In the ever-evolving world of cryptocurrency trading, a recent insight from Bobby Ong, co-founder and CEO of CoinGecko, shared via a KuCoin podcast, underscores the essence of long-term conviction in Bitcoin investments. As highlighted in the KuTalks interview, Ong's quote resonates deeply with traders: "Most sell at 2x. Few holds to 10x. 100x? That demands conviction." This statement captures the psychological fortitude required to hold Bitcoin through market volatility, emphasizing that surviving crashes isn't mere luck but a profound understanding of one's investment rationale. The podcast, released on November 6, 2025, delves into Ong's experiences and advice for crypto enthusiasts, making it a must-listen for those navigating the Bitcoin market today.

Bitcoin's Historical Price Journey and the Power of Conviction

Reflecting on Bitcoin's trajectory, purchasing BTC 11 years ago around 2014 when prices hovered near $600 per coin, as reported in various market analyses, would have positioned investors for monumental gains. By November 2021, Bitcoin surged to an all-time high of approximately $69,000, representing over a 100x increase for early holders who weathered multiple bear markets. Key timestamps include the 2018 crash where BTC plummeted from $20,000 in December 2017 to under $3,200 by December 2018, testing investor resolve. Trading volumes during these periods spiked, with daily volumes exceeding 1 million BTC on major exchanges during the 2020-2021 bull run, according to aggregated exchange data. This historical context aligns with Ong's message: conviction means holding through drawdowns like the 2022 bear market, where Bitcoin dropped from $69,000 to around $16,000 by November 2022, only to recover to over $60,000 by early 2024. For traders, this implies identifying support levels, such as the $50,000 mark established in mid-2024, and resistance at $70,000, where selling pressure often intensifies.

Trading Strategies Inspired by Long-Term Holding

From a trading perspective, Ong's advice encourages strategies beyond short-term flips. Consider dollar-cost averaging (DCA) into Bitcoin, which mitigates volatility by buying fixed amounts regularly— for instance, weekly purchases since January 2023 would have averaged an entry price around $25,000, yielding significant returns as BTC climbed to $73,000 by March 2024. On-chain metrics, like the Bitcoin Realized Price metric tracking average cost basis at about $30,000 in late 2024, provide indicators for potential rebounds. Institutional flows, with over $10 billion in Bitcoin ETF inflows in the first half of 2024 as per financial reports, signal growing conviction among large players. Traders should monitor trading pairs like BTC/USDT, where 24-hour volumes often surpass $20 billion on platforms, offering liquidity for entries during dips. Cross-market correlations with stocks, such as the S&P 500's positive linkage to Bitcoin during risk-on periods, suggest hedging opportunities; for example, Bitcoin's 15% rally in October 2024 mirrored tech stock gains amid AI-driven market optimism.

Market sentiment plays a crucial role, with fear and greed indices dipping to extreme fear levels during crashes, like the 35-point reading in June 2022, presenting buying opportunities for the convicted. Broader implications include exploring AI tokens influenced by Bitcoin's momentum, as sectors like decentralized AI computing see increased trading volumes when BTC stabilizes above key moving averages, such as the 200-day EMA at $55,000 in recent months. Ultimately, Ong's interview on KuTalks reinforces that achieving 100x returns demands not just timing but unwavering belief, backed by data-driven analysis of price movements, volume trends, and macroeconomic factors. Traders eyeing the next cycle should focus on resistance breakthroughs, with potential targets at $100,000 if conviction holds amid regulatory shifts and halvings, like the April 2024 event that historically precedes bull runs.

To optimize trading outcomes, incorporate technical indicators such as RSI levels above 70 signaling overbought conditions, as seen in Bitcoin's November 2021 peak, or MACD crossovers for momentum shifts. With no immediate real-time data shifts noted, the current narrative points to a bullish outlook if holders maintain discipline, potentially leading to new highs in 2025. This blend of historical insights and strategic conviction could unlock substantial opportunities in crypto trading.