90000 principal turned into 3.74 million: This trader proved how important it is to "hold on" in one year.

[Chain News] A trader with the code 2Gc2Xg recently sold all of his pippin that he had held for over a year - 24.8 million pieces, cashing out 3.74 million dollars, netting a profit of 3.65 million, with a return rate of just over 40 times.

Back to a year ago, this guy only spent 450 SOL(, which was about 90,000 USD) at that time, and he went all in. In January of this year, at the peak of his account, the unrealized profit surged to over 7.6 million. But he stubbornly did not take action, and as a result, the market value of pippin later fell below 10 million USD.

Recently, the market has warmed up, and he finally made a move. He cleared out at a price of 29,527 SOL. From a principal of 90,000 to exiting at 3.74 million, this operation looks like a diamond hand, but in reality, it may just be the “endure” strategy at work - not rushing at the highs, not panicking at the lows, and waiting for the rebound to exit.

Some say this is a pattern, while others think it's luck. But in any case, being able to hold on means you can reap the rewards, and this is indeed not easy in the crypto space.