Going beyond stablecoins, treasury bills are another emerging category. King noted that $1 billion worth of treasury bills is already on-chain. These assets are particularly valuable because of their stability and yield generation. This makes them essential for decentralized finance (DeFi) and traditional finance (TradFi) applications.
“In DeFi, protocols usually require USDC as margin. In TradFi, exchanges usually require treasury bills as margin,” King explained .
Meanwhile, King emphasized that tokenization’s expansion depends on regulation and complexity. Corporate bonds and stocks face strict regulations, which will slow things down for adoption. Additionally, assets with features like yields and dividends require advanced blockchain solutions, making tokenization more challenging.
He sees short-term corporate bonds as the next major asset class for tokenization due to their predictable yield and standardized issuance. With the global bond market valued at $130 trillion, even a small fraction being tokenized could drive massive growth in DeFi.
“The global bond market is worth $130 trillion. If we tokenize even a fraction of that, DeFi could experience 1,300x growth,” King said.
In the interview shared by King, BlackRock CEO Larry Fink reaffirmed his belief that the tokenization of financial assets will redefine global markets. Fink emphasized that tokenization could eliminate inefficiencies in stock and bond settlements, improve security, and enhance investment customization.
Related: Investors Lie in Wait as Stablecoins Circulating Supply Surge Over $16B in 2025
“We believe the next step going forward will be the tokenization of financial assets,” Fink said. “Every stock, every bond will have its own CUSIP, and it’ll be on one general ledger.” He added that investors would have unique digital identifiers, reducing fraud and enabling instantaneous settlement of transactions.
Fink, who leads the world’s largest asset manager, sees tokenization as a technological breakthrough that could lower costs and increase transparency in traditional finance.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
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