Since everyone is bored, I'll take the opportunity:

The bear market begins at the peak of FOMO (fear of missing out), when people are in a euphoria of profit, and greed takes over the majority. Then the bear market starts inconspicuously, looking like a regular correction, similar to the current corrections. Gradually, it forms lower highs and lows, and most people do not believe what is happening and deny it.

After a while, greed begins to subside, and all a trader wants is to return at least to the peak or close to it to sell. But this becomes a naive goal because they have already "fallen into the trap." The trader continues to hold on, averaging down positions, until they lose all their capital.

The lessons I learned:

1. The peak is a range, not an exact price.

2. You can't stay in the market until the very end. It's okay to "leave a tip" for the market.

3. When cryptocurrencies move, they don't need a year to reach their targets. 2-4 weeks is enough to make 5-10x.

4. Opportunities are always renewed; you won't miss anything. Greed is unnecessary; take profits, even if they are small.

5. And please never believe the phrase "this time it will be different."

Good luck!