In a bull market, the greatest test for a person is — holding on.
Why?
First, the market is highly volatile. Significant price fluctuations and deep pullbacks often leave people feeling anxious.
Second, the psychology of fear. As prices continue to rise, the fear of heights also emerges, leading to increasing worry the higher it goes.
Third, the gradual elevation of the bottom. The market often raises its bottom gradually without people realizing it, making it hard to grasp.
Fourth, comparison psychology. Seeing other people's coins rise rapidly while one's own coin lags can easily lead to self-doubt, and often after selling, the coin price starts to soar.
Fifth, information interference. Social media is filled with various profit-sharing messages, often boasting millions in profits, which undoubtedly increases anxiety.