I've heard incredible tales of individuals either retiring in a month or regretting their decision to hold back into the bear market because they believed "it always goes up" and didn't want to lose out on bigger earnings
In any case, that would have been in the bull run of the first cycles. In the cycle we are in, from peak price to peak price, it has only increased by 3.5X. If we were to count from the minimum it would be 20X, but for that you would have to hit the cycle minimum to buy a good lump sum and then hit the maximum to sell everything at that time, which is as likely to hit as you are to win the lottery.
And just think that even in that case, if you invested $1K, you've turned it into $20K, which doesn't give you enough to retire on. If you invested $10K, you will have had $200K, which is a good amount, but if you were able to invest $10K, it won't be that much for you.
If we go to the previous cycles, the multipliers were higher, but apart from the improbable case of hitting cycle minimums and maximums mentioned above, what has been really profitable and has given you enough to retire is to hold on for two cycles, not one.
In my case, as I didn't have a good amount as to be able to retire, I just remember as sweet moments checking the price and seeing that we had beaten another ATH, just as I would enter the forum and it was full of bullish threads, just as on Youtube and social media, everyone saying that the price was going to $150K, $200K, even some prediction $0.5M. The bad thing was the disappointment afterwards, that those predictions didn't come true.