The cryptocurrency market has now completely differentiated into "coins" and "securities." Coins refer to those mined using PoW like BTC and DOGE, which have no inherent function or intrinsic value, similar to gold. The rise in the value of these coins is purely due to the over-issuance of fiat currency, regulatory measures on fiat, and global taxation;
On the other hand, securities are those generated through PoS staking or created via code, such as ETH and HYPE. These securities have intrinsic value, and their logic is based on generating profits through a project, usually an exchange, and then using those profits for buybacks or destruction, which is very similar to how publicly listed companies use profits for buybacks to drive up their stock prices;
Therefore, when operating with BTC and DOGE, one should adopt a mindset similar to that of gold, as these coins can be accumulated;
As for PoS securities, it's best not to accumulate them easily; instead, approach them with a mindset similar to trading stocks!
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