LIVEUnderstanding psychology is crucial in the world of cryptocurrency, yet it's often overlooked. Going from $1,000 to $100,000 might seem similar on paper to going from $100,000 to $10 million, but the latter is much more challenging due to psychological factors. Developing a resilient mindset is key to achieving and maintaining significant gains. One effective strategy is to never consider unrealized profits as actual money, as they can disappear rapidly. Many people fall into the trap of viewing their all-time high portfolio balance as their money, leading to emotional trading and eventual losses. By avoiding this mistake and aiming to retain at least 50% of peak gains by the end of the bull market, investors can set themselves apart from the majority who suffer from post-bull market stress disorder and end up relinquishing their profits back to the market.