Bull Market: Opportunities and Challenges
A bull market is a market phase filled with opportunities and challenges. During a bull market, one often experiences missed opportunities and selling too soon, watching prices continuously rise, feeling as if being teased. But there is no need to panic; selling too soon is not a big deal. The key is to learn not to fear drops in a bear market and not to fear rises in a bull market; this is the norm of market psychology.
At the same time, it is important to understand that in a bear market, one must think ahead of others and not go with the flow. Doing what everyone else does will surely not yield big profits. The fluctuations of the market will reveal the answers. We should be grateful for the market and for those opportunities that help us grow; each step lays the foundation for the future.
In a bull market, it seems anyone can make money because the entire market is on an upward trend, and all industries exhibit similar performance. However, to profit in the market, one must make contrarian choices. Regardless of how the market fluctuates, one should stick to their own pace, as short-term pain will eventually pass. Sticking to a strategy is the path to long-term success.