A very common phenomenon: during a bull market, anyone can make money. Buying anything randomly will see it go up, and then people start to get carried away, feeling overly confident, thinking they are the chosen ones. Once a bear market arrives, they stick to the old routines, and what happens? Their accounts are wiped out. There are countless examples like this in the crypto world.
The problem is, most people simply cannot escape this psychological trap. When they have money, they enjoy the admiration and envy of others, experiencing the thrill of wealth. Suddenly losing everything, the psychological gap can be so deep that some people may never recover in their lifetime.
But from another perspective, a bear market is actually the most valuable time window for traders. Instead of waiting passively, it’s better to take proactive actions: hone trading skills, study on-chain data, learn programming, build networks, become proficient with AI tools, and experience various products and protocols in the new ecosystem. These are the competitive advantages when the bull market arrives.
When the next bull market starts, you will thank your current self for sticking to learning.
To be honest, 99% of people in the market are currently losing money. Don’t give up, don’t be discouraged—true gaps are often widened at such moments.
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PanicSeller
· 14h ago
Honestly, mental preparation is much more difficult than technical skills. I've seen too many people who made some money in the bull market think they're geniuses, only to have their mindset collapse when the bear market arrives.
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GasFeeTears
· 14h ago
People tend to get complacent after making some money in a bull market, and then they crash and burn when the bear market comes. There are indeed quite a few such people.
Really, once your mindset collapses, it's hard to recover even if you make money again. It's better to learn more things now.
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PumpAnalyst
· 14h ago
Basically, 99% of people fail because of their mindset. Everyone is a genius during a bull market, but when the bear market comes, they don't know what to do, completely forgetting technical analysis and risk control [sweat].
Wait, don't always talk about honing skills or learning to code. It sounds like a motivational quote, but seriously, this period is indeed a window to differentiate yourself.
The real difference between the chives (losers) and the profit-makers is now.
In this bear market, I see some people still clinging to bad projects, waiting for the whales to pump the price—completely clueless, brothers.
Persistence is good, but only if you're persisting on the right things. Don't persist blindly.
A very common phenomenon: during a bull market, anyone can make money. Buying anything randomly will see it go up, and then people start to get carried away, feeling overly confident, thinking they are the chosen ones. Once a bear market arrives, they stick to the old routines, and what happens? Their accounts are wiped out. There are countless examples like this in the crypto world.
The problem is, most people simply cannot escape this psychological trap. When they have money, they enjoy the admiration and envy of others, experiencing the thrill of wealth. Suddenly losing everything, the psychological gap can be so deep that some people may never recover in their lifetime.
But from another perspective, a bear market is actually the most valuable time window for traders. Instead of waiting passively, it’s better to take proactive actions: hone trading skills, study on-chain data, learn programming, build networks, become proficient with AI tools, and experience various products and protocols in the new ecosystem. These are the competitive advantages when the bull market arrives.
When the next bull market starts, you will thank your current self for sticking to learning.
To be honest, 99% of people in the market are currently losing money. Don’t give up, don’t be discouraged—true gaps are often widened at such moments.