đ¨đ¨ Why Didnât All Early Market Participants Become Millionaires? đ¨đ¨
1. Overconfidence in Timing:
Many believed they could outsmart the market.
2. Exhaustion from the Bear Market:
After enduring significant losses during the bear market, they exited prematurely.
3. Misled by Temporary Corrections:
Temporary pullbacks deceived them into thinking a major collapse was imminent.
4. Missed the Market Rally:
While they waited for the crash, the market surged.
5. Buying at the Peak:
In the end, they re-entered the market at its highest points, missing out on earlier gains.
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