#ETHOnTheRise Sad but true friends, that's how cycles work in the cryptocurrency market.
Unfortunately, the people who entered the market 3 years ago and lost their money one by one, who had patience and continued here, and whose mouths burned a lot, unfortunately will not be able to earn as much as those who have just entered the market. Since new investors have not yet experienced what losses mean, their risk appetite is very high. They buy without fear, dreaming of big profits.
The old investors are now more cautious due to their past losses. They find that the profit is enough, sell early, and leave the market one by one. However, after the point at which they sell, the market rises even more. Newcomers, on the other hand, constantly buy with their profit appetite, and these increases are what benefit them the most.
This cycle has always been like this for years. While experienced investors patiently wait for 3 years, accumulated experiences and losses hold them back. However, new investors multiply their profits within a few months. But here too, there is a truth: experience is always the best teacher.
Most newcomers do not make profits even at the top of the market because they do not know how to sell at the right point. While waiting for a higher peak, most end up entering the next cycle with losses. This is exactly how the cryptocurrency market works, friends.
Always remember: in this market, losses and gains are cycles of succession. Use your experience, but do not panic. Acting with the right strategies always generates profits.