Stay rational and cash out in a timely manner in a bull market
No one can profit from the market forever. "Everyone knows that you can make money quickly in a bull market, but the key is how to keep these gains. For example, the meme coins you hold now may no longer exist in a month or two. Its market value may drop from $200 million to $5 million, which is so drastic. You can't predict these things."
Some statistics show that only about 0.01% of the meme coins have a market value of more than $500 million, and most traders will eventually lose money. Many people see huge gains on paper, however, they always hold the emotion of "I can make more", which eventually leads to the loss of the wealth they already have.
"So, if you make some money that is life-changing for you, take some of it out. The market will always have a chance to come back. Maybe you can calm down for a while, take a vacation, and then re-evaluate the market. It is very important to stay rational."