**Lately, I've been thinking about why many people can't make a profit when things are going well or can't buy when things are going poorly.**
It's because there's almost always another bullish or bearish catalyst around the corner.
**In 2017:**
âJust wait until the institutions get involved! You haven't seen anything yet.â
**In 2021:**
âThis time it's different. This time we might actually have a supercycle! Plus, this time the institutions are really getting involved.â
**In March of this year:**
âWait to sell, at least until the halving! Selling before then is just foolish!â
You can also apply this logic in a bearish environment during any cycle.
**2018 - 2022 - 2024:**
âChina banning crypto and mining has really killed it this time.â
âIt was a bubble all along, and it will never come back.â
âLuna and FTX really put a dent in the industry from which it will never recover.â
âA recession is coming.â
Do you see what I mean? There will always be something that makes anyone believe that growth either will never happen again or will continue forever.
Instead, I advise taking a relatively neutral and modest approach.
I understand that you don't want to sell the little you've earned when there's a chance to earn significantly more.
But if any of your positions have substantial profits, literally ignore any upcoming catalysts that might still be on the horizon.
And lock in your gains! đł
Thereâs literally always something that stops you from selling or buying.
The best buys happened when the market was completely destroyed, and the best sales during moments of maximum euphoria.