According to Charlie Bilello, bull markets have lasted on average five times longer than bear markets, with bull phases delivering about +254% over roughly five years versus bear phases averaging -31% over about one year (source: Charlie Bilello, X post on Dec 7, 2025, and linked video at piped.video/watch?v=LutENzRsYL0&t=1075s). Bilello emphasizes that markets spend more time compounding gains than destroying wealth and argues that interrupting compounding is the biggest risk for investors and traders (source: Charlie Bilello, X post on Dec 7, 2025, and linked video at piped.video/watch?v=LutENzRsYL0&t=1075s). For trading, Bilello’s message prioritizes maintaining exposure and avoiding forced exits that cut off participation in multi-year uptrends, while using risk controls to survive shorter drawdowns, a framework traders can also apply in crypto markets (source: Charlie Bilello, X post on Dec 7, 2025, and linked video at piped.video/watch?v=LutENzRsYL0&t=1075s).