PANews reported on December 6 that Chris Burniske, partner of Placeholder , said in an article that the crypto market may find it difficult to reach the $10 trillion target in this cycle. He pointed out that although this number was a good rallying cry at the bottom of the market and the direction was correct, it is necessary to remain rational as the market enters a frenzy. Burniske used 2021 as an example to remind investors that at that time, the market generally expected Bitcoin to reach $100,000 and Ethereum to reach $10,000, but the actual highest reached only about $70,000 and about $5,000.
He suggested that if investors buy when the market value is less than $1 trillion and expect it to reach $10 trillion, they can consider taking profits in batches between $3 trillion and $10 trillion. "No one loses money because of profit taking, and the unrealized gains during the rise are just psychological pain." Burniske said, "Never pursue perfection, otherwise you will always miss opportunities."
