115 - Most people will end the bull market with $0

When the market is in a bull run, making money seems easy. But most people end this cycle with nothing. A bull market is not just an opportunity; it is also a psychological test. This leads many to not realize that if they do not know how to manage their wealth, it is only temporary.

Prices double in a matter of weeks. You wait for a correction, but it doesn’t come. Prices continue to rise tenfold. A bull market operates by its own rules: price is a story. This story does not need perfect logic. If you wait for the ideal entry point, you might miss out on great opportunities. But even when participating, you need to understand that if you do not take profits at the right time, the profits do not truly belong to you.

Your portfolio grows astonishingly, but you haven’t made any profits. Why? Because you believe that prices will keep rising forever. But profits only truly belong to you when you sell. Avoid "screenshot rich". When an asset doubles in value, convert 50% into stablecoins. Do not shift profits into riskier assets. This is not profit-taking; you need to avoid losing profits in a volatile market.

No one likes to admit mistakes, but the market doesn’t care about your ego. Holding onto losing assets not only wastes capital but also leads to missed opportunities. Once opportunities are lost, recovery becomes more difficult. Therefore, reducing losses is not just a financial decision; it is a way to protect your survival in the market. Reducing losses is essential for survival, and survival is a necessary condition for victory.

A bull market is unrelated to fundamental value. Projects that attract attention, are simple, and easy to understand will win. Do not try to find "hidden gems" in such cycles. Instead, focus on what others want to buy right now. This is the only way to optimize short-term opportunities without getting lost in unrealistic expectations.

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